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An ongoing insurance crisis has hurt condo sales on O‘ahu: Prices are down and properties are lingering on the market more than three times longer than in 2022. The biggest factor is the rising price ...
Property insurance costs in Florida continued to rise between the first and second quarters of the year, and condo associations have been hit hardest during that time. The average cost of a commercial ...
Hawaii condo owners are seeing dramatic reductions in insurance premiums as state-run insurance products create new ...
Inflation showed signs of easing in 2024 after reaching record levels just two years ago. The rate of price increases finally slowing, which is why after 11 consecutive rate hikes, the Federal Reserve ...
In the years between the collapse of the Champlain Towers South condo building in Surfside and hurricanes Helene and Milton, the average annual insurance premium for condominium owners jumped by over ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min A dramatic decline in condo ...
Condominium associations and owners can’t afford skyrocketing insurance bills, banks won’t lend on underinsured properties, and is there no clear way forward ...
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 ...
California Automobile Insurance Company won state approval for a 12% rate increase that will affect nearly 600,000 homeowners, condo owners, and renters in the Golden State. The rate hike, which will ...
Gov. Josh Green signed a bill into law on Monday that aims to help stabilize property insurance rates for condominiums in Hawaii. Gov. Josh Green signed a bill into law on Monday that aims to help ...