Latest Coastal Headlines
All the headlines from our Coastal Topic Page, ordered by recency.
Southern governors hear from insurance execs on coastal coverage
Sep 3 2007 // Southern governors and insurance executives met late last month in Biloxi, Miss., about the challenges of keeping insurance coverage in coastal areas that are vulnerable to hurricanes, but they reached no consensus on how...
N.Y. Halts Insurers from Tying Coastal Home Renewals to Other Business
Aug 29 2007 // Insurance companies in New York may not refuse to renew homeowners insurance policies based on whether a policyholder has other business such as an auto or life policy with them, under a new order from the state insurance...
Agent Urges Southern Governors to Unite Industry to Fix Coastal Woes
Aug 27 2007 // A national independent agency leader is urging Southern governors to use their “bully pulpits” to bring together the leaders in the insurance industry and help restore competition as they look for ways to ease...
Tropical Storm, Hurricane a Wake-up Call for Coastal Residents
Aug 16 2007 // Tropical Storms Erin and Dean should serve as a wake-up call to anyone living along the Texas coast that hurricanes may not be too far away. “There is no better time than now to prepare evacuation plans and gather...
Commercial lines insights of top agencies
Aug 6 2007 // While much of the talk about the current commercial and professional lines market turns to insurers lowering their prices, the soft market is requiring agents to raise their agencies’ level of attention paid to...
Commercial lines insights of top agencies
Aug 6 2007 // While much of the talk about the current commercial and professional lines market turns to insurers lowering their prices, the soft market is requiring agents to raise their agencies’ level of attention paid to...
State Farm to Drop 50,000 Coastal Homeowners Policies in Fla.
Jul 23 2007 // State Farm Insurance, Florida’s largest private home insurer, said it will drop about 50,000 homeowners policies next year in what it considers risky areas along the coast. Most of the homes and condos that will lose...
N.Y. Agents Seeking Alternatives for Downstate Homeowners
Jul 12 2007 // Downstate New York insurance agents say they are seeking alternative sources of coverage, as many of their regular homeowners insurance companies continue to reduce exposure in their area. A membership survey conducted by...
N.C. Flood Insurance Rates May Soar Under New Coastal Building Code
Jul 10 2007 // Thousands of coastal North Carolina residents could see insurance rates surge this fall as state regulators weigh higher insurance costs against the rising cost of protecting homes. The North Carolina Building Code Council...
Survey: Inlanders Oppose Subsidies for Risky Drivers, Coastal Homes
Jun 20 2007 // A new survey is reporting that 80 percent of drivers and 64 percent of homeowners in non-coastal areas in two states disagree with state insurance pricing regulations that benefit risky drivers and homeowners in high-risk...
Inland businesses can be hurt when coastal storms strike
Jun 18 2007 // It took O’Charley’s regional operations director in Hattiesburg, Miss., most of a week to get in touch with the restaurant chain’s Nashville headquarters after Hurricane Katrina pounded the Gulf Coast two...
Poll: Many coastal residents still not ready for hurricanes
Jun 18 2007 // Many people along the Atlantic and Gulf Coasts still lack a hurricane survival plan and don’t feel vulnerable to storms, despite Katrina’s dramatic damage and pleas from emergency officials for residents to...
S.C. Governor Signs Bill to Help Coastal Residents with Insurance
Jun 13 2007 // Gov. Mark Sanford signed a bill into law Monday that he says should lower insurance costs for residents along South Carolina’s coast. Sanford’s signature comes three months after the Republican governor and his...
Tenn. Businesses Protect Coastal Operations from Storms
Jun 12 2007 // It took O’Charley’s regional operations director in Hattiesburg, Miss., most of a week to get in touch with the restaurant chain’s Nashville, Tenn. headquarters after Hurricane Katrina pounded the Gulf...
Insurers Urge S.C. Legislature to Pass Coastal Insurance Reforms
Jun 6 2007 // The Property Casualty Insurers Association of America commends Gov. Mark Sanford and the South Carolina Legislature for advancing an agenda of reform aimed at strengthening the state’s coastal insurance market. Today...
Richardson has high hopes for S.C. omnibus coastal legislation
Jun 4 2007 // Insureds would receive premium discounts for storm mitigation efforts and be able to establish tax-free personal catastrophe savings accounts while insurers would receive tax breaks for writing coastal properties under...
Richardson has high hopes for S.C. omnibus coastal legislation
Jun 4 2007 // Insureds would receive premium discounts for storm mitigation efforts and be able to establish tax-free personal catastrophe savings accounts while insurers would receive tax breaks for writing coastal properties under...
S.C. Senate Follows House in Approving Coastal Insurance Bill
Jun 1 2007 // The South Carolina Senate has approved omnibus legislation that backers hope will ease the insurance cost and availability crunch facing coastal property owners in the state by providing discounts and tax breaks. The...
R.I. House Members Unveil Bills Curbing Insurers’ Coastal Practices
May 31 2007 // The leaders of a special Rhode Island House commission studying the effects of natural disasters on property insurance costs have introduced legislation they say is aimed at protecting coastal homeowners from...
Ironshore Approved to Offer So. Carolina Coastal Coverage
May 17 2007 // Bermuda-based Ironshore Insurance Ltd. has been approved to provide property and catastrophe insurance on an excess and surplus basis for risks located in the State of South Carolina. Ironshore will provide commercial...
