“Insurance companies never want to pay ” — secretary of my HOA

I wonder how much insurance my hoa has to protect our association members on common grounds, the pool, walking trails,and the clubhouse which our association is diligently attempting to replace .  –  hank springer posted 248pm 8 28 17 

The following does not pertain to Hank’s HOa:

….Court documents reveal there are four insurance policies in force between the two defendants named in the Young Florida premises liability lawsuit. Silver Shores Master Association holds a $1 million primary policy from Scottsdale Insurance Co. and a $5 million excess policy from Greenwich Insurance Co., while KW Property Management holds a $2 million primary policy from FCCI Insurance Co. and a $10 million excess policy from National Trust Insurance Co. Scottsdale has agreed to pay out the entirety of its policy limit to settle the underlying snakebite suit, but the plaintiff rejected the offer…..

read more at https://www.lawyersandsettlements.com/articles/florida-premises-liability/florida-premises-liability-dog-bite-lawyer-5-22532.html

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