Latest Coastal Headlines
All the headlines from our Coastal Topic Page, ordered by recency.
North Carolina Property Insurance Surcharges Unlikely After Irene
Aug 25 2011 // Every property owner in North Carolina has a financial stake in the damage risk posed by Hurricane Irene, which could become the first to hit the state since a new method of paying for coastal storm damage allowed for...
North, South Carolina Coastal Insurance Plans Ready for Hurricane Irene
Aug 24 2011 // Caught square in the path of Irene, the first major hurricane of the season, the coastal insurance plans in North and South Carolina are prepared to absorb what may be their first major losses in years. Both plans appear...
Considerations for Homeowners on the Coast
Aug 1 2011 // As we make our way toward the midway point of the annual hurricane season, consumer questions regarding coastal properties are on the rise. Hurricanes make great TV. When you get past the hype that the media can bring to...
Report: Hurricanes Pose Risk to 1.8M Coastal Homes
May 16 2011 // More than 1.8 million homes along the Gulf and Atlantic coasts are at great risk of being damaged by a hurricane, three times the number located in federally defined flood zones, according to a recently released...
Coastal Risk Expands into Louisiana, Florida
May 3 2011 // Coastal Risk Underwriters (CRU), a subsidiary of Insight Catastrophe Group, will begin writing homeowners insurance in Louisiana and 15 counties in Florida. CRU provides insurance capacity to large national and regional...
Alabama Governor to Form Coastal Insurance Panel
Apr 7 2011 // Alabama Governor Robert Bentley is creating a commission to address the rising cost of insurance for the state’s coastal homeowners. Bentley said the commission will be asked to make recommendations on how to make...
North Carolina Researchers Track Risk from Rising Sea Level
Mar 30 2011 // Laid back beach communities, fragile wetlands perfect for canoeing or kayaking, and iconic lighthouses come to mind when picturing North Carolina’s coast. In reality change is the norm along the coast, and although...
U.S. Coastlines Should Be Prepared for Potential Tsunamis
Mar 23 2011 // In the wake of Japan’s tsunami disaster, the National Oceanic and Atmospheric Administration (NOAA) is urging Americans who live and vacation at the coast to take the threat of tsunamis seriously. With more coastline...
Alabama Plans Session on Coastal Insurance
Mar 7 2011 // Alabama Gov. Robert Bentley has renewed a campaign pledge to call a special session of the state Legislature to find a solution for coastal residents seeking homeowners insurance. “I have made a commitment, and...
Alabama Governor Vows Special Session on Coastal Insurance
Feb 22 2011 // Alabama Gov. Robert Bentley has renewed a campaign pledge to call a special session of the state legislature to find a solution for coastal residents seeking homeowners insurance. “I have made a commitment, and...
Insurers Offer Options for Mississippi, Alabama Coastal Homeowners
Jan 12 2011 // A handful of new insurers have entered the coastal markets of Alabama and Mississippi, offering options to some homeowners. Coastal American, PURE, American Strategic, Wilshire, Republic and Southern Fidelity may not...
Alabama’s Coastal Map
Jan 10 2011 // The oil industry may be to blame for millions of dollars of damage and lost business along Alabama’s coast but it’s the insurance industry that holds the key to the state’s coastal recovery. This truth is...
South Carolina Awards 85 Mitigation Grants to Coastal Homeowners
Jan 4 2011 // Eighty-five South Carolina homeowners who live on the coast are the latest recipients of grants to help them strengthen their homes against storms. Scott H. Richardson, state insurance commissioner, said the SC Safe Home...
2 Years After Ike Texas Coastal Residents Still Filing Claims
Dec 22 2010 // Windstorm claims from Hurricane Ike continue to be reported more than two years after the storm made landfall. The Texas Windstorm Insurance Association (TWIA) continues to average receiving at least one new claim every...
Insurance Vital to Alabama Coast Long-Term Plan, Says Commission
Dec 21 2010 // Coastal Alabama should seize the BP Gulf oil disaster as an opportunity for “resiliency planning” that will not only help the region recover from the oil damage but also put it in a position to better recover...
New York Agents Group Praises Coastal Reform Plan
Oct 18 2010 // A key trade group for insurance agents in New York is lauding a proposal by regulators to reform the coastal homeowners insurance market in the state. The Independent Insurance Agents & Brokers of New York (IIABNY)...
Insurer PURE Enters North Carolina High-End Coastal Home Market
Oct 7 2010 // An insurer specializing in pricey properties is moving into North Carolina with a particular eye toward coastal real estate. Privilege Underwriters Reciprocal Exchange (PURE) offers its homeowners insurance policies for...
Alabama Seeks Plan for Coastal Recovery from Gulf Oil Disaster
Oct 1 2010 // A world-class convention center in Gulf Shores. Low-fare airline service at Mobile Regional Airport. A permanent solution to Alabama’s coastal insurance crisis. Those ideas and dozens more were flying through the...
New York Agents Group Praises Coastal Reform Plan
Oct 1 2010 // A key trade group for insurance agents in New York is lauding a proposal by regulators to reform the coastal homeowners insurance market in the state. The Independent Insurance Agents & Brokers of New York (IIABNY)...
Insurers Blast New York Coastal Homeowners Insurance Reform Plan
Sep 27 2010 // Insurers are blasting a proposal by New York regulators to reform the state’s coastal homeowners insurance market, a plan one exec called “a solution in search of a problem.” “The insurance industry...
