Latest Condominium Headlines

All the headlines from our Condominium Topic Page, ordered by recency.

NBIS Expands Wrap Product to Condominiums in All But New York

Jan 17 2006 // NBIS, the exclusive manager for ProBuilders Specialty Insurance Co., RRG, has expanded its wrap product to include condominium conversion projects in all states except New York. NBIS is targeting the following conversion...

FEMA Says Condo Owners Can Apply for Hurricane Wilma Assistance

Jan 5 2006 // The Federal Emergency Management Agency in Orlando, Fla. has reversed its position and is encouraging condominium associations needing financial assistance to repair roofs and other property destroyed or damaged by...

CONDO ASSOCIATIONS URGED, USE MEDIATION, SETTLE DISPUTES

Dec 19 2005 // A mediation program to help condominium associations resolve disputes over hurricane claims has been suggested by Tom Gallagher, Florida CFO. He said the mediation program, established for homeowners after the 2004 storms,...

Luxury Condos and Co-ops

Dec 5 2005 // Nuts & Bolts: The Chubb Group of Insurance Companies has rolled out insurance packages for the owners of luxury condo and co-op apartments in New York. The policies address coverage gaps created by building...

Condominium Associations Urged: Use Fla. Mediation Program to Settle Hurricane Claim Disputes

Dec 1 2005 // A mediation program to help condominium associations resolve disputes with their insurance companies over hurricane claims has been suggested by Tom Gallagher, Florida CFO.Gallagher said the mediation program, established...

Nonprofit D&O Essentials: Homeowners, Condo Association Boards Beware

Nov 7 2005 // Americans place significant value on their residential investments. So who wouldn’t want to get involved in one’s homeowners or condominium association? But the directors and officers of these nonprofit...

Nonprofit D&O Essentials: Homeowners, Condo Association Boards Beware

Nov 6 2005 // Americans place significant value on their residential investments. So who wouldn’t want to get involved in one’s homeowners or condominium association? But the directors and officers of these nonprofit...

NSM Insurance of Pa. Acquires Reich Coastal Condo/Hotel Program

Oct 19 2005 // NSM Insurance Group of Conshohocken, Pa. is buying the coastal condominium, hotel and motel insurance program of Reich Insurance Associates, announced Geof McKernan, chief executive officer of NSM. CHAMP, as the program is...

Chubb Fills N.Y Condo and Co-op Insurance Gaps

Oct 17 2005 // The Chubb Group of Insurance Companies has rolled out insurance packages for the owners of luxury condo and co-op apartments in New York. The policies address coverage gaps created by building associations reducing their...

Latin Agents Tackle Wind Damage Issues; Explain Confusing Condo Statutes

Aug 22 2005 // Like a hurricane rolling in from the Atlantic, a panel on hurricane insurance claims, moderated by Rudy Valdez-Diaz, a past-president of the Latin American Association of Insurance Agents, went into high-gear during the...

BOCA RATON CONDO DEVELOPER SAYS ‘NO’ TO HURRICANE SHUTTERS

Jul 18 2005 // Banyan Lakes, a condominium developer in Boca Raton, Fla., an area well known for upscale housing, has banned condo owners from placing hurricane shutters outside their windows, residents can put them inside the windows if...

Two More Fla. Insurers Request Homeowners, Condo Rate Increases

Jul 11 2005 // Florida Preferred Property Insurance and Old Dominion Insurance have joined the list of insurers asking the Florida Office of Insurance Regulation for permission to increase homeowner and condominium policy rates.Florida...

LAAIA Agents Tackle Condo Policy Issues, Find Statutes Confusing

Jul 7 2005 // Major changes in Florida Statute 718 and how insurance agents should write condominium policies, based on what part of a condominium property should be covered by the condominium association and what part must be covered...

Condominiums and Multi-Family Dwellings

Oct 25 2004 // Nuts & Bolts: ACE USA enhanced its disaster mortgage protection program by adding coverage for condominiums and multi-family dwellings through its ACE select markets division. ACE select markets provide specialty...

Condominiums and Multi-Family Dwellings

Sep 20 2004 // Nuts & Bolts: ACE USA enhanced its disaster mortgage protection program by adding coverage for condominiums and multi-family dwellings through its ACE select markets division. ACE select markets provide specialty...

Condos and Vacation Rentals

Sep 6 2004 // Nuts & Bolts: Abram Interstate Insurance Services is offering coverage for condominiums and vacation rentals. Coverage includes extended replacement, special computer coverage, ordinance and law, personal articles,...

ACE Adds Condos, Multi-Family Homes to DMP Program

Sep 2 2004 // ACE USA, the U.S.-based retail operations of the ACE Group of Companies has announced an enhancement to its Disaster Mortgage Protection program by adding coverage for condominiums and multi-family dwellings through its...

Condo Associations Join Call for TRIA Renewal

Jun 11 2004 // A national organization representing 250,000 community and condominium associations is urging the U.S. Department of Treasury to extend and expand provisions of a law that enable community associations to obtain reasonably...

State Farm Condo Insurance Rates to Increase in Nev.

Apr 13 2004 // Nevada Insurance Commissioner Alice A. Molasky-Arman has approved the request of State Farm Fire and Casualty Company for an overall statewide average increase of 28.8 percent for rental condominium unitowners insurance,...

Condominiums

Oct 20 2003 // Nuts & Bolts: Appleby and Sterling is offering a market for condominiums (1980 and newer).Dollars: $25M depends on spread, distances. Deductibles of $1,000, $2,500, $5,000, $10,000. Minimum premiums of $2,500....