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News
How to slash your hurricane insurance premiums by more than a third
4+ hour, 47+ min ago (328+ words) Home hurricane insurance that cost $1,000 annually three-to-five years ago could cost more than twice that today. These are sobering statistics for Hawaiʻi residents thinking about updating their insurance policies after seeing the wreckage left by Hurricane Lala this month. Natural…...
Legislature considers bills to address home insurance issues following disasters
4+ mon, 4+ day ago (1205+ words) Bhejay Yadao’s family had just finished converting their garage in their Lahaina home to a one-bedroom unit for their elderly grandparents. His family had used their savings to complete the project on Aug. 6, 2023. “They spent the night and the day…...
Monthly cash payments could boost disaster survivors. A Maui nonprofit tries it out
5+ mon, 1+ week ago (1205+ words) Mari Younger cherished her life in West Maui. She worked hard at her career in the restaurant industry and was proudly self-sufficient, happily living in the same condo for 11 years, lovingly doting on her cat, Stella. Then came a health…...
Rising home insurance in lava zones prompts subsidy proposal
6+ mon, 5+ day ago (226+ words) House lawmakers have advanced a measure that would subsidize home insurance for low-income families in lava zones. Insurance premiums on property in lava zones on Hawaiʻi Island have spiked since the 2018 Kīlauea volcanic eruption. Despite the state’s last-resort insurer, many…...
Community-driven wildfire resiliency can improve safety, access to insurance
6+ mon, 2+ week ago (212+ words) Wildfire prevention experts are encouraging local communities to scale their efforts to reduce fire risks and improve access to insurance. Fires are growing threats around the U.S., leading some companies to increase their insurance premiums or even pull coverage from high-risk…...
State insurance commissioner surveys the local landscape
10+ mon, 1+ week ago (581+ words) State Insurance Commissioner Scott Saiki spoke to The Conversation’s Catherine Cruz about Hawaiʻi's insurance landscape. - On Air Now Playing HPR-1 - News and information - On Air Now Playing HPR-2 - Your home for classical music State insurance commissioner surveys the local landscape…...