Latest Coastal Headlines
All the headlines from our Coastal Topic Page, ordered by recency.
Insurance Agents, Travelers, Nationwide Urge Coastal Wind Policy
Aug 4 2008 // Travelers, Nationwide Mutual and two leading national insurance producer organizations are supporting a plan they say will make private windstorm insurance more affordable and available in coastal areas. Federal...
The Hartford Unveils National Coastal Home Insurance Plan
Jul 31 2008 // The Hartford Financial Services Group Inc. has proposed a far-reaching new plan – one that includes mandatory flood insurance, IRA-like catastrophe accounts, subsidized premiums for homeowners and a federal...
Coastal Texas Begins Clean-up After Hurricane Dolly
Jul 25 2008 // Residents in south Texas on the coast have begun the tough job of cleaning up at Hurricane Dolly slammed into the coast on Wednesday, July 23. On Thursday power lines were still down, but according to news reports, many...
State Farm Raises Rates for Coastal Alabama
Jul 25 2008 // Citing growth and hurricane threats on Alabama’s coast, State Farm will boost its homeowners insurance rates by 12 percent to 18 percent in Mobile and Baldwin counties. The Alabama Department of Insurance approved...
Insurance Agents, Travelers, Nationwide Urge Coastal Wind Policy
Jul 16 2008 // Travelers, Nationwide Mutual and two leading national insurance producer organizations are supporting a plan they say will make private windstorm insurance more affordable and available in coastal areas. Federal...
Insured Property Value in Coastal States to Double in 10 Years
Jul 7 2008 // In the past three years, the insured value of properties in coastal areas of the United States continued to grow at a compound annual growth rate of just over 7 percent, according to a new report released by AIR Worldwide...
Insured Property Value in Coastal States to Double in 10 Years
Jul 7 2008 // In the past three years, the insured value of properties in coastal areas of the United States continued to grow at a compound annual growth rate of just over 7 percent, according to a new report released by AIR Worldwide...
Insured Property Value in Hurricane-Prone States to Double in 10 Years
Jun 17 2008 // In the past three years, the insured value of properties in coastal areas of the United States continued to grow at a compound annual growth rate of just over 7 percent, according to a new report released by AIR Worldwide...
South Carolina Insurance Department to hold Coastal Insurance Session
Jun 12 2008 // Director Scott Richardson and staff from the South Carolina Department of Insurance will meet with Charleston area residents to discuss coastal insurance issues on June 12 to discuss the status of the state’s coastal...
State Farm to Drop Coastal Policies, Raise Rates in Mississippi
Jun 12 2008 // The State Farm Fire and Casualty Co. filed intentions with the Mississippi Insurance Department to non-renew all Mississippi homeowners policies for customers living within 1,000 feet of the Gulf of Mexico. State Farm...
Coastal Growth from Texas to N.C. Lends Urgency to Hurricane Forecasts
Jun 2 2008 // The rapid pace of development along hurricane-prone coasts is adding a new level of urgency for forecasters to more accurately pinpoint potential storm impact zones, the director of the National Hurricane Center...
Mass. Urges Coastal Communities to Elevate Structures Above Floodwaters
May 27 2008 // Coastal communities in Massachusetts should encourage property owners to elevate their buildings to avoid future flooding and storm surge damage, according to officials advising on storm mitigation efforts. In addition to...
RMS Becomes Partner in Climate Change Initiative
May 22 2008 // Newark, Calif.-based Risk Management Solutions (RMS) has become a partner in the Resilient Coasts Initiative, a collaboration led by Ceres and the Heinz Center. RMS will contribute technical expertise on climate-driven...
Alabama Opens Coastal Home Insurance Market to Captive Insurers
May 19 2008 // The Alabama Legislature has passed a bill that will allow captive insurance companies to sell residential insurance along the Alabama coast. The House and Senate voted without dissent to give final approval to changes in...
Rapid Coastal Growth Places Urgency on Hurricane Forecasts, Chief Says
May 14 2008 // The rapid pace of development along hurricane-prone coasts is adding a new level of urgency for forecasters to more accurately pinpoint potential storm impact zones, the director of the National Hurricane Center...
Captive Companies Could Compete for Coastal Business in Alabama
May 12 2008 // The Alabama Legislature has passed a bill that will allow captive insurance companies to sell residential insurance along the Alabama coast. The House and Senate voted without dissent May 8 to give final approval to...
Alabama Coastal Insurance Bill Opposed by Alfa Passes in Senate
May 5 2008 // Legislation aimed at expanding insurance pool coverage for coastal residents in Alabama and opposed by insurance giant Alfa passed in the state Senate after appearing to be doomed. The bill’s sponsor, Sen. Ben...
Sandbags Removal to Put North Carolina Coastal Properties at Risk
Apr 7 2008 // North Carolina regulators are preparing to enforce a May 1 deadline to clear the state’s beaches of sandbags that protect homes, hotels and roads. The North Carolina Coastal Resources commission began a meeting in...
Alabama Homeowners Insurance Rates Soar; Coastal Areas Hardest Hit
Apr 7 2008 // Homeowners insurance rates in Alabama jumped by 69.1 percent between 2001 and 2005 — the second-largest rise nationally — despite the fact that Alabamians have lower incomes and are typically insuring less expensive...
North Carolina Coastal Properties at Stake as Sandbag Deadline Nears
Mar 31 2008 // North Carolina regulators are preparing to enforce a May 1 deadline to clear the state’s beaches of sandbags that protect homes, hotels and roads. The North Carolina Coastal Resources commission began a meeting in...
