All the headlines from our Condominium Topic Page, ordered by recency.
May 4 2020 // Rutherford, NJ, May 4, 2020 Berkley Luxury Group, a Berkley company offers nationwide insurance solutions with two divisions, Berkley Luxury Real Estate Specialists and Berkley Fine Dining Specialists. The name is designed...
Nov 4 2019 // Authorities say 13 people were evacuated after a possible sinkhole opened outside a condominium complex in central Florida.An advisory from Alert Seminole County says 16 units at Royal Arms Condominiums were affected by...
Aug 5 2019 // An interesting question came in to the Academy of Insurance recently, edited below for space and to avoid disclosing any identifiable details.“I live in a condo building. A sewage pipe burst, causing damage to my...
Jun 12 2019 // China’s Anbang Insurance Group Co. is scouring the globe for condo buyers looking for a little — or a lot — of Park Avenue glamour.Four years after buying the famed Waldorf Astoria for a record $1.95...
May 22 2019 // Members of a Hawaii condominium association have filed a lawsuit saying the building is unsafe and uninhabitable.The Honolulu Star-Advertiser reported that the lawsuit filed by owners of units in the 3-year-old Waiea tower...
Apr 18 2019 // Some Connecticut condominium associations with crumbling foundations can seek financial help from the captive insurance company that’s been helping owners of stand-alone homes. Michael Maglaras, superintendent of the...
Apr 3 2019 // We had an interesting question come in this week so I thought I would address it publicly. I’ve edited the question for space and to avoid disclosing any identifiable details.“I live in a condo building. A...
Feb 25 2019 // Allstar Underwriters (AUI) has expanded its HO-6 Condo Insurance Program to three additional states. The expansion covers Delaware, New Jersey and Maryland.Through the HO-6 expansion, AUI aims to continue developing...
Dec 11 2018 // A measure that would have given condominium owners two extra years to comply with a Honolulu fire safety law has been deemed lost.The Honolulu City Council failed this week to acquire enough votes to override Mayor Kirk...
Dec 3 2018 // Local developers in coastal Alabama that utilized Insurance Institute for Business & Home Safety’s (IBHS) FORTIFIED Commercial construction standards in the design of a coastal condominium complex have earned the...
Oct 23 2018 // The floor of a condominium clubhouse near Clemson University collapsed during a large private party early Sunday, hurtling dozens of people into the basement, authorities said.About 30 people were taken to local hospitals...
Aug 28 2018 // Have you ever watched someone try to finish a jigsaw puzzle with pieces missing? There are still a few hundred pieces to place, but there is one open space in the middle of a grove of trees that beckons to be filled. The...
Aug 6 2018 // Have you ever watched someone try to finish a jigsaw puzzle with pieces missing? There are still a few hundred pieces to place, but there is one open space in the middle of a grove of trees that beckons to be filled. The...
Jul 20 2018 // Fire has left homeless hundreds of residents of a suburban Chicago condominium complex.About 150 firefighters from 50 departments near Prospect Heights battled the fire, which Prospect Heights Fire Chief Drew Smith said...
May 31 2018 // A large fire at a Florida condominium complex has destroyed at least 10 units.The Martin County sheriff’s office says a section of the Cedar Pointe Villages complex in Stuart was engulfed by flames on Monday night....
Mar 21 2018 // It’s official: Anbang Insurance Group Co. has filed a plan for the luxury condos it’s developing at Manhattan’s Waldorf Astoria, and it calls for fewer apartments than the company initially aimed for.The...
Nov 14 2017 // Velocity Risk Underwriters has expanded its Florida products to include HO-6 (condominium) for primary, secondary, seasonal, long-term rental, and short term rentals (minimum two days). Velocity offers an A.M. Best...
Sep 8 2017 // Beyond the bar and the palm-fringed pool, past the gold-leafed columns and floor-to-ceiling murals, workers at the grand Faena Hotel Miami Beach prepared for Hurricane Irma’s fury.Their unusual assignment: fortify...
Jun 15 2017 // The conversion of New York’s landmark Waldorf Astoria hotel into luxury condominiums is moving forward as planned and no delays are anticipated after the property’s owner, China’s Anbang Insurance Group...
Feb 10 2017 // Maine fire officials say two condominium buildings were destroyed by fire at Saddleback Mountain. Rangeley Fire Rescue Chief Tim Pellerin says two others were saved, and no injuries were reported during the Tuesday evening...