Fannie Mae and Freddie Mac updated condo insurance and project standards, including ACV roof coverage and revised deductible and review rules.
The homeowner insurance woes facing many Americans are having a unique impact on condominium owners, too. Aging condos and deferred maintenance are sending condo insurance premiums soaring through the ...
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 ...
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 ...
Acting State Insurance Commissioner Jerry Bump joins producer/host Coralie Chun Matayoshi to discuss why property insurance rates are so high, actions taken by the state to respond to the insurance ...
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 ...