At Palm Beach seminar, Brendan Lynch of Plastridge Insurance said federal flood insurance pays out $250,000 at the most for a flood-damaged condo unit.
The loss of insurance for condos and a $900,00 settlement in a 2024 lawsuit were announced by San Diego Country Estates Home Owner’s Association officials.
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 ...
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 ...
Two Florida lawmakers blame insurance companies — not new state law — for helping to fuel a condo crisis that has hit owners with rising fees and assessments in high-rise buildings. State Sens. Jason ...
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 ...
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 ...
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 ...