Latest Condominium Headlines

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

Florida Condo Developer Sues Residents Over Website

Oct 22 2013 // The developer of a mold- and water-plagued condominium complex in Manatee County alleges in a lawsuit that a handful of former and current residents conspired to hack emails and to create a website slamming the company in...

Capital Insurance Group to Offer Premium Credits for Apartment Buildings, Condos

Sep 23 2013 // Capital Insurance Group (CIG), a regional property and casualty insurer serving the Western U.S., has released three new 2 percent total premium credits for commercial apartment and condominium lines. The Stovetop...

10 Things to Know About Condominiums

Aug 16 2013 // 1. To adequately insure one’s condo apartment, it is important to review the condo association’s bylaws and proprietary lease to find out which structural parts of the condo units are covered by the association...

10 Things to Know About Condominiums

Aug 5 2013 // To adequately insure one’s condo apartment, it is important to review the condo association’s bylaws and proprietary lease to find out which structural parts of the condo units are covered by the association...

Retrial Ordered in Florida Condo Association Suit Against QBE Insurance

Sep 24 2012 // A federal appellate court has reversed a $7.2 million judgment and ordered a new trial in a Florida hurricane insurance case.The 11th Circuit Court of Appeal issued the ruling in Atlanta based on a May opinion by the...

Alabama Beach Condo Developer Wants BP to Pay Claim

May 1 2012 // Developers of an Orange Beach, Alabama condo project say BP should pay out a claim they filed for losses they say resulted from the 2010 oil spill in the Gulf of Mexico.The Press-Register reported that developer Larry...

Florida Waits on Condo Rates

Jan 9 2012 // Florida condominium buildings will see no rate increase for now. Citizens Property Insurance Corp. has been looking to shed some of its current 1.5 million policyholders. One proposal called for capping the available...

Florida’s Citizens Pulls Back on Condominium Rate Hikes for Now

Dec 20 2011 // Florida condominium buildings that rent out 25 percent of their units will see no rate increase for now despite playing a key role in the state’s largest property insurer’s plan to reduce its policy count.Since...

Florida’s Citizens Plans Condo Rate Hike

Dec 5 2011 // Florida residents in high-value condominium buildings insured by the state-backed insurer could see their premiums rise 19 percent.Rates charged by Citizens Property Insurance Corp. for its commercial residential...

Florida’s Citizens Plans 19% Rate Hike on High-Value Coastal Condos

Nov 16 2011 // Florida residents living in high-value condominium buildings insured by the state’s government-run homeowners’ insurer could see their rates increase by 19 percent on average.Citizens Property Insurance Corp.,...

Chubb Unveils Package Insurance Policy for Apartment, Co-op, Condo Risks

Jun 21 2011 // A new commercial multi-peril package policy from the Chubb Group of Insurance Cos. will provide apartment building owners and co-op and condominium associations with a package of property, casualty, workers compensation,...

Condo Owners File Suit over Fees at Chartis-Owned Ski Resort

May 16 2011 // When he signed to buy a condo at Vermont’s Stowe Mountain Resort, Patrick Sullivan was told his share of fees charged by the resort developer for hotel-type services would be about $410 a year, not the roughly $8,000...

Lightning Possible Cause of Fire at New York Condos

Apr 21 2011 // Authorities are trying to determine if a lightning strike from severe thunder storms sparked a fire that caused extensive damage to a suburban Buffalo condominium complex.WGRZ-TV reports that firefighters arriving on the...

Kentucky Condo Owners Await Ruling Over Shoddy Construction

Mar 15 2011 // A group of condominium owners in northern Kentucky is hoping a judge’s ruling will give them an opportunity to collect several million dollars from a defunct construction company they say did shoddy work on their...

Florida Approves Citizens Rate Hikes for Condos, Rentals, Commercial

Oct 12 2010 // Florida Insurance Commissioner Kevin McCarty has approved additional rate increases for state-backed Citizens Property Insurance Corp. The latest round affects condominium associations, commercial buildings, rental...

Propane Leak Blamed for Fatal Blast at Massachusetts Condo

Aug 6 2010 // Fire investigators say a propane leak from a basement heating unit was the cause of a deadly explosion at a condominium under construction in Massachusetts. State Fire Marshal Stephen Coan said that damage to the heating...

Tornado Damages 18 Condos in Western New York

Jul 26 2010 // A tornado tore through western New York on Saturday, ripping the roof off a condominium and damaging 17 others and causing widespread power outages.The National Weather Service said the twister touched down in Mayville in...

Miami Condo Association Sues QBE Insurance Over Hurricane Claims

Nov 25 2009 // A Miami condominium association is suing its insurer, QBE Insurance Corp., and its Florida general managing agent, for more than $500 million in damages, claiming bad faith and deception in handling hurricane claims.Daniel...

Crist Veto of Condo ‘Glitch’ Bill a Letdown for Unit Owners, Agents

Jun 15 2009 // Florida Gov. Charlie Crist’s veto of a condo insurance bill has disappointed condo unit owners and insurance agents who must comply with what they say is a costly and confusing existing law that would have been...

Crist Veto of Condo Insurance Bill Disappoints Unit Owners, Agents

Jun 8 2009 // Florida Gov. Charlie Crist’s veto of a condo insurance bill has disappointed condo unit owners and insurance agents who must comply with what they say is a costly and confusing existing law that would have been...