Days after an AM Best report heralds the return of underwriting profit for Florida’s insurers, new data shows that cost hikes ...

In the fall of 2022, hurricanes Ian and Nicole battered the Daytona Beach Shores coastline and tore apart the Marbella Condominiums entire back deck Condo owner Tom Baker says the insurance didn ...

Florida condo associations are struggling to secure adequate insurance, impacting residents' ability to refinance mortgages. Fannie Mae's blacklist of condo associations has tripled much of it due ...

Condo insurance is more like renters insurance than a homeowners policy, in that it largely covers your belongings, not the physical structure of your property. (That's generally covered by a ...

Paul Eaton, an executive with insurance firm Aon advising HHRF, told the committees that such insurance could support at least 300 of the state’s roughly 2, 000 condo properties.

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 ...

told the committees that such insurance could support at least 300 of the state’s roughly 2,000 condo properties. “That’s a significant amount of capacity deployed,” he said. Eaton ...

Lopez’s bill would prohibit condominium associations that aren’t complying with the post-Surfside laws from obtaining insurance through the state-run Citizens Property Insurance Corp ...

The good news: if someone sues the association, the insurance company has to pay if the association is found liable. The bad news: they will pass whatever increases there are on to the condo owners.

Condominium associations and owners can’t afford skyrocketing insurance bills, banks won’t lend on underinsured properties, and is there no clear way forward. Kahala estate sells for $65.7M ...