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IHG Insurance's Most Common D&O Claims
The Board's failure to adhere to by-laws
The Board's failure to properly notice elections
The Board's failure to properly count votes/proxies
Challenges by members regarding power granted the Board by by-laws
Improper removal of Board Members
Decisions by the Board resulting in physical damage to the association property
Challenges to assessments
Approval of variances, generally by an architecture committee
Breach of fiduciary duty
Challenges to decisions of the Architectural Review Board
Questions or challenges regarding easements
The Board's failure to maintain common areas
The Board's failure to properly disburse funds (i.e. insurance proceeds)
Defamation by the Board of a member