As we mark the third anniversary of the Champlain Towers South tragedy in Surfside, Fla., CAI honors the memory of the victims and reiterates its commitment to promoting safety and resilience within community associations. CAI remains dedicated to providing education, resources, and support to community associations to protect the lives, well-being, and investments of all community residents.
When the Champlain Tower South condominium in Surfside, Fla., partially collapsed three years ago this month, Daniel Gonzalez was in bed just an hour away in Boca Raton. His immediate reaction was to commission a structural inspection on their nearly 50-year-old building. Gonzalez advises managers and boards facing the recertification process to be hypervigilant about structural maintenance.
Community association managers wear many hats and must be well versed in a wide range of skills, all of which are equally important. One component of a manager’s role is to completely understand the financial management aspects of a business. This means knowing and interpreting the financial pieces as well as the nuances that come along with decisions.
Summer is just around the corner, which means it’s almost time for pool season. Maintaining the perfect oasis is about more than just warm weather and water. Community associations need to have a good pool policy. Here’s how.
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.
