By Anita Byer, Setnor Byer Insurance & Risk Risk allocation involves identifying who is responsible for what and for how much. Business and commercial contracts, for example, typically require one party to assume the liability of another party. These risk transfers are increasingly being used in...
By Anita Byer, Setnor Byer Insurance & Risk Numerous changes were recently made to Florida’s mandatory milestone inspection requirement for condominium associations. This statewide requirement was enacted last year to ensure aging condominium buildings that are three stories or more in height remain safe for continued...
By Anita Byer, Setnor Byer Insurance & Risk Florida condominium associations are now required to complete a structural integrity reserve study for buildings that are three or more stories high. This new requirement was enacted during a special legislative session in response to last year’s Champlain...
By Anita Byer, Setnor Byer Insurance & Risk Florida enacted a new “milestone inspection” requirement for condominium associations to ensure aging buildings remain safe for continued use. The hope is that a statewide mandatory structural inspection requirement will prevent a repeat of last year’s tragic collapse...
By Anita Byer, Setnor Byer Insurance & Risk Did you know that a new reporting requirement for Florida condominium associations recently became law? It was enacted during a special legislative session in response to last year’s Champlain Towers collapse in Surfside, Florida. As a result, condominiums...
By Anita Byer, Setnor Byer Insurance & Risk October may officially be Cybersecurity Awareness Month, but that doesn’t mean businesses can afford to take the rest of the year off. Gone are the days when cybersecurity was seen as an ancillary function. Today, businesses should be...
By Anita Byer, Setnor Byer Insurance & Risk The Florida Legislature has a history of volunteering (i.e., forcing) condominium associations to join the Green Movement. A couple of years ago, lawmakers were focused on electric vehicles. This year it was natural gas vehicles. As a result,...
By Anita Byer, Setnor Byer Insurance & Risk Did you know that multiple changes to Florida’s Condominium Act went into effect July 1, 2021? As a result, board members have an obligation to find out if and how these new and amended laws may affect their...