Latest Coastal Headlines
All the headlines from our Coastal Topic Page, ordered by recency.
New Louisiana Coast Restoration Work to Start in 2 Areas
Jun 25 2012 // A $428 million plan to restore two parts of Louisiana’s rapidly eroding coastline is moving ahead. The commander of the U.S. Army Corp of Engineers, Lt. Gen. Thomas Bostick, officially signed the plan during a news...
Texas Windpool to Remain Under Administrative Control
May 17 2012 // Texas’ insurer of last resort for wind and hail in coastal counties will remain under the administrative control of state regulators and it will file for a 5 percent rate increase in August to become effective Jan....
Calif. Senate Panel Oks Coastal Conservancy Climate Change Plan
Apr 10 2012 // A plan to help ensure the California Coastal Conservancy can work on addressing climate change was approved by the Senate Natural Resources and Water Committee. Senate Bill 1066, authored by state Sen. Ted W. Lieu,...
Alabama Considers Coastal Depopulation Plan
Apr 2 2012 // The Alabama Legislature is considering a bill that would give up to $2.5 million to private insurance companies in exchange for writing policies for coastal properties. The measure is designed to shrink the size of the...
EU Council Extends Somalia Counter-piracy Operation; OK’s Coastal Missions
Mar 23 2012 // The Council of the European Union has prolonged the EU’s counter-piracy operation Atalanta by two more years, until December 2014. The Council also said that the decision “extended the force’s area of...
Florida Battles Over Beach Erosion, Costs of Replenishment
Mar 19 2012 // The St. Joseph Peninsula is picture-perfect Florida: 17 miles of sugar sand beach interrupted by a few clusters of homes, each with a million-dollar view of the Gulf of Mexico. But according to state officials, the...
Millions in U.S. at Risk from Rising Sea Levels: Report
Mar 15 2012 // Sea level rise due to global warming has doubled the annual risk of coastal flooding of historic proportions across widespread areas of the United States, according to a report from the non-profit research group Climate...
$1M Available For Pacific Islands Coastal Storm Preparedness
Mar 8 2012 // More than $1 million in coastal hazard research grant money is available to communities throughout the Pacific Islands region to help plan for, respond to and recover from coastal storms. The funding will be distributed by...
Maryland Court Sides With Allstate in Coastal Homeowners Case
Feb 20 2012 // The Maryland Court of Appeals, the state’s highest court, recently ruled in favor of Allstate. The court upheld a previous lower court’s ruling that the insurer was within its rights to stop writing new...
Maryland High Court Sides With Allstate in Coastal Homeowners Case
Jan 31 2012 // The Maryland Court of Appeals, the state’s highest court, ruled in favor of Allstate last week. It upheld a previous lower court’s ruling that the insurer was within its rights to stop writing new homeowners...
Ventura Partners Acquires Barlocker, Forms Coastal States
Jan 19 2012 // Ventura Partners BHR, LP which has acquired the assets from Barlocker Insurance Services of Ventura, Calif. Terms of the acquisition were not disclosed. Barlocker Insurance Services was formally affiliated with the Leavitt...
Conn. Updates Coastal Underwriting Guidelines
Jan 9 2012 // Connecticut insurance department amended its coastal underwriting guidelines last month to clarify when hurricane deductibles can be applied. Regulators have been working on making the changes in the wake of criticisms...
Texas Lawmakers Named to Coastal Insurance Study Committee
Dec 12 2011 // A joint committee of state lawmakers over the next year will be looking in to alternatives for providing property insurance along the Texas coast. Texas House Speaker Joe Straus, R-San Antonio, has announced Texas House...
Maryland To Hold Hearing on Insurance Affordability for Coastal Areas
Dec 2 2011 // Maryland Insurance Administration will hold a two-day quasi-legislative public hearing, on Dec. 13 and 14, to discuss the availability and affordability for personal and commercial P/C insurance in coastal areas. Several...
Florida’s Citizens Plans 19% Rate Hike on High-Value Coastal Condos
Nov 16 2011 // Florida residents living in high-value condominium buildings insured by the state’s government-run homeowners’ insurer could see their rates increase by 19 percent on average. Citizens Property Insurance Corp.,...
Coastal Alabama Rates Going Down
Oct 3 2011 // Alabama homeowners insured by the state’s property insurer of last resort are paying less after the insurer implemented its first rate decrease in three years. The Alabama Insurance Underwriting Association last...
Irene Raises Hurricane Deductible Questions in Northeast States
Sep 19 2011 // New York and New Jersey regulators said recently that hurricane deductibles should not apply on homeowners’ insurance policies for Irene damages in their states. That’s because Irene was downgraded and...
Insurance Rates for Coastal Alabama Homeowners Going Down
Sep 15 2011 // Alabama homeowners insured by the state’s property insurer of last resort are paying less after the insurer implemented its first rate decrease in three years. The Alabama Insurance Underwriting Association last...
Irene Raises Hurricane Deductible Questions in Hard-Hit Northeast States
Sep 7 2011 // New York and New Jersey regulators said recently that hurricane deductibles should not apply on homeowners’ insurance policies for Irene damages in their states. That’s because Irene was downgraded and...
New York Coastal Residents Urged to Move Out of Irene’s Way
Aug 26 2011 // New Yorkers living in low-lying areas should think about moving out Friday before Hurricane Irene hits the city of 8.4 million people, Mayor Michael Bloomberg said on Thursday. The mass transit system might have to be shut...
