‘How could this be possible?’ Fort McMurray condo board struggles to find insurance

Is your Condominium coming up for an insurance renewal?

Are you making insurance claims for repairs that would best be done as a regular expense?

These  are all insurance questions you should be asking.  This is becoming more common in Condominium insurance.

See this story from CBC Edmonton. click here

In wake of 2016 wildfire, Winchester Greens building denied renewal by its insurer .


Please spread the word!

Related Articles


Condominium corporations benefit greatly when board members have financial knowledge and follow common-sense financial management processes. Does your condo board include at least one person with financial experience, who can analyze and clearly communicate the condominium corporation’s current and forecast financial position to other board members and all owners?

Please spread the word!

Is Your Condo Counting Special Resolutions Properly? Bill 19: Changes to Voting Procedures

The predominant concern appears to be that the proposed legislative amendments will create confusion, not clarity, and that passing special resolutions will be made much more difficult and costly in terms of imposing additional administrative requirements. Many of these inquiries have also assumed that calculating the result of a special resolution vote is based on the total number of units in a condominium. As I will explain, this is incorrect.

Please spread the word!
Verified by MonsterInsights