coastal property News

500-Plus Oceanfront Homes in Florida Still at Risk Months after Matthew

Officials estimate over 500 oceanfront homes remain at risk months of Hurricane Matthew swept past northeast Florida’s coastline. According to the St. Augustine Record, St. Johns County officials say all 42 miles of county beaches suffered erosion from the Category …

Frontline Introduces Coastal Rental Home Insurance in South Carolina

Frontline Insurance has launched a new rental home insurance product for owners of rental property in South Carolina. The coverage protects non-owner occupied properties in coastal areas and offers protection from fire damage and the owner from legal liability. Coastal …

Texas Windstorm Insurance Rates to Rise Again in January

The board of Texas insurer of last resort for wind and hail along the Texas coast voted at its August meeting to raise premium rates beginning in January 2014. The Texas Windstorm Insurance Association board of directors voted to file …

Frontline Insurance Approved for Coastal Homeowners in Delaware

Frontline Insurance, a provider of coastal homeowners coverage, is now licensed in Delaware. Frontline already operates in Florida and South Carolina and recently announced a new coverage program for Alabama residents, including wind and flood all in one package. A …

New Homeowners Insurance Program Available to Coastal Residents in Alabama

Frontline Homeowners Insurance, a coastal-focused insurer, is now offering wind and flood coverage to Alabama residents with coastal properties in Mobile and Baldwin Counties. Frontline Homeowners Insurance offers a contractors assist program as part of its coverage, which manages the …

Texas Lawmaker Scolds Insurance Industry over Coastal Coverage

A state senator in Texas is taking the insurance industry to task for what he perceives as its disinterest in coming up with new approaches to solving coastal windstorm insurance issues. In a Senate committee meeting on March 12, Sen. …

LSU Gets $1.5M to Study Sustainability of Louisiana Coast

Louisiana State University has been awarded $1.5 million from the National Science Foundation to investigate whether southern coastal Louisiana has reached the tipping point, becoming too costly to sustain. The interdisciplinary research project will investigate the sustainability of coastal communities …

New York City at Greatest Financial Risk from Hurricanes: CoreLogic

When people think of hurricane damage they usually think of Miami or New Orleans, but a new report suggests the greatest financial risk of all may be much farther north: the greater New York City area. Data analysis firm CoreLogic …

Florida Battles Over Beach Erosion, Costs of Replenishment

The St. Joseph Peninsula is picture-perfect Florida: 17 miles of sugar sand beach interrupted by a few clusters of homes, each with a million-dollar view of the Gulf of Mexico. But according to state officials, the peninsula on Florida’s Panhandle …

State Farm Raises Rates on Alabama Inland Homes

For the second time in three years, one of the largest homeowners in Alabama has indicated it will not raises rates along the coastline in lieu of a statewide average five percent increase on inland properties. State Farm announced that …