Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 22 JULY 2019

Don't Jump Without A Parachute! Understanding Community Association Insurance Needs

Ward and Smith, P.A
Explore more from Ward and Smith, P.A

More often than not, such lessons were very expensive, and the purpose of this article is to educate Community Association Board members regarding the types of insurance their Community Associations

United StatesInsurance
Adam Beaudoin
Adam Beaudoin

In the aftermath of Hurricane Florence, many Community Associations located in the Eastern part of the state had a rude awakening when they discovered they didn't have the right amount and/or proper type of insurance coverage. 

More often than not, such lessons were very expensive, and the purpose of this article is to educate Community Association Board members regarding the types of insurance their Community Associations should consider carrying, and which gaps in insurance coverage they should be wary of when evaluating and selecting the right insurance coverages for their Community Associations.

Types of Insurance Coverages Community Associations Should Consider

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

AI Regulation In Insurance: A Crossroads

As artificial intelligence development accelerates and safety concerns mount, state insurance regulators are advancing comprehensive examination frameworks to govern AI use in the insurance industry. The National Association of Insurance Commissioners nears completion of its AI Risk Evaluation Supplement, which will establish standardized oversight procedures for insurers' AI governance practices across market conduct and financial examinations.
United StatesInsurance
McDermott Will & Schulte
McDermott Will & Schulte
Article

Privacy, Cyber & Data Strategy Advisory | NAIC Summer Meeting Sharpens Focus On AI, Data, And Technology Governance

The National Association of Insurance Commissioners intensified its regulatory focus on artificial intelligence governance, third-party data models, and cybersecurity oversight at its Summer 2026 meeting. Regulators are shifting from principles-based guidance to examination-ready supervisory tools, emphasizing that insurers remain accountable for the technologies and vendors they deploy. The meeting revealed how AI risk evaluation, vendor oversight frameworks, and privacy modernization efforts are convergin
United StatesInsurance
Alston & Bird LLP
Alston & Bird LLP
Article

Agents Of Change: Amendments To Washington State Insurance Regulations Take Effect October 18

Washington's Insurance Commissioner has announced significant amendments to insurance claims handling regulations that will reshape how insurers investigate and process claims in the state. The changes, effective October 2026, introduce new requirements for mitigation approvals, investigation standards, and claimant communications that could substantially impact insurer operations and liability exposure. These regulatory updates come in response to a surge in consumer complaints and litigation, establishing
United StatesInsurance
Ballard Spahr LLP
Ballard Spahr LLP
Article

Don’t Try To Deny It: Federal Court Holds FCA Settlement Is Covered By Insurance

A federal court ruled that CNA must provide coverage for Guidehouse's $7.6 million False Claims Act settlement related to cybersecurity failures in New York's Emergency Rental Assistance Program portal. The decision addresses critical questions about when insurers can deny coverage for FCA settlements under professional liability policies, particularly regarding exclusions for fines, penalties, and deliberate acts.
United StatesInsurance
Crowell & Moring LLP
Crowell & Moring LLP
Article

Massachusetts Appeals Court Affirms Chapter 93A Liability For Delayed Disability Insurance Benefits

The Massachusetts Appeals Court examined whether an insurer's two-year delay in paying disability benefits constituted a violation of state consumer protection and insurance laws. Despite medical evidence describing the plaintiff's feet as paralyzed and functionally useless, the insurer repeatedly denied claims under a policy provision for total loss of use of both feet, arguing the plaintiff could still walk with assistive devices.
United StatesInsurance
Greenberg Traurig
Greenberg Traurig
Article

Is Your PFAS Coverage At Risk? An Ohio Federal Court Ruling Opens The Door To Broader Insurer Denials

A federal court in Ohio has ruled that an occupational disease exclusion in a commercial general liability policy bars coverage for PFAS-related personal injury claims brought by firefighters against a manufacturer of firefighting equipment. This landmark decision could significantly impact how insurers respond to PFAS product liability claims and may extend beyond occupational disease exclusions to other policy provisions using similarly broad language.
United StatesInsurance
Benesch, Friedlander, Coplan & Aronoff LLP
Benesch, Friedlander, Coplan & Aronoff LLP
Podcast

The CLO Chronicles — NAIC’s New Life RBC Factors Cross The Finish Line (Podcast)

The NAIC has spent four years overhauling capital requirements for life insurance companies' investments in collateralized loan obligations, introducing dramatic changes that will reshape how insurers allocate capital across their investment portfolios. These new rules, which account for credit spectrum positioning and tranche thickness for the first time, will force insurers to model significant impacts before year-end 2026 implementation.
United StatesInsurance
Mayer Brown
Mayer Brown
Article

After Learning Resources: Liquidation, Protests, And IEEPA Tariff Refunds

U.S. Customs and Border Protection has announced October 6, 2026, as the launch date for Phase 3 of its IEEPA tariff refund system, allowing plaintiffs with Court of International Trade reliquidation orders to submit older entries for processing. This development follows the Supreme Court's decision in Learning Resources, Inc. v. Trump, which invalidated the IEEPA tariffs, but the refund process depends on complex customs liquidation rules...
United StatesInternational Law
Ward and Smith, P.A
Ward and Smith, P.A
Article

Trump Administration’s New Section 301 Tariffs Reach Nearly All U.S. Imports

On July 23, 2026, the Office of the United States Trade Representative imposed new Section 301 tariffs on imports from 60 trading partners, affecting approximately 99.4% of U.S. imports. The tariffs, ranging from 10% to 12.5% depending on the country, aim to pressure foreign governments to strengthen controls on forced-labor imports, with different calculation methods for the European Union, Taiwan, Japan, South Korea, and Switzerland. The action creates significant implications for U.S. supply chains, with
United StatesInternational Law
Ward and Smith, P.A
Ward and Smith, P.A
Article

Water Rates Are Becoming The Next Utility Affordability Flashpoint

Water utility bills are rising faster than electricity rates across America, driven by aging infrastructure, stricter regulations, and system consolidations. This analysis examines why investor-owned water utilities in North Carolina are experiencing accelerating rate increases and explores the legal, economic, and affordability challenges facing regulators and low-income households.
United StatesEnergy and Natural Resources
Ward and Smith, P.A
Ward and Smith, P.A