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Preparing for Storm Season: Best Practices Pre- and Post-Storm

With hurricane season quickly approaching, and as the old saying goes, “chance favors the prepared.” Hurricane season starts on June 1st and extends through November 30th. Here are some tips to help prepare your 2023 hurricane preparedness guide, as well as provide actions that you can take before a hurricane makes landfall. The time is now to prepare your community for every possibility! First things first: Make sure that you and your board members know when to sound the alarm. Brush up on your “hurricane terms”: Hurricane Watch – This is a first notice and means that the eye of a hurricane may threaten within thirty-six (36) hours. Preparations should begin for coping with storm impacts and possible evacuation, if necessary. Hurricane Warning – This warning indicates that the dangerous effects of a hurricane are expected in a specified area within 24 hours or less. Storm Surge – This is

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Dos and Don’ts of Election Challenges

By Jeffrey A. Rembaum, Esq. / Published March 2024 Pursuant to their relevant statutory provisions, election disputes that take place in condominium, homeowners’, and cooperative associations are subject to mandatory nonbinding arbitration before the Division of Florida Condominiums, Timeshares, and Mobile Homes (the “Division,” for short). It is referred to as “nonbinding” because the arbitrator’s order is not final until 30 days after its issuance, which provides time for either party in the dispute to challenge the decision to their local circuit court, which hears the case de novo (anew). As you will read, not every election dispute will be heard by the Division. As a threshold matter of importance, the Division will not hear election disputes within 60 days prior to an election or 60 days after the election has taken place. In order to bring an election challenge, Florida Statutes require prior written notice to the other party

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Value and Procurement: Leveraging Technology and Utilizing a Strategic Lens to Manage Costs and Quality

The daily and long-term procurement process can be complex for an association and its leadership. Requirements to purchase goods and services from dozens of categories with each their own set of vendors can be challenging to say the least — a single property can have over 200 unique vendors they purchase and contract with on an annual basis. Taking a strategic perspective along with consolidating a vendor network creates an opportunity to manage costs effectively and foster stronger vendor relationships for an enhanced quality of service. KWPMC recognizes the importance of providing additional value for our clients. The Value and Procurement team’s efforts will focus on leveraging technology and scale to allow for benchmarking within the vendor landscape and to develop a key partner ecosystem for KWPMC clients. Industry Benchmarks Understanding “should-be” or “competitive” market rates is essential when beginning the sourcing process. Leveraging KWPMC’s scope and reach provides a

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Many “A” Grades as More Insurance Carriers Enter the Florida Market

Yet many signs of caution, further action needed Demotech issues a strong report card for its Florida property insurance companies, another carrier enters the marketplace, the reality check that we’re not out of the woods yet, plus the NAIC calls for states to collect more granular data to find property insurance affordability and availability gaps. It’s all in this week’s Property Insurance News. A Financially-Stable Market: Demotech, the financial ratings and analytics firm that reviews the financial stability of many of Florida’s domestic property insurance companies is out with almost all of its mid-year reviews. Its July 28 website update as of July 28 lists Financial Stability Ratings of “A” or higher with just a few firms reportedly awaiting review. Market Expansion: The Florida Office of Insurance Regulation (OIR) made news this past week by announcing that it had authorized a second property insurance company this year to begin writing

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