As property insurance rates are somewhat stabilizing in 2022, umbrella liability rates continue rising for common interest communities. New challenges are emerging in the insurance landscape, and it is imperative for board members and community managers to partner with credentialed and experienced professionals who will guide them through this social inflation crisis and will help them mitigate liability claims.
Many Americans have changed how and where they work during the COVID-19 pandemic. Some community association leaders who have seen an increase in home-based businesses are trying to be flexible with restrictions, while others say it’s time to revisit and modify rules.
Reopening amenities and common areas during the COVID-19 pandemic is a complicated decision for community association leaders. Boards and managers need to ask not only can various amenities be opened, but should they?
As summer heats up, many community association residents would like nothing more than to take a dip in the pool. However, opening pools while promoting safety in the middle of a pandemic isn’t so simple.