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  • 07/07/2025 In 2024, Matt Cox of Matson Inc. was the highest-paid CEO of a Hawaii-based publicly traded company, with $6.15 million in total compensation—85% of it performance-based. Bob Harrison of First Hawaiian Bank had the highest base salary at $1.04 million and ranked second in total pay at $5.4 million. Hawaiian Electric’s Scott Seu initially received $6.5 million, but returned his $1.7 million incentive pay following the Lahaina wildfire tragedy, placing him third overall. Other notable changes included large compensation jumps for Peter Ho of Bank of Hawaii and Race Randle of Maui Land & Pineapple, the latter seeing a nearly 388% increase due to stock options. (Source: PBN)
  • 07/07/2025 Hawaii is facing a property insurance crisis driven by climate-related disasters, like the 2023 Lahaina wildfires, and surging reinsurance costs, leading to skyrocketing premiums and policy non-renewals—especially for condos. In response, the state passed Senate Bill 1044, reactivated the Hawaii Hurricane Relief Fund, expanded the Hawaii Property Insurance Association’s role, and created a loan program for condo safety upgrades. These measures aim to stabilize the market, ensure continued insurance availability, and encourage climate resilience across Hawaii’s housing sector. (Source: KHON2)
  • 07/06/2025 Construction progress: Alia, Kalae and Ulana.
  • 07/06/2025 Honolulu market update - click here.
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