Exterior of attractive two-story home in residential neighborhood.

Enforcement of Community Association Laws: Federal, State, Local and Community 

In Community Associations, there is a Best Practice to not enact any rule you cannot enforce. When contemplating rules for community harmony, Boards and management also must contemplate who will enforce the regulation and what penalty will come to the rule breaker.    In October 2023, Maryland Community Associations were required to complete reserve studies and…

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Golden Retriever sitting on the beach at sunrise.

Condominiums & Coastal Property Insurance Market Outlook

What We’re Seeing Locally We’re still in a hard market, but we’re seeing reasons to be optimistic as we progress through 2024. While we’re still seeing premium increases, they seem to be smaller percentages than last year. So far in 2024, we are seeing 15-30% increases versus last year’s 30-150% increases. Increases for habitational buildings…

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Exterior of large two-story brick home with two-car garage. Large blue recycling bins at the roadside and deep blue skies all around.

Tips for Home Insurance Buyers in 2024

While most significant factors, such as weather conditions, climate change and economic inflation, are out of the control of homeowners, policyholders must still consider steps they can take to mitigate rising premiums and find any potential savings that may be available. Retaining adequate insurance protection is vital for financial security, even during difficult times. Consider…

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Construction worker in hard hat carrying equipment over his shoulder.

Construction Industry Trends to Watch in 2024

The construction industry has encountered volatility and uncertainty in recent years, brought on in part by fluctuating consumer behaviors, material procurement difficulties, project delays, high interest rates and inflation. Such trends have been vital to monitor, as doing so has helped industry employers create strategies to adjust and remain successful despite these uncertain circumstances. This…

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