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Does manager need to notify association of change in insurance?


Question:

Before changing insurance plans for the association, does the management company need to notify the board regarding options and provide them with info on the various plans so they can make an informed decision regarding whether they should stay with their current provider or change companies? Our management company did not renew our plan and went with another company without notifying the board. We saw the charge on the financials and asked what had happened. We were advised by our former company that the management company had not renewed the plan. I would think that the board should have been informed. When we questioned them they claimed they had discussed it with us when they never had.


Answers (13)

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