The HOA Insurer for Director's Insurance Dropped Us

 The director's insurance was dropped because insurance companies employ lawyers who review lawsuits and have found  merit in the ones  filed that caused them to raise premiums. Or at least they determined that the board is not capable of handling problems effectively. Either way, the premium increase reflects poorly on board operations. The board takes a self-righteous stance about its wrongdoing and blames the whistleblowers. The mob goes along with the board because as individuals they' can't think for themselves. 

 

    You'd think that these insurers would do a little bit of due diligence (using actual smart lawyers, not HOA hacks) to identify risks and determine whether the HOA is blatantly violating the law -- e.g., reserving what are HOA common areas for specific residents.  If I ran one of these insurers, i'd be scared to death knowing that I was underwriting 5 board directors, counseled by some inept hoa lawyer.  Not sure how they sleep at night.