Insights on Risk and Insurance: HAI Group in Affordable Housing News

  • May 8, 2025

HAI Group is proud to be featured in two articles in the Winter 2024 edition of Affordable Housing News, highlighting our ongoing commitment to supporting public housing agencies nationwide.

In “A Collaborative Model” (pages 40-42), employees from Lucas Metropolitan Housing (LMH) of Ohio share how they are breaking the traditional public housing mold by expanding access to housing opportunities, supportive services, and more within their community. LMH, insured by HAI Group, is recognized by our Chief Operating Officer and Executive Vice President Troy LePage as a strong partner in risk management. LePage praised LMH for proactively improving risk across their properties and fully leveraging HAI Group’s support programs, including the Loss Prevention Fund—a competitive reimbursement initiative for housing agencies implementing risk mitigation strategies such as cybersecurity enhancements.

In “The State of Affordable Housing Insurance” (pages 43-44), LePage addresses the challenges agencies face in today’s hard insurance market, defined by limited coverage options, rising costs, and reduced competition. He offers valuable insights on key drivers impacting property and liability insurance while providing practical strategies for housing organizations to stabilize finances and navigate this challenging environment.

Explore these articles—and the complete Winter 2024 edition—on the Affordable Housing News website.


This article is for general information only. HAI Group® makes no representation or warranty about the accuracy or applicability of this information for any particular use or circumstance. Your use of this information is at your own discretion and risk. HAI Group® and any author or contributor identified herein assume no responsibility for your use of this information. You should consult with your attorney or subject matter advisor before adopting any risk management strategy or policy. 

HAI Group® is a marketing name used to refer to insurers, a producer, and related service providers affiliated through a common mission, management, and governance. Property-casualty insurance and related services are written or provided by Housing Authority Property Insurance, A Mutual Company; Housing Enterprise Insurance Company, Inc.; Housing Specialty Insurance Company, Inc.; Housing Investment Group, Inc.; and Housing Insurance Services (DBA Housing Insurance Agency Services in NY and MI).

Don't Miss This

Related Content

Housing Research: Beyond Public Housing

January 1, 2023
As the affordable housing landscape evolves, understanding the impact of federal housing programs beyond traditional...

The Best of 2024: Insurance Insights Housing Professionals Couldn’t Miss

December 17, 2024
Insurance is a critical foundation for protecting multifamily housing agencies, providing coverage that shields...

Preparing for Disasters and Navigating Insurance Challenges in Affordable Housing: Key Takeaways from HAI Group’s PHADA Presentation

January 16, 2025
At the Public Housing Authority Directors Association (PHADA) Commissioners’ Conference this January, HAI Group’s...