coastal insurance rates News

Mississippi Residents, Lawmakers Pushing Bill to Disclose Insurance Costs by Area

A group of lawmakers and residents from the Mississippi Gulf Coast are again pushing a bill that would require insurance companies to disclose, by geographic area, how much they are charging to insure property. The idea, which originated in Alabama, …

Coastal Homeowners Upset with Insurers, Regulators Over Surge in Insurance Costs

When Stan Virden moved into his 2,400-square-foot house overlooking a rock-lined canal in 1996, he paid less than $1,000 a year for homeowners insurance. Now, as he seeks to move to Atlanta to be near family, Virden says potential buyers …