COA Decision-making where D&O Directors and Officers Insurance Protects
COA
Trying to do the best you can for your condominium association? Figure out a way to reduce flooding? Taking action?
Oops! You can be sued by your COA unit owners for doing something that they benefit from. Watch this news story about a well meaning attempt to clear drain pipes that may lead to unit owners filing a lawsuit against fellow board members who thought they were doing the right thing.
If you are a director or on a committee, please review with me your COA Directors and Officers Liability Insurance policy.