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How to Read Loss Runs and Use the Data to Strategically Plan

Loss runs are more than a record of past insurance claims. They tell a story. When reviewed thoughtfully, they reveal patterns in maintenance, operations, and risk exposure. Boards that understand how to interpret this data can move from reacting to claims to strategically planning for the future. Start by looking at the loss amounts. Are…

Umbrella Coverage

Understanding Umbrella Coverage

Community associations, whether they are condominiums, townhouses, or planned unit developments, are susceptible to numerous risks from lawsuits related to injuries or other accidents on their property. Umbrella or excess liability coverage provides a cost-effective solution for associations to obtain additional liability coverage that surpasses the primary policy limits, serving as a vital safety net…