A ‘Hard Market’ Is Battering Condo Owners

When the Peninsula at Hawaii Kai condo community got news of its insurance bill for 2024, the condo owners were in for an unpleasant surprise. The association’s premium was going up almost tenfold, to $3.3 million from less than $400,000, said Kris Hanselman, an owner in the community. That would mean an increase of thousands … Continue reading A ‘Hard Market’ Is Battering Condo Owners