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Title: Honolulu Faces Mounting Insurance Instability, Increasing the Need for Real Estate Management Services

Honolulu, HI, United States, 29th Nov 2025 — As Oʻahu continues to experience one of the most challenging insurance climates in decades, both renters and property owners are confronting rising uncertainty around coverage availability, long-term affordability, and structural readiness. Neal Fineman Property Management reports that these market shifts have intensified the role of real estate management services, particularly as Honolulu adapts to updated flood-risk maps, elevated climate concerns, and stricter insurer requirements that directly influence community stability.Climate and Insurance Pressures Converge Across HonoluluHawaii’s insurance landscape has shifted significantly, with the Hawaiʻi Insurance Division documenting average property insurance premium increases exceeding 25% since 2023. Rising reinsurance costs, updated risk modeling, and storm-related losses in the broader Pacific region have contributed to tighter underwriting standards—conditions that particularly affect older Oʻahu structures.NOAA’s long-term Pacific outlook also highlights increasing severe weather variability. Over the past decade, the region has seen a marked rise in storm advisories and abnormal precipitation events, prompting insurers to reassess coverage criteria across coastal cities. These pressures are especially visible in Honolulu neighborhoods such as Waikīkī, Kakaʻako, and the Ala Wai corridor, where FEMA’s recent flood map revisions have placed additional attention on structural vulnerability.Given that many of Honolulu’s multi-family buildings were constructed before modern resiliency standards, Neal Fineman Property Management has observed growing owner concerns regarding inspections, documentation, and the potential for future rate adjustments. Renter...

This press release is issued by King Newswire