Latest Coastal Headlines
All the headlines from our Coastal Topic Page, ordered by recency.
FTP, INC. Announces Strategic Acquisition of Coastal Flood Underwriters
Mar 7 2025 // Old Bridge, NJ March 07, 2025 – FTP, INC. announced today its acquisition of Coastal Flood Underwriters, LLC, a premier provider of flood insurance solutions. This strategic move strengthens FTP’s commitment to...
CFPB Finds Properties May be Underinsured in Non-Coastal Flood Zones
Jan 17 2025 // Homeowners with mortgages who are at risk of flooding from rivers and creeks are more likely to be underinsured for floods than coastal residents, according to a new report from the Consumer Financial Protection...
Louisiana Gov. Landry Raises Concerns Over $3B Coastal Restoration Project
Nov 27 2024 // NEW ORLEANS (AP) — Louisiana Gov. Jeff Landry raised serious objections Thursday to a $3 billion project long hailed as key to restoring the state’s eroding coastline, decrying the growing cost and predicting dire...
Feds Issue Ultimatum to Louisiana on $3 Billion Coastal Restoration Project
Oct 24 2024 // NEW ORLEANS, La. (AP) — Federal officials want to know if Louisiana remains committed to a nearly $3 billion planned coastal restoration project that litigation has stalled. Federal officials warned in a Friday letter to...
Coastal Cities Have a Hidden Vulnerability to Storm Surge – Caused by Humans
Oct 18 2024 // Centuries ago, estuaries around the world were teeming with birds and turbulent with schools of fish, their marshlands and endless tracts of channels melting into the gray-blue horizon. Fast-forward to today, and in...
Coastal Carolina Gets 1,000-Year Rainfall Event From Storm System
Sep 17 2024 // Parts of North Carolina saw something Monday that has not been seen in hundreds, perhaps 1,000 years – 18 inches of rain in half a day. NWS That’s “once in every 1,000 years!” the National Weather...
Coastal Cities’ Growing Storm Vulnerability Fed by Climate Change and Growth
Sep 13 2024 // Warm water in the Atlantic Ocean and Gulf of Mexico can fuel powerful hurricanes, but how destructive a storm becomes isn’t just about the climate and weather – it also depends on the people and property in...
Markets/Coverages: SageSure, Markel Collaborate to Expand Capacity in Coastal States
Aug 27 2024 // Managing general underwriter SageSure announced it is collaborating with Markel to introduce new capacity to its expanded markets program, broadening underwriting eligibility in coastal states. SageSure Expanded Markets...
Coastal Texas Braces for Insurance Rate Increase at Upcoming TWIA Meeting
Jul 31 2024 // The Texas Windstorm Insurance Association, the state’s insurer of last resort for homes and businesses on the Gulf Coast, will consider raising rates as climate change increases the chances of more severe storms and...
Coastal Communities Get $575M to Guard Against Floods, Other Disasters
Jul 31 2024 // The federal government is giving more than a half-billion dollars to coastal communities to help them use nature-based preventative measures to address climate-related flooding and other disasters. The National Oceanic and...
Louisiana’s $3B Coastal Restoration Project Divides Residents
Jul 26 2024 // NEW ORLEANS (AP) — Proponents of a nearly $3 billion project to restore part of southeast Louisiana’s rapidly vanishing coastline released a study Tuesday touting the expected economic benefits of its construction,...
William & Mary to Expand Climate Studies, Coastal Research with $100 Million Gift
Jul 26 2024 // William & Mary has received a $100 million donation that aims to help the world’s coastal communities adapt to changing temperatures, rising seas and more intense storms, the university announced Wednesday. The...
Changes at American Coastal Insurance After Florida OIR Action on ‘No-Fly List’
Jul 1 2024 // Florida regulators’ effort to enforce a 2002 state law and keep insolvent insurers’ officers out of carrier leadership roles appears to be a reason behind a significant shakeup at St. Petersburg-based American...
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,...
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,...
