Thursday, January 11, 2007

Insurance Premiums

In Hallandale Beach, FL, City Commissioner Joe Gibbons, a condo board President who sits on CALL's Members Council and is State Representative-elect for District 105, said: "Volunteer community association Boards and association members are in crisis over how to cover skyrocketing insurance costs, while also safeguarding community finances against abuses that can occur when so much money is flowing through so few hands.
Serious allegations of abuse over storm-related expenditures -- such as those under investigation at Hallandale Beach's Parker Plaza condominium -- send a clear signal that we must aggressively pursue a solution to this insurance crisis, even as we prosecute those who try to profit from insurance-related graft and corruption."

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