Maryland Legislative Update on Condominium Insurance

The 2023 Legislative Session in Annapolis has ended and the Community Association Institute MD-Legislative Action Committee (CAI MD-LAC) screened more than 3,000 bills introduced and tracked 87 that were of interest to the Community Association community. Effective Oct. 1, 2023, Maryland HB98/SB403 allows detached condominium units to obtain property insurance coverage as HOAs, with unit owners…

Cyber Risks & Liabilities: What You Need to Know

What Does Cyber Insurance Cover? Across industry lines, organizations have become increasingly reliant on workplace technology to conduct key business operations. Whether it be for communication purposes, e-commerce, or data collection and storage, continued technological advancements have helped streamline a variety of organizational processes. Nevertheless, utilizing such technology and digital practices within your workplace carries…

Directors & Officers Insurance Trends for Community Associations

In this highly unpredictable year, many unusual factors are affecting insurance. As your partner, we want to keep you informed of industry trends we’re seeing, especially when they’re relevant to Community Associations and Boards of Directors planning your budgets for 2021. Kevin Davis Insurance offers three reasons why D&O premiums are increasing this year. COVID–19…

Teen Distracted Driving

For most adults, driving is second nature. Like breathing, we don’t really think about it. But to teens, the whole driving experience is new. This makes them more prone to distracted driving. Having the right coverage is important for helping protect against the unexpected – but Nationwide reminds us that paying attention on the road…