Latest Coastal Headlines
All the headlines from our Coastal Topic Page, ordered by recency.
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,...
Massachusetts Climate Strategy Brings Together Its 78 Coastal Communities
Nov 30 2023 // Massachusetts Governor Maura Healey has announced a plan to assist the state’s 78 coastal communities from Cape Cod to the North Shore, where 2.5 million live, with their development of long-term regulatory, policy,...
American Coastal, Once Affiliated with UPC, Has Buyer for Interboro in New York
Nov 14 2023 // American Coastal Insurance Corp., formerly affiliated with Florida-based United Property & Casualty Insurance, announced it has a cash buyer for Interboro Insurance Co. in New York. According to the company, the...
Morningstar: Coastal Communities at Risk of Becoming Uninsurable
Oct 25 2023 // DBRS Morningstar experts anticipate increased reliance on government insurance programs as insurers exit catastrophe-prone states. New commentary from the credit ratings business said these departures could...
A Hidden Climate Danger Threatens Coastal Communities With Toxic Chemicals
Sep 29 2023 // A little-known climate threat lurks under our feet: rising groundwater that could release toxic chemicals from more than 132,000 contaminated sites in coastal areas of the US. In a first of its kind study, researchers...
Ophelia Brings Flooding to Coastal North Carolina, Virginia
Sep 25 2023 // ANNAPOLIS, Md. (AP) — Residents in parts of coastal North Carolina and Virginia experienced flooding Saturday after Tropical Storm Ophelia made landfall near a North Carolina barrier island, bringing rain, damaging...
Alabama Supreme Court Says Work on New Coastal Bridge Can Resume
Aug 28 2023 // The Alabama Supreme Court ruled Friday that the state can continue work on a new bridge that will give motorists an alternate route to state beaches. Justices reversed an injunction issued by a Montgomery judge that had...
Valent Group Acquires Coastal Professional Insurance in Alabama
Aug 4 2023 // Birmingham-based Valent Group, an insurance brokerage and risk management firm, has acquired Coastal Professional Insurance Inc., an independent agency in Mobile, Alabama. Coastal, or CPI, has been in the business for...
After UPC Insolvency, Parent Company Rebrands to American Coastal Insurance
Aug 1 2023 // Six months after its namesake insurance carrier was deemed insolvent, United Insurance Holdings is rebranding itself in the name of its surviving insurer, as American Coastal Insurance Corp. The St. Petersburg,...
Map Tool Gives Grim Look at Sea Level and Flood Impact on Coastal Areas
Jul 24 2023 // Many of the lowest-lying coastal areas of the Southeastern United States, including some heavily populated parts of Florida, will be subject to increased annual flooding in less than 30 years, according to scenarios mapped...
Coastal Construction, Rising Replacement Values Contribute to Costly Hurricane Claims
Jul 21 2023 // Insured losses from hurricanes have risen steadily over just the past 15 years, with nine of the 10 costliest hurricanes in U.S. history occurring since 2005, according to the Insurance Information Institute...
Alabama High Court Declines to Lift Injunction Blocking Coastal Bridge
Jun 9 2023 // A divided Alabama Supreme Court on Friday declined to lift a preliminary injunction blocking construction of a new coastal bridge. Justices in a 5-3 decision declined the emergency request from the Alabama Department of...
Storm Batters Maine Coastal Communities
Oct 17 2022 // A storm packing strong winds and heavy rain lashed the New England coast on Friday with the greatest impact in Maine, where more than 100,000 homes and businesses lost power. The storm brought a gust of 72 mph (116 kph),...
Ian to ‘Significantly Impact’ Property Rates for Coastal States: MarketScout
Oct 5 2022 // Hurricane Ian is going to affect commercial and personal property rates “significantly” – not just in Florida, predicted MarketScout. The Dallas-based insurance distribution and underwriting company released...
Coastal Washington Tribe Builds Tsunami Refuge Tower
Aug 11 2022 // There’s a new option to escape a tsunami for people on the southwest coast of Washington. The Shoalwater Bay Indian Tribe dedicated a 50-foot tall evacuation tower in Tokeland, Washington, the Northwest News Network...
Louisiana Completes Major Coastal Restoration Project
Aug 3 2022 // Louisiana has completed one of its biggest coastal restoration projects yet, and is at work on even bigger ones. The dredge used to suck up sediment from the Gulf of Mexico to add 1,000 acres (405 hectares) of habitat to...
Starting July 1, Sea-Level Rise Studies Required for Florida Gov’t Coastal Structures
Jun 29 2022 // Starting Friday, July 1, state and local governments will have to conduct a sea-level impact study if they build anything near Florida’s coastline, the result of a state law passed in 2020. Although the law applies...
Cross Insurance Acquires Humphrey, Byfield Agencies in Coastal Massachusetts
Apr 29 2022 // Cross Insurance announced the acquisition of Newburyport, Massachusetts-based Harold Humphrey Insurance Agency, Inc. and its sister agency, Byfield Insurance Agency, Inc., both offering personal and small business...
More Coastal Areas Join Forces Over New Flood Risk Rating System
Jan 11 2022 // Despite studies showing a new federal flood-risk rating is more equitable and accurate, opposition to higher flood insurance rates continues to build in some parts of the country. In coastal Harrison County, Mississippi,...
Infrastructure Package Could Deliver Louisiana Billions in Repairs, Coastal Storm Risk Management
Nov 16 2021 // Members of Congress are still bickering over the wisdom of passing a $1 trillion infrastructure package, but Louisiana lawmakers and state officials have moved to developing plans for spending the influx of cash for roads,...
