Coastal News
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People Moves: Castle, Gray Named to Senior Posts at American Coastal
Jan 19 2024 // St. Petersburg-based American Coastal Insurance Corp. has named two to high-level positions in the company. Svetlana Castle is the new chief financial officer, starting Jan. 22, the company said in a press release. Castle,...
Massachusetts Climate Strategy Brings Together Its 78 Coastal Communities
Nov 30 2023 // Massachusetts Governor Maura Healey has announced a plan to assist the state’s 78 coastal communities from Cape Cod to the North Shore, where 2.5 million live, with their development of long-term regulatory, policy,...
American Coastal, Once Affiliated with UPC, Has Buyer for Interboro in New York
Nov 14 2023 // American Coastal Insurance Corp., formerly affiliated with Florida-based United Property & Casualty Insurance, announced it has a cash buyer for Interboro Insurance Co. in New York. According to the company, the...
Morningstar: Coastal Communities at Risk of Becoming Uninsurable
Oct 25 2023 // DBRS Morningstar experts anticipate increased reliance on government insurance programs as insurers exit catastrophe-prone states. New commentary from the credit ratings business said these departures could...
A Hidden Climate Danger Threatens Coastal Communities With Toxic Chemicals
Sep 29 2023 // A little-known climate threat lurks under our feet: rising groundwater that could release toxic chemicals from more than 132,000 contaminated sites in coastal areas of the US. In a first of its kind study, researchers...
Ophelia Brings Flooding to Coastal North Carolina, Virginia
Sep 25 2023 // ANNAPOLIS, Md. (AP) — Residents in parts of coastal North Carolina and Virginia experienced flooding Saturday after Tropical Storm Ophelia made landfall near a North Carolina barrier island, bringing rain, damaging...
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