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Tropical Storm Alberto to Bring Flooding to Coastal South Texas
Jun 19 2024 // Tropical storm Alberto has caused flooding and more than three feet of storm surge in parts of coastal south Texas but is not expected to strengthen to hurricane force, meteorologists say. Alberto is the first named storm...
Bipartisan Bill Aims to Authorize Payouts for Coastal Structures
Jun 11 2024 // A new bipartisan bill would authorize National Flood Insurance Plan payouts for structures condemned due to chronic erosion or unusual flooding. Introduced earlier this month by Congresswoman Chellie Pingree (D-Maine) and...
5 Killed in Fiery Crash on South Carolina Coastal Road
Jun 3 2024 // ST. HELENA ISLAND, S.C. (AP) — Five people, including a 4-year-old, were killed during a fiery three-vehicle crash near the southern South Carolina coast, authorities said Thursday. The South Carolina Highway Patrol said...
American Coastal Reports Profitable Q1 for This Year
May 13 2024 // SAINT PETERSBURG, Fla. (AP) — American Coastal Insurance Corp. (ACIC) on Thursday reported first-quarter earnings of $23.6 million. The Saint Petersburg, Florida-based company, the rebranding of part of now-insolvent...
American Coastal to Sell Interboro to Forza Holdings, Completing Personal Lines Exit
May 13 2024 // American Coastal Insurance Corp. (ACIC) has agreed to sell its subsidiary Interboro Insurance Co., a New York domiciled insurer, to Forza Insurance Holdings, a Houston-based firm that funds insurance organizations serving...
People Moves: Castle, Gray Named to Senior Posts at American Coastal
Jan 19 2024 // St. Petersburg-based American Coastal Insurance Corp. has named two to high-level positions in the company. Svetlana Castle is the new chief financial officer, starting Jan. 22, the company said in a press release. Castle,...
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