Relief for many Hawaii condominium owners paying sky-high insurance premiums may be available soon under a state program. Administrators of the state’s dormant Hawaii Hurricane Relief Fund are ...
Gov. Josh Green used emergency power Wednesday to help a pair of state government insurance carriers sell policies to Hawaii condominium projects in an effort to relieve many condo owners from ...
Mar. 24—Question : Is the state aware of the soaring insurance premiums condominiums in Hawaii are facing ? Question : Is the state aware of the soaring insurance premiums condominiums in Hawaii are ...
HONOLULU (HawaiiNewsNow) - A ripple effect across the country is showing up in the condo fees for nearly 200,000 Hawaii residents, and experts say catastrophes are driving up their insurance rates.
Acting State Insurance Commissioner Jerry Bump joins producer/host Coralie Chun Matayoshi to discuss why property insurance rates are so high, actions taken by the state to respond to the insurance ...
Hawaii State Insurance Commissioner and attorney Gordon Ito joins producer/host Coralie Chun Matayoshi to discuss what is causing home and condo property and hurricane insurance premiums and ...
More affordable solutions to exorbitant homeowner insurance policy costs in Hawaii don’t appear near under an emergency state effort initiated in 2024. Members of two legislative committees Monday ...
Honolulu’s condominium market is starting to show the effects of skyrocketing insurance rates for homeowners associations: The number of condo sales in June was down nearly 25% from June 2023, even ...
Condominium associations and owners can’t afford skyrocketing insurance bills, banks won’t lend on underinsured properties, and is there no clear way forward ...
A skyline of condominiums and single family homes in the foreground are seen on Monday, May 8, 2023, in Honolulu. The hurricane fund, which operated from 1993 to 2000 in response to insurance market ...
Select an option below to continue reading this premium story. Already a Honolulu Star-Advertiser subscriber? Log in now to continue reading. The task force is led by state Insurance Commissioner ...