TAMPA, Fla. (WFLA) — An unusual situation has led to a stunning property insurance increase in one Tampa Bay community. A group of Tampa Bay area homeowners told 8 On Your Side they’re having to pay ...
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 ...
Fannie Mae and Freddie Mac revised condo project and insurance rules, easing some costs but tightening reserve and review ...
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 ...
Fannie Mae and Freddie Mac updated condo insurance and project standards, including ACV roof coverage and revised deductible ...
Older condo association buildings, depending on height, proximity to the coast and state of repair may be facing an unaffordable situation. “I thought we were being conservative by budgeting the same ...
Owning a condo comes with some great perks — less upkeep to worry about and access to shared amenities like pools, gyms, or common spaces. However, it also comes with financial obligations that can ...
Select an option below to continue reading this premium story. Already a Honolulu Star-Advertiser subscriber? Log in now to continue reading. Rising costs have also led some condos to go underinsured.
HONOLULU (Island News) -- Even before the Lahaina fires, insurance rates had been spiking because of natural disasters, global instability and other risk factors driving up costs. And now, they're ...
Anticipating a refinancing offer that could save him $647 a month, Dave Mayers of Jupiter instead got a jolt of reality: The deal was nixed after lenders saw the level of insurance his condominium ...
TALLAHASSEE - Florida regulators last week approved a plan that could lead to condominium-association policies leaving the state's Citizens Property Insurance Corp. The plan will allow insurer Condo ...