#State Insurance Commissioner Gordon I. Ito
Gov. Green signs emergency proclamation to address condo insurance crisis
“The wildfire in Maui has highlighted these issues for our state, leading to skyrocketing insurance rates for condos, some increasing by as much as 1,000%. With the possibility of similar rate hikes for townhouses, immediate action is required to protect Hawaiʻi homeowners and maintain market stability,” according to the governor’s announcement.