Don’t Get Shipwrecked - What to do When a Disaster Hits Your Community

It is imperative to be prepared before a disaster strikes your community, rather than trying to pick up the pieces afterwards. Boards need to equip themselves with the following tools to ensure that when a tragedy arises, they are ready to proceed with the proper actions.

Items to be discussed include the board’s fiduciary duty and their exposure, what happens when your liability and D&O insurance coverage isn’t enough to cover potential claims, how do you ensure your assessment income stream when homes are permanently damaged or destroyed, how to move forward in preventing another potential disaster and cyber security for your HOA.

Presenters: Tana Bucca, Esq. - Becker, Debbie Pasquariello, CIC, CIRMS - USI Insurance and Paul Santoriello, PCAM - Taylor Management Company, Inc., AAMC, AMO