Tag Archives: million

HOA Insurance Coverage: What’s the Right Amount? Discussion Forum Follow-Up

A reader asks, “Our HOA has 22 units with no swimming pool, tennis courts, playground, club house, etc. We now have $1 million per occurrence and $2 million aggregate on our general liability insurance policy and a $5 million umbrella policy. What do most HOAs our size and situation carry on general liability and umbrella? We’re discussing the…

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KY: Condo owners make Erpenbeck judgment stick

News items of national interest regarding Condominium and Homeowner associations, compiled by the Community Associations Network

She and 131 other Wellington Place owners came a step closer to getting the repairs March 3 when Campbell Circuit Judge Julie Reinhardt Ward declined to reconsider a $3.8 million judgment against Erpenbeck builder’s insurance carries, Ohio Casualty and West American.
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MA: Developer sued over failed condo deal

News items of national interest regarding Condominium and Homeowner associations, compiled by the Community Associations Network

A Hingham developer who recently sued the town and officials for $10 million is embroiled in a lawsuit with a woman who alleges that, because of her race, the developer prohibited her from buying a condominium.
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FL: Portofino residents get $10M refund

News items of national interest regarding Condominium and Homeowner associations, compiled by the Community Associations Network

Owners of 765 condominium units at Portofino Towers on Pensacola Beach will be refunded more than $10 million in overpaid property taxes because their properties were overassessed for taxes for the past six years
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