Like Banksiaman, I’m in a different jurisdiction, so anything I say is very general in nature. The details of liability will depend largely on Florida state law, which I don’t know anything about. Don’t know if there is any federal law issue that may come up.
That said, the general rule is that a person can be sued in different “capacities”. If you’re on a board of directors of a company, and something the company has done has triggered litigation, you can be sued in your capacity as a director, along with the company. The reason for this is that the board of directors is the “operating mind” of the company, and can be called to account for the decisions of the company. Directors carry directors’ liability insurance for that reason, in addition to the insurance carried by the company, to cover personal liability for decisions they made as the operating mind.
There is also “personal capacity” - a person can be sued in their personal capacity, if something they have done was to benefit themselves personally, to the detriment of others. For example, purely hypothetical, suppose a director suppressed an adverse engineering report about the state of the building, because that director was in the process of selling their condo and wanted the best price possible. If an adverse report was made public, it could depress prices or even scare away buyers entirely. If a director suppressed the report for that reason, to protect their own investment, that could trigger personal liability, separate from liability as a board member. That wouldn’t be covered by directors insurance. (And again, this is purely hypothetical, to illustrate the discussion of how the law works. I’ve not seen any suggestion that any of the directors of the Florida condo did anything like that.)
The reason for the legal recognition of different capacities is to recognise that if a person was personally responsible for everything done by the condo board they sat on, that would scare away anyone from being a director. Some limits on personal liability are necessary to make companies and associations workable, so instead a director can be liable for actions taken as a director, which is a collective decision-making process and which can be covered by insurance, but not neccessarily in their personal capacity.