14. Community Associations
DEPARTMENTS: Save The Dates
President’s Message 2020 WSCAI Sponsors
WSCAI New Business Partners Profiles
New Members Chapter News Happenings
Lessons We’re Learning
Advertising Partner Directory Ad Index Classifieds
National CAI Calendar of Events 22.
5 6 7
8 9
9-10 10
12-13 30 30 30 31
Back Cover
Inside this issue 20.
28. 16.
TABLE OF CONTENTS: Collections In The Time Of COVID-19
Capital Improvements Are Neither Improvements, Nor Capital The 5 “W’s” Of Reserve Disclosures Safe Investing Policies
Changes to Association Revenue Recognition Fraud & Embezzlement Prevention
Financing A Condominium – What Do Underwriters Look For? 26. 18.
14-15 16-17 18-19 20-21 22-24 26-27 28-29
BETTER COVERAGE. BETTER OPTIONS. Am ier
America sca’ in
insuranc nsuran 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.
e ica’s communi ance pa tner
ommuni
Communommunity Assoc aAssociiat (CAU)
ined
Ameri a, Inc. higher eve America’
Ou sol sp
special
specialist c
commun mu t
America, Inc M hig
gher level of st a s communit ts to addr munity associa power ul ne unity a sociat nity association eliver a sso iatiociation
artner is upping its game derwriters of Ameri ac
e is upping its game ation Underwrite
Our so uolutions are custom-b sp
ress th owerful new options.
High-value p l xpanded coverag
building ■
buildbuildi gs structur IncIIn
exposu es in d
sure olition cost
ncreased coverag ex os demo debr
options.
High-value o icolicy enhan ement ■ Expanded
High-value polic enhancemen Ex
d ngs structu etures, and personal ncre sed coveragerage limit a
es, iincl din deb s emovaovall, an ncludi g atu
demoli o costs increas db
tural olition costs, increase ncreased c
ded coverag defin tions fo vari di g ,s, structures, an
ge llimiiits acro m ding natr
age defi titi ns for various p
personasonal prop across multmulltiplemlltiplele
debriis remova ,al,l and propproperty remo al operty removal
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
na proper
nhancements s
ope type ty p rty
tural outdo rdoor p opertyperty, cost of cons ru tion,
tdoor prope ty cost o c n truct on,
ommuniity assoc a ons. om-b
he u ations and ns ans,, and no
and soph sticat ciations
an phisticatio Amer ca eri
U) has joined forces with Munich Reinsurance nc. (Munich Rech R ,Re, US) to de strength a d sophi
deliver an eveneven ation to
built by indy industr uniique ri k
que risks fa
ndustry faci
facing ow feateature so re some ome
■ Simplified valuations for s ■ Additional compute ■ Optional deduct ble
deductible allo anc sa ngaviing
n the evee en
Tw new liab i Liabilit
cust us om-designedstom-de
■ Coa ta t
Cove es. de ig ed omputer virus overag
wo new liability producd cts ■ Liabilab ity P us:
event of certain lo ability product
ertaini ntage:age: A packag mmu it
Plus: A br ad boad-based liab d signed for c mmuni
Coastaloasta Adal Advanta to p ot ct com expos
Coverage you pr marprima
riimary iinsurnsu anc Munich Rech Re, US
Mu ich c R , US.
protect commun osu essure
streamlined serv cin us coverage
nal deductiible credi endorsemen and deductible allowance endorsemendorsement for costost gs in
redit endorsement and co
osses broad-based abi
community a socassoc aocia ons cka e polic
age policolicy built cy b illt mm niity a sociatciaiations with coasta associt ns wi h co
C verage you can ount Policiciies w l be ssue
Pollicies wils will be iissued u pr
urance compaomp niie n count on
usiing + A.M. Best panies affil at
g A+ A M. Best-rat-rated ffilliiated w thwiith
Best-rated all
abilitbiliity po icypollicy ciations
servicing
Previous Page