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Inside this issue Community Associations


DEPARTMENTS: President’s Message


Sponsor Spotlight 2019 WSCAI Sponsors


WSCAI New Business Partners Profiles


New Members 2019 Board of Directors


Advertising Partner Directory Ad Index Classifieds


Recruiter Campaign Join or Renew Today! Calendar of Events


6 6 7


8-9 9


20-21 30 30 30 31 31


Back Cover


10. 25.


TABLE OF CONTENTS:


15. 22. 2


Hitting a Moving Target: How to Stay on Budget this Fiscal Year Bankruptcy Case Law Update Annual Meeting and Awards Gala CPA Audits – BACK to the FUTURE Condos, Equity and Financial Goals


Practical Tips for Delinquent Account Reconciliation Best 4 Financial Reports for Condos and HOAs


28.


10-12 13-14 15-19 22-24 25


26-27 28-29


BETTER COVERAGE. BETTER OPTIONS. A


Amer ca’ nsura


GET TO KNOW CAU


Community Association Underwriters of America (CAU) is a managing general agency and national leader in community association insurance and risk management. Founded in 1989, CAU services community associations, residential and office condominiums, cooperative apartments, and homeowners associations. CAU is based in Newtown, PA and offers property, casualty, fidelity, D&O, general liability, and ancillary products to a nationwide client base.


America’s community association in


e ica s co


insurance partner is upping its game Com


ance part


ommunit tner is


Commun t Associat (CAU) ha Amer


Ameriica s communit Our solu io


spe


pecia sts to ad re commun y a owerfull ne


mun ty associat


higher llevell of strengt Amer


ty assoc atio s upping it


ci ts game


ommuniity Associa io Underwrite s of Amef Ameriica U) has joined fined fordforces with Mth Munich Reins ra ce Ameri a nc (M ich Re U higher e e of st


rica, Inc. (Munich Re, US) to del veran e gth and soph


Our solutions are cu to sp


ew options..


a’s community associatioions. re custom-b


p cialliists to address the un que r skriiss co mu power u


he


unity associa io s and nowf ew options


ations,,, and


-bui t by e uniq and


ded cover ge defi ■


bu ldiuiild ngs,str ctu e IInc


bu ldi g , s In


demolition deb s e


ncre sed co erag expos


exposu es, i demol


ebriis remova


dings, struct res,, a d pand pe sona prope ncreased c verage imits


rage defini io s f ctures,and per on


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demolition c sncosts, iin de


debris removal,oval, andpro all, and proper y reremova


ncreased cost of c d


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buillt by indu tr


y industry ks fac


ation Unde writers ofAmer c hMunich Reinsurance to deliiver an e phisticationton to


neven ks faciing and now feaw f ature some w feature some


High-value polic enhancemen xpanded covera


finitionsfor var s for variouariious


d coverage llimiits a ross mlti e sure ,inc ud ng ag naturaloutoutd olition costs, inc


ncreased ced cost of co st operty removal


High-value olicy enhancements ■ Expanded o


personall pr perty s across mu tmullltiplle


roperty


es, including naturall outdoor pr perty ncre sed


r propert


tdoor p operty of constr ct on al


ty, struct o tructiion,


CA License No. 0558510 © 2018 Alliant Specialty Insurance Services, Inc. All rights reserved. [2017-3804]


CONTACT Amy Clements, ARM, CIRMS Marketing Manager D 425 749 5440 AClements@cauinsure.com


High-value policy enhancements Ex


on


■ Simplified va u tions ■ Additional computer v


nthe fied valluations for s r st streaml ned serv c


Addit onal computer vir s coverage ■ Optio a deduct ble


n the event of ce tai


Two ne Liabili


cu expos


Two new liabilit prod c ■ Lia


ew li abilit custo -de ity P us: A br ad ba ed ustom-designed


protect com osu essure


tect comm es.


mmunit oc


l abil ty pr duc s Plus: A broad-based


rvirus coverageag


ionall deductiible cred t endor ement deduct ble allowance endor ement fo co savings in t e eve


ent of certa n los es i ity products


ainlosses e crediit endorsement and


deductiible allowance endorsement for cost sa ing


d lliiabilit polic


■ Coa tal AalAdvantage:: A packagepollicy built t


Coastaloastal Adv nt ge A pa kage poli to p


Coverage Po icies wil


prima


Coverage you c n ount Pol colicies wi l be issued us gusiing A+ A


pr maryi su an ch Re,US.US.


pr mary ins ra ce co MuniicMu ich


age you an count on u can count on


riiimary insurance compa epanies affil ated wi ch Re,, U


will beise i issued us ng A+ AM. Best ra ed ance companies af


A..M..Bes -r te aniies affilliiatedw t


Best-rated ted withwith


d forcommunity as oc at on age olicy bu lt


bility policy designed for communit aty associations commun ty assoc ticiaiations with oast tions with coastaasta tal mlined serviciing


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