HAI Group Blog

Insurance, Risk Management, and Professional Development Tips for the Affordable Housing Industry.

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Risk Management

Navigating Commercial Insurance: A Guide for Public and Affordable Housing Agencies

Navigating the complex commercial insurance landscape can sometimes feel like deciphering hieroglyphics in a funhouse maze—confusing, daunting, and occasionally filled with unexpected twists and turns. However, for public and affordable housing providers, mastering the basics of insurance is akin to wielding a powerful shield against the whims of fate, ensuring the protection of vital assets and the continuity of essential services.

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Wrap-Up Insurance Unveiled: Understanding OCIPs and CCIPs for Housing Development Projects

Housing organizations embarking on significant construction endeavors may encounter unfamiliar insurance products designed to mitigate construction-related risks. One such product is wrap-up insurance, a specialized form of construction liability coverage offered in two primary variations—owner-controlled insurance programs (OCIPs) and contractor-controlled insurance programs (CCIPs).

In this article, we offer an insightful overview of wrap-up insurance and delineate the crucial distinctions between OCIPs and CCIPs.

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Enhancing Communication with Residents: Best Practices for Housing Organizations

Effective communication is the foundation for establishing strong relationships between housing organizations and their residents. By implementing robust communication strategies, both parties can collaborate to foster an environment built on understanding, inclusivity, and transparency.

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IT employee at desk reading code

Elevate Your Public Housing Agency's Cybersecurity Defenses (at No Cost) With MS-ISAC

Enhancing your public housing organization's cybersecurity posture remains paramount as we move into 2024, particularly in light of the ever-increasing stakes involved.

In the wake of a significant surge in ransomware attacks across the United States in 2021, 2022 appeared to offer a respite with a notable decrease in reported incidents. However, any hopes of a sustained lull were dashed in 2023 as ransomware activity skyrocketed, reaching unprecedented levels.

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The Resurgence of Ransomware and What it Means for Housing Organizations

In the wake of a significant surge in ransomware attacks across the United States in 2021, 2022 appeared to offer a respite with a notable decrease in reported incidents. However, any hopes of a sustained lull were dashed in 2023 as ransomware activity skyrocketed, reaching unprecedented levels.

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Recent VAWA Settlements Put Affordable Housing Providers on Notice: Comply or Face Consequences

Recent settlements in Nevada and California highlight the U.S. Department of Housing and Urban Development's (HUD) strengthened enforcement authority under the latest iteration of the Violence Against Women Act (VAWA). According to HUD, the two settlements put housing providers "on notice" to understand and comply with the law or face serious consequences.

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From Insights to Action: How HAI Group's Risk Control Collaboratives Empower Housing Professionals

Kechelle Jones entered HAI Group’s Mid-Atlantic Risk Control Collaborative in early August 2023 with uncertainty about what awaited her. Upon leaving the event, equipped with newly acquired policies, procedures, and best practices, she promptly initiated transformative changes within her housing organization.

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Nuclear Verdicts and the Nation's Most Formidable Litigation Environments

Nuclear verdicts—generally considered legal verdicts exceeding $10 million—significantly contribute to social inflation, a term used in the insurance industry to describe the rising costs of insurance claims due to changing social attitudes, perceptions, and legal trends.

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