Latest Coastal Headlines

All the headlines from our Coastal Topic Page, ordered by recency.

Insurers Seek Study of North Carolina Beach Plan’s Finances

Sep 1 2008 // Insurers are calling upon the the North Carolina Insurance Underwriting Association, known as the Beach Plan, to release its financial information to allow consumers, lawmakers and insurers to begin working on long-term...

Lloyd’s, RMS to Release Global Coastal Flood Report

Aug 25 2008 // Lloyd’s and Risk Management Solutions will publish a new report on coastal flooding on Tuesday, Sept. 9 in conjunction with the Reinsurance Rendezvous in Monte Carlo. Lloyd’s said the report looks specifically...

Insured Property Value in Coastal States to Double in 10 Years

Aug 21 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 more than 7 percent, according to a new report released by AIR...

Insurers, Agents Urge Coastal Wind Policy from Texas to Maine

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...

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...

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...