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 [...]

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 [...]

  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 [...]

  It’s budget season, and community managers and board members are all asking the same question—What will our insurance costs be for the upcoming year? In past years, we were able to provide a somewhat accurate estimate for the upcoming renewal. However, budgeting for insurance costs has become an increasingly intricate task. This year more than ever, it’s nearly impossible [...]

While the Corporate Transparency Act may not directly impact an association's insurability, it will have an impact on every association in the United States and Community Associations Institute (CAI) is working hard on efforts to prevent or greatly lessen the impact of this from going into effect January 1, 2025.  For more information on the Corporate Transparency Act, please click [...]

  As we are slowly approaching fall weather, the topic of trees and may be coming to mind as you start to think about leaf cleanup as an association manager, or as a Board member wondering about the health of that beautiful oak tree next to your condominium building.  For some additional insight on this, click on the link below [...]

  We are back at it again!  This time we will be at the CAI Annual Trade Show/Expo at the Sheraton Lakeside Chalet in Saint Louis, Missouri on Tuesday, August 13th from 4 to 7 PM. There will be an educational session for Board members/Trustees from 4 to 5:15 PM titled “Financial Dire Straits:  You are note alone!”.  One of [...]

We had a great time at the CAI Trade Show in Kansas City and we are grateful for all of the attendees who stopped by our booth to talk about the current insurance market for associations or learn more about our new website. Click on the link below for more on this on LinkedIn: CAI Trade Show - Daniel [...]