Co-op and condo board members usually are volunteers who live in the building and contribute their time and expertise to help their community. Ideally, they ensure that the building runs well and efficiently, and that residents’ investm…
Category: Insurance
Meet John Anderson. He is your friendly association board member. He doesn’t know much about being on a board. He simply wanted to help his community, and he’s very willing to learn. And then there’s Anne Davis. She has been a member of …
Pools, hot tubs, saunas and gyms are big-ticket, high-demand amenities. They add value and enjoyment to properties without question—but they also come with major considerations when it comes to insurance coverage. A condominiu…
Recent developments, both legislative and environmental, have led to considerable changes in the Illinois insurance marketplace. And such changes, as managers know, often lead to added paperwork, confusing requirements, and tricky lega…
It's no secret that the insurance industry is big business; there are approximately 2,000 companies competing for market share, which means that co-op, condo, and HOA boards have their work cut out for them when it comes to understandi…
With the sun beating down on the shores of Lake Michigan and the mercury nudging the top of the thermometer, it may seem strange to think ahead toward late autumn and beyond, when the Chicagoland area's condo and HOA communities will b…
Serving on one's condo or association board is sometimes a rough job; there are tough decisions to make that impact the lives of one's own friends and neighbors, priorities to set that cannot possibly please everyone, and financial cha…