Latest Coastal Headlines
All the headlines from our Coastal Topic Page, ordered by recency.
Insurers Weigh-in on North Carolina Committee’s Beach Plan Analysis
Oct 1 2008 // A North Carolina joint legislative study committee began hearings on Sept. 30 regarding the financial health of the state’s Insurance Underwriting Association, a.k.a. the Beach Plan. The Joint Select Study Committee...
Feds Approve Ike Disaster Aid in Coastal Alabama
Sep 29 2008 // President George W. Bush approved federal disaster aid in Alabama to supplement state and local recovery efforts from Hurricane Ike in Mobile and Baldwin counties. The White House announced Sept. 26 that the action makes...
Public Hearing In Mississippi to Highlight Coastal Insurance Issues
Sep 29 2008 // The Mississippi House of Representatives Insurance Committee will host a public hearing to discuss housing and insurance issues in the wake of Hurricanes Katrina, Gustav and Ike. State Rep. and Chairman Walter Robinson...
Southeast Coastal Storm to Bring Brisk Winds, Waves
Sep 25 2008 // Powerful winds promised to scour the Southeast coast with strong winds and heavy seas, though residents were taking the promise of 50-mile-an-hour gusts in stride. The National Weather Service issued high wind warnings for...
Hurricane and Political Seasons Stir Up National Cat Plan Proposals
Sep 22 2008 // As Losses Mount for Insurers, More Proposals for a National Solution Emerge Neither Gustav nor Ike walloped the property/casualty insurance industry the way Katrina did but there is still concern in insurance and...
South Carolina Coastal Risk Conference Garners Insurer Support
Sep 18 2008 // The American Insurance Association is participating in this week’s conference “Out of the Storm: Confronting America’s Catastrophic Risk Crisis,” organized by the South Carolina Department of...
Lloyd’s, RMS Coastal Flood Study Urges Adapting to Changing Conditions
Sep 10 2008 // A new report published by Lloyd’s, as part of its “360 project,” and Risk Management Solutions (RMS), warns that “without adaptation, insurance losses from coastal flooding for high-risk properties...
Alabama Beach Pool Reports Progress on Coastal Insurance Issues
Sep 4 2008 // The Alabama Insurance Underwriting Association, a.k.a. the Beach Pool, released a progress report on a series of coastal insurance recommendations made by a state task force following Hurricane Ivan in 2004. The 20-member...
Insurers Seek Study of North Carolina Beach Plan’s Finances
Sep 1 2008 // Insurers are calling upon the the North Carolina Insurance Underwriting Association, known as the Beach Plan, to release its financial information to allow consumers, lawmakers and insurers to begin working on long-term...
Lloyd’s, RMS to Release Global Coastal Flood Report
Aug 25 2008 // Lloyd’s and Risk Management Solutions will publish a new report on coastal flooding on Tuesday, Sept. 9 in conjunction with the Reinsurance Rendezvous in Monte Carlo. Lloyd’s said the report looks specifically...
Insured Property Value in Coastal States to Double in 10 Years
Aug 21 2008 // In the past three years, the insured value of properties in coastal areas of the United States continued to grow at a compound annual growth rate of just more than 7 percent, according to a new report released by AIR...
Insurers, Agents Urge Coastal Wind Policy from Texas to Maine
Aug 4 2008 // Travelers, Nationwide Mutual and two leading national insurance producer organizations are supporting a plan they say will make private windstorm insurance more affordable and available in coastal areas. Federal...
Insurance Agents, Travelers, Nationwide Urge Coastal Wind Policy
Aug 4 2008 // Travelers, Nationwide Mutual and two leading national insurance producer organizations are supporting a plan they say will make private windstorm insurance more affordable and available in coastal areas. Federal...
Insurance Agents, Travelers, Nationwide Urge Coastal Wind Policy
Aug 4 2008 // Travelers, Nationwide Mutual and two leading national insurance producer organizations are supporting a plan they say will make private windstorm insurance more affordable and available in coastal areas. Federal...
The Hartford Unveils National Coastal Home Insurance Plan
Jul 31 2008 // The Hartford Financial Services Group Inc. has proposed a far-reaching new plan – one that includes mandatory flood insurance, IRA-like catastrophe accounts, subsidized premiums for homeowners and a federal...
Coastal Texas Begins Clean-up After Hurricane Dolly
Jul 25 2008 // Residents in south Texas on the coast have begun the tough job of cleaning up at Hurricane Dolly slammed into the coast on Wednesday, July 23. On Thursday power lines were still down, but according to news reports, many...
State Farm Raises Rates for Coastal Alabama
Jul 25 2008 // Citing growth and hurricane threats on Alabama’s coast, State Farm will boost its homeowners insurance rates by 12 percent to 18 percent in Mobile and Baldwin counties. The Alabama Department of Insurance approved...
Insurance Agents, Travelers, Nationwide Urge Coastal Wind Policy
Jul 16 2008 // Travelers, Nationwide Mutual and two leading national insurance producer organizations are supporting a plan they say will make private windstorm insurance more affordable and available in coastal areas. Federal...
Insured Property Value in Coastal States to Double in 10 Years
Jul 7 2008 // In the past three years, the insured value of properties in coastal areas of the United States continued to grow at a compound annual growth rate of just over 7 percent, according to a new report released by AIR Worldwide...
Insured Property Value in Coastal States to Double in 10 Years
Jul 7 2008 // In the past three years, the insured value of properties in coastal areas of the United States continued to grow at a compound annual growth rate of just over 7 percent, according to a new report released by AIR Worldwide...
