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Insurance premium financing loans allow condo and co-op boards to finance the lump sum cost of insurance premiums, with interest rates in the low double digits and no risk of default for the lender. (Print: Easing the Pain of High Premiums)

The Hillcrest Park Condominium in Peekskill, NY was destroyed by a fire, forcing 25 residents to relocate and causing the association's insurance costs to increase significantly. (Print: When Disaster Strikes: A step-by-step action plan needs to be in place)

Beth Markowitz, President of Merlot Management, managed a fire in a nine-unit property, which resulted in extensive damage and a cash call to residents, but she was able to secure an advance from the insurance company and strategically modernize the elevator for long-term improvement. (Print: Fire: When Emergency Turns into Opportunity)

Boards must overcome inertia by creating a roadmap for future projects, including maintenance and compliance with local laws, in order to avoid costly disasters and ensure a clear path forward. (Print: Overcoming Board Inertia)

Property management has embraced digital tools to offer efficiencies, provide real-time information, and ensure security, but it is important for boards to understand the costs and responsibilities associated with technology. (Print: Digital Details: What Board Directors Need to Know)

A co-op on the Upper East Side avoided a lawsuit by holding an annual meeting and staggering board terms, allowing shareholders to participate remotely and avoid the threat of legal action. (Print: Legitimacy Crisis)

A co-op in the Bronx experienced conflict between management and a shareholder over the installation of video cameras to deter package theft, but the situation was resolved through proactive communication and a personal touch. (Print: Dialing Down Emotions)

The board of Clinton Mews, a 77-unit co-op in Brooklyn's Clinton Hill, opted to put the $2.3 million set aside for a major window replacement project into an insured money market deposit account to earn interest, access funds quickly and easily, and have FDIC insurance. (Print: Putting Your Money to Work)

Virtual or hybrid meetings have become the norm for co-ops and condos, offering increased flexibility and convenience, making it easier to reach a quorum, and attracting a younger, more tech-savvy demographic to the board. (Print: The Upside of Remote Meetings)

A co-op in the Bronx was able to renew its insurance coverage with its original carrier after having multiple claims on its loss record, thanks to the help of FirstService Insurance Brokers. (Print: Hard Market, Hard Choices)