Association Insurance Changes 2021
Conference Day 3 | April 30, 2021
Presented by: Kathy Kahl, CIRMS – Rosenthal Bros. Insurance; Nancy Ayers – Alliant Insurance
It goes without saying we all feel more than a little vexed from the past year and are trying to refocus our attention on the future.
Join us as we discuss some of what the “hail” is going on in the world of association insurance.
Extreme weather makes for extreme claims. Learn how wind and hail claims have influenced insurance company underwriting, rates, and extent of coverage.
COVID has resulted in a decrease in business and sales for some industries while an increase in claims involving workers compensation, special events cancellations, employment practices and directors and officers have gone up. Learn how social inflation is influencing liability rates as litigation and broader definitions of liability are emerging from the courts.
No association wants to increase their assessments in uncertain economic times. Join us as we discuss how deferred maintenance and underfunded reserves can impact your insurance coverage and put the association at risk of an uninsured loss.
We will discuss how the association can implement risk transfer when contracting for maintenance and services needed to keep the community safe and a desirable place to call home. Come join us at this seminar to learn more! We hope to see you at the 2021 IL Condo-HOA Conference & Expo!