homeowners association liability News

Las Vegas Homeowners Association Ordered to Pay $20M for Faulty Swing Set

A jury says a Las Vegas, Nev. homeowners association must pay a man $20 million after a swing set collapsed on him as a teen and left him with brain damage. A Clark County District Court jury returned the verdict …

Oregon Homeowners Association to Settle Motor Home Incident for $300K

A homeowners association will pay $300,000 to a Keizer family as part of a settlement for banning a motor home from being parked in the family’s driveway. The Statesman Journal reported that Gary, Renee and Khrizma Kuhn agreed to dismiss …

V3 Launches Community Association Package Program

V3 Insurance Partners LLC has launched V3 CAPP+, a new package program for condominium & homeowner associations, cooperative apartments and office condominium associations. V3 CAPP+ is backed by Hiscox Insurance Co., Inc. The multi-line policy is designed to cover the …

Advanced E&S Group Adds Maintenance Interruption Coverage for HOAs

Managing underwriter Advanced E&S Group has launched a business income policy for community associations that includes maintenance interruption insurance designed to help condominium and homeowner associations reduce their exposure to loss of assessment income. As community associations prepare their budgets …

Advanced E&S Group Launches Community Association Debt Coverage

Advanced E & S Group has launched the Assessment Recovery Indemnity (ARI) program. ARI is a new insurance product underwritten by member companies of the AmTrust Group, designed to help condominium and homeowner associations reduce their exposure to delinquent unit …

Florida Homeowners Association Could Be Sued in Martin Shooting Case

If Trayvon Martin’s family sues over his death, they might not target George Zimmerman but instead the homeowners association of the neighborhood where the shooting happened and Zimmerman lived. That’s because if Zimmerman’s claim that he shot the unarmed 17-year-old …