Insurance companies now have more incentives to provide condominium coverage after Gov. Josh Green signed a bill on Monday that he hopes will lower rates for condos across the islands — especially ...

A new law will put two existing insurance funds in place for apartment associations that can’t get or afford coverage for hurricanes and other risks.

Mar. 5—Hawaii's building regulations drive the cost of condominium development up 58 %, the highest in the nation, according to a report released Monday by the University of Hawaii Economic ...

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 ...

Gov. Josh Green on Monday signed into law Senate Bill 1044, a measure intended “to stabilize our insurance market” for condominium owners and their associations amid escalating premiums and dwindling ...

Insurance rates for some condo projects in Hawaii have soared by as much as 1, 000 %, according to the governor, due to global insurance industry dynamics tied to more catastrophic events around ...

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 ...

For years, Hawaii’s condo insurance rates were stable. Then, over the last 20 months, everything changed.

Hawaii has the highest land and construction costs of any state, the report found, but even after those factors are accounted for, "the price of a new condominium in Hawaii is still unusually high." ...

Insurance rates for some condo projects in Hawaii have soared by as much as 1, 000 %, according to the governor, due to global insurance industry dynamics tied to more catastrophic events around ...