Distinguished Blog - Community Associations
Market insights and industry news.
D&O Insurance: 5 Scenarios Where Associations Needed Coverage
Directors and Officers (D&O) insurance is big business for brokers — according to a report by A.M. Best, the D&O insurance market is expected to reach $18.2 billion in gross written premium by 2027. It also should be a no-brainer decision for the association’s board of directors because it’s effectively a safety net for them….
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Discrimination: On “Adult Swim” and Playpens in the Pool Area
Pool rules and pet regulations may seem like no-brainers at first to community associations. But are you entirely aware of what posted rules can constitute discrimination?
Water Auditing to Assess Water Usage on Your Grounds
What if every time you filled a glass of water you threw half of it in your boss’s face? Well, that’d be bad! But that is kinda what happens with most landscaping water systems. Half the water that is being used to sustain the grounds around your building is being wasted. That’s straight from the…
When the Hoarding Hits the Fan
Hoarding. It can manifest in a few different ways, but the bottom line is clear: It’s a serious problem that needs to be addressed. The hoarder isn’t the only one at risk here, so are adjacent neighbors, property owners, and community associations. If a property owner or community association ignores a problem, they could be…
Playground Safety Checklist
It’s that time of year again when the sound of children running around in playgrounds across our neighborhoods fills the air. It’s also a time for heighted precautions because as fun as a playground can be, it’s also a place where kids can get seriously injured. More than 200,000 children ages 14 and younger are…
Get Ready for Hurricane Season
As the hurricane season – June 1 through November 30 – unfolds, safety preparations should already be underway by homeowners and coastal business owners, including hotels and restaurants. Forecasters at the National Oceanic and Atmospheric Administration (NOAA) say the Atlantic could see another above-normal hurricane season this year, predicting a 70% likelihood of 11 to…
Oroville Dam Risk Highlights Importance of Flood Readiness for Property Managers
After a five-year drought throughout the state, Northern California’s surface water systems have now been pushed to the breaking point on the heels of weeks of rainfall. Nearly 190,000 people were evacuated on February 12 over fears that a damaged spillway at the nation’s tallest dam in Lake Oroville located in the Sierra Nevada foothills…
Preventing Slips and Falls in Winter Months
Slip and fall accidents account for 15% of all accidental deaths in the United States. Annually, an estimated one million Americans will have an injury related to a fall, 600,000 will be hospitalized and 17,000 deaths will occur. Studies find most injuries result from contact with outside surfaces. Property owners could be liable for injuries…