Coastal News

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Florida, Virginia Among Top Coastal States in Insurance Safety Rating of Building Codes

Jun 4 2021 // Florida has again taken the top spot for strongest building code with Virginia right behind in second place. That’s according to the 2021 edition of the Insurance Institute for Business & Home Safety (IBHS)...

SageSure, SURE to Add Coverage Options for Coastal Property in Texas

May 12 2021 // SageSure, a managing general underwriter and insurtech specializing in catastrophe-prone property markets, and SureChoice Underwriters Reciprocal Exchange (SURE), have partnered to expand insurance capacity for homeowners...

ShoreOne Appoints Hoover as CMO to Lead Coastal State Expansion Effort

Mar 19 2021 // ShoreOne has appointed Ben Hoover as chief marketing officer. Hoover will lead the marketing and distribution strategy for ShoreOne’s growth along the Atlantic Seaboard. Hoover, who has previous underwriting and...

Louisiana AG Backs $100M Deal in Freeport McMoRan Coastal Damage Suit

Mar 5 2021 // Attorney General Jeff Landry has said he’s backing a $100 million settlement between a dozen coastal parishes and mining corporation Freeport McMoRan to end a lawsuit over damage to Louisiana’s coastal...

Constellation Affiliated Acquires Coastal Insurance Underwriters, Cybercom of Florida

Dec 30 2020 // Constellation Affiliated Partners has acquired Florida-based MGU Coastal Insurance Underwriters and Cybercom. Financial terms of the transaction were not disclosed. Coastal Insurance Underwriters, founded by President and...

Comment Period on Coastal Texas Study Extended to Jan. 13

Dec 9 2020 // The public comment period on a state/federal study of needs and opportunities along the Texas coast has been extended for another month, according to the Texas General Land Office. The GLO and the U.S. Army Corps of...

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