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flag Hawaii's governor signed a bill to stabilize condo insurance, creating new options and a relief fund.

flag Governor Josh Green of Hawaii signed Senate Bill 1044, aiming to stabilize the state's insurance market for condominiums. flag The bill expands the Hawaii Property Insurance Association's powers, providing additional insurance options and a revolving fund for high-impact repairs. flag It reactivates the Hawaii Hurricane Relief Fund to offer coverage when private insurance is unavailable. flag The law also introduces a loan program to help reduce insurance costs for condos.

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