UPDATE: Corporate Transparency Act – Preliminary Injunction Denial / CAI Legal Team Continues With Lawsuit
The Corporate Transparency Act has been the subject of some recent legal action taken by CAI in hopes of preventing this Act from impacting over 300,000 associations across the United States from being adversely impacted as of January 1, 2025. To learn more about what work is being done by CAI regarding the Corporate Transparency Act, please click on [...]
CAI Heartland Chapter Presents Insurance “SHOW ME” The Hard Market
For anyone who is a homeowner, Board member, business partner of the Heartland Chapter of CAI or works with professionals who are a part of this amazing CAI Chapter, please click on the link below to sign up and attend our upcoming webinar on the state of the current insurance market as I will be joined by Karen O'Connor Corrigan, CIRMS [...]
Rising Homeowners Premiums — The Data Behind It, By Peril and By State
In another information packed article from Carrier Management this month, please click here to read more on the statistics fueling the "why" for rising homeowner insurance rates in the United States.
Why Homeowners Insurers Are Losing Money: Roofs Matter, Not Just Rates
Sharing an article that is focused on the on-going insurance industry woes tied to roofing on individual homes and how intense convective storms, aging roofing materials, and increased material and labor costs have led to increased homeowner rates and creative deductible structures to help the insurance industry navigate this hard market. Please click here to read this article from Carrier [...]
Commercial Residential Property & AI by CAPE Analytics
The commercial insurance industry has been working with automation for some time with underwriting for small commercial lines as well as online quoting platforms developed by some insurtech firms. With the growth and inclusion of AI in almost everything we touch now, it is no surprise to see AI working behind the scenes in the insurance industry as well. [...]
Finding the Right Attorney for Your Association
Board members of homeowners associations (HOAs) and condominium associations have enough on their plates to manage right now, let alone attempt to navigate potential legal matters or contentious lawsuits on their own. To be prepared for the unknown, Board members should seek out to retain an attorney that is experienced with handling association matters BEFORE there is the immediate [...]
KC Board Forum 2024 – Hosted by First Service Residential on 9/18/2024
Wanted to say thank you to First Service Residential in Kansas City, especially Christine Lentz (President) and Jennifer Bishop for allowing us to attend your vendor expo at your Board Forum event. With nearly 200 Board members in attendance at the event, there was a lot of activity during the vendor expo and the focused group discussions in the [...]
UPDATE: Corporate Transparency Act – Recent News on Federal Suit Filed by CAI
The Corporate Transparency Act has been the subject of some recent legal action taken by CAI in hopes of preventing this Act from impacting over 300,000 associations across the United States from being adversely impacted as of January 1, 2025. To learn more about what work is being done by CAI regarding the Corporate Transparency Act, please click on the [...]
How does the age of your association’s roof impact your property insurance coverage?
Managing an association can be challenging enough for experienced association managers and Board members before having to understand how insurance coverage can come into play for your association -- whether is has been newly constructed or on the National Register of Historic Places in your municipality. Knowing the age and condition of the roofing on your buildings, and how [...]
CAI Annual Trade Show in St Louis Wrap-up
We had a great time at the CAI Trade Show in Saint Louis and we are grateful for all of the Board members, unit owners, business partners and colleagues who stopped by our booth to talk about the current insurance market for associations, how a Board can best prepare for an upcoming insurance renewal, or learn more about our [...]
