Latest Coastal Headlines
All the headlines from our Coastal Topic Page, ordered by recency.
University in South Carolina Awarded $25K to Study Climate Change on State’s Coast
Sep 29 2016 // College students will be working to gauge the impact of climate change along the South Carolina coast, one of the fastest-growing areas in the nation. The Sun News reports that Coastal Carolina University has received a...
Coastal American Insurance Rolls Out Private Flood Endorsement in Mississippi
Sep 8 2016 // Coastal American Insurance Co. has introduced a combined wind and flood insurance policy for policyholders in Mississippi. The new private flood endorsement is designed to eliminate disputes over concurrent causation,...
Florida Approves Nearly 70K Citizens Policies for November Take-Outs
Sep 7 2016 // The Florida Office of Insurance Regulation (OIR) has approved the following companies to participate in the November Citizens Property Insurance Corp. take-out period. The total number of policies approved is...
Earth Gains Coastal Land Areas as Man-Made Expansion Outpaces Sea Level Rise
Aug 29 2016 // The Earth has gained coastal land equivalent to the size of Jamaica in the past 30 years with man-made construction outpacing erosion caused by rising sea levels, mapping data showed on Thursday [Aug. 25]. Expansion of...
Florida Insurers UPC Insurance, American Coastal Insurance Enter Merger Agreement
Aug 18 2016 // United Insurance Holdings Corp. (UPC Insurance), a property and casualty insurance holding company, has entered into a merger agreement with RDX Holding, LLC, the parent of American Coastal Insurance Co. (ACIC or American...
Louisiana Politicians Join Suits Blaming Big Oil for Coastal Ruin
Aug 9 2016 // The oil industry has left a big footprint along the Gulf Coast, where a Delaware-sized stretch of Louisiana has disappeared. But few politicians would blame Big Oil for ecosystem abuse in a state where the industry employs...
Alabama’s Coastal Insurance Shopper’s Guide
Aug 8 2016 // The Alabama Center for Insurance Information & Research (ACIIR), in partnership with Smart Home America and the Coastal Alabama Partnership, has released a new Alabama Coastal Insurance Shopper’s Guide to help...
Survey: Louisianans’ Views on Insurance Depend on Where They Live
Aug 4 2016 // Those who live inland and those who live along Louisiana’s coast differ in their viewpoint of homeowners and renter’s insurance, according to a new survey of registered Louisiana voters. The survey by NORC...
Florida Approves September, October Take-Outs of More Than 40K Citizens Policies
Aug 3 2016 // The Florida Office of Insurance Regulation (OIR) has approved a total of 40,650 personal lines, commercial lines, and coastal account policies from the following companies to participate in the September and October...
Coastal Insurer UPC’s First Catastrophe Bond Provides It with $100M Cover
Jul 25 2016 // Swiss Re Capital Markets said it has structured and placed $100 million of insurance-linked securities (ILS) that cover named storms and earthquakes affecting certain coastal states of the U.S. The bonds have been issued...
Alabama Releases Insurance Guide for Coastal Residents
Jul 22 2016 // The Alabama Center for Insurance Information & Research (ACIIR) in partnership with Smart Home America and the Coastal Alabama Partnership has released its new Alabama Coastal Insurance Shopper’s Guide to help...
Coastal Insurer UPC’s First Catastrophe Bond Provides It with $100M Cover
Jul 8 2016 // Swiss Re Capital Markets said it has structured and placed $100 million of insurance-linked securities (ILS) that cover named storms and earthquakes affecting certain coastal states of the U.S. The bonds have been issued...
South Carolina Commissioner Farmer: Lessons from Historic Floods
Jun 6 2016 // South Carolina’s coastal property insurance market is strong, but the state’s significant catastrophe risk remains an ongoing threat and not one that should be taken lightly. That is the message South Carolina...
South Carolina Insurance Head Talks Lessons Learned After Historic Flood
May 31 2016 // This aerial photo show flooding around homes in the Carolina Forest community in Horry County, between Conway and Myrtle Beach, S.C. The state was pummeled in early October by a historic rainstorm that caused widespread...
Texas’ Coastal Wind Insurer Expects $4.9B in Funds for 2016 Hurricane Season
May 27 2016 // While its reinsurance plans for the 2016 hurricane season haven’t yet been nailed down, Texas’ insurance company of last resort for wind and hail along the Texas coast expects to have around $4.9 billion in...
Louisiana Governor Wants Oil Industry to Pay for Coastal Restoration
May 23 2016 // Gov. John Bel Edwards is pushing to get the oil and natural gas industries to pay for restoring Louisiana’s fragile coast by encouraging them to settle lawsuits alleging they caused extensive damage to coastal...
The Nature Conservancy Looks to Address South Florida Climate, Catastrophe Risks
Apr 11 2016 // The Nature Conservancy has announced plans to work with catastrophe risk modeling firm RMS, as well as with the Global Disaster Preparedness Center and others, in an effort to address climate impacts in South Florida. The...
N.H. Report Recommends More Planning Against Coastal Hazards
Mar 21 2016 // A report says New Hampshire’s coastal communities’ exposure to future flood risks is significant, and now’s the time to plan to minimize that. The New Hampshire Coastal Risk and Hazards Commission spent 2...
Rural Coastal Counties Fear Economics of Battle Against Rising Seas
Mar 15 2016 // Tyrrell County sits just inland from North Carolina’s Outer Banks barrier islands. With 3,600 people living and farming along 400 square miles, it’s an ecologically rich enclave. It also ranks No. 1 among 319...
Pollution, Drought, El Niño Leading to Collapse of Florida’s Coastal Environments
Mar 15 2016 // Central Florida’s Indian River Lagoon, North Florida’s Apalachicola Bay and a trio of coastal estuaries in South Florida are in the throes of ecosystem collapses that threaten sea grass, fisheries, recreation...
