Ungated: News and Insights on Community Association Living
Understanding the options: 7 steps to consider as communities face skyrocketing insurance premiums

Understanding the options: 7 steps to consider as communities face skyrocketing insurance premiums

Over the past year, most of the country has felt the effects of a hardened insurance market. Community associations are seeing fewer insurance options, experiencing more scrutiny regarding what insurance companies will write, and getting forced to find coverage more often in the surplus lines market. As community associations look at their insurance premiums and consider renewal, experts recommend seven steps for finding the best coverage.

Reclaiming paradise: Florida manager leads disaster recovery

Reclaiming paradise: Florida manager leads disaster recovery

Disaster recovery efforts can be complicated even without a challenging insurance market. Valencia on the Gulf, a condominium community nestled on the normally picturesque beach in Venice, Fla., was among the many neighborhoods that got hammered by Hurricane Ian. Under the leadership of its community manager, Valencia is well on its way to recovery.

Corporate Transparency Act: Sweeping federal law requires community compliance

Corporate Transparency Act: Sweeping federal law requires community compliance

Community associations must take seriously new mandatory filing requirements under the Corporate Transparency Act, legal experts advise. Existing community associations must comply with the law’s reporting requirements by Jan. 1, 2025. New community associations have 30 days after incorporation to file. Information also must be updated following changes in governance such as the election of directors.

New communities: Condominiums, homeowners associations to see continued growth in 2024

New communities: Condominiums, homeowners associations to see continued growth in 2024

Since the 1970s, community associations have been a popular housing choice for people around the world—and the number of new condominium communities and homeowners associations is expected to increase by more than 3,000 in 2024, according to projections by the Foundation for Community Association Research, an affiliate organization of Community Associations Institute (CAI). 

Let it snow: Texas community creates winter wonderland

Let it snow: Texas community creates winter wonderland

While nestled in the heart of Spring, Texas, where snowfall is a rare sight, the Windrose Community Association has found a creative way to bring the joy of winter to its residents. Each year, usually during the holiday season, Windrose transforms a designated area into a Texas winter wonderland by creating a snowy hill that children can enjoy. This heartwarming tradition not only brings joy to the children, but also strengthens the sense of community within Windrose.

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