All the headlines from our Coastal Topic Page, ordered by recency.
Jan 9 2012 // Connecticut insurance department amended its coastal underwriting guidelines last month to clarify when hurricane deductibles can be applied. Regulators have been working on making the changes in the wake of criticisms...
Dec 12 2011 // A joint committee of state lawmakers over the next year will be looking in to alternatives for providing property insurance along the Texas coast.Texas House Speaker Joe Straus, R-San Antonio, has announced Texas House...
Dec 2 2011 // Maryland Insurance Administration will hold a two-day quasi-legislative public hearing, on Dec. 13 and 14, to discuss the availability and affordability for personal and commercial P/C insurance in coastal areas.Several...
Nov 16 2011 // Florida residents living in high-value condominium buildings insured by the state’s government-run homeowners’ insurer could see their rates increase by 19 percent on average.Citizens Property Insurance Corp.,...
Oct 3 2011 // Alabama homeowners insured by the state’s property insurer of last resort are paying less after the insurer implemented its first rate decrease in three years.The Alabama Insurance Underwriting Association last month...
Sep 19 2011 // New York and New Jersey regulators said recently that hurricane deductibles should not apply on homeowners’ insurance policies for Irene damages in their states. That’s because Irene was downgraded and...
Sep 15 2011 // Alabama homeowners insured by the state’s property insurer of last resort are paying less after the insurer implemented its first rate decrease in three years.The Alabama Insurance Underwriting Association last month...
Sep 7 2011 // New York and New Jersey regulators said recently that hurricane deductibles should not apply on homeowners’ insurance policies for Irene damages in their states. That’s because Irene was downgraded and...
Aug 26 2011 // New Yorkers living in low-lying areas should think about moving out Friday before Hurricane Irene hits the city of 8.4 million people, Mayor Michael Bloomberg said on Thursday.The mass transit system might have to be shut...
Aug 25 2011 // Every property owner in North Carolina has a financial stake in the damage risk posed by Hurricane Irene, which could become the first to hit the state since a new method of paying for coastal storm damage allowed for...
Aug 24 2011 // Caught square in the path of Irene, the first major hurricane of the season, the coastal insurance plans in North and South Carolina are prepared to absorb what may be their first major losses in years.Both plans appear to...
Aug 1 2011 // As we make our way toward the midway point of the annual hurricane season, consumer questions regarding coastal properties are on the rise. Hurricanes make great TV. When you get past the hype that the media can bring to...
May 16 2011 // More than 1.8 million homes along the Gulf and Atlantic coasts are at great risk of being damaged by a hurricane, three times the number located in federally defined flood zones, according to a recently released report.The...
May 3 2011 // Coastal Risk Underwriters (CRU), a subsidiary of Insight Catastrophe Group, will begin writing homeowners insurance in Louisiana and 15 counties in Florida. CRU provides insurance capacity to large national and regional...
Apr 7 2011 // Alabama Governor Robert Bentley is creating a commission to address the rising cost of insurance for the state’s coastal homeowners. Bentley said the commission will be asked to make recommendations on how to make...
Mar 30 2011 // Laid back beach communities, fragile wetlands perfect for canoeing or kayaking, and iconic lighthouses come to mind when picturing North Carolina’s coast.In reality change is the norm along the coast, and although...
Mar 23 2011 // In the wake of Japan’s tsunami disaster, the National Oceanic and Atmospheric Administration (NOAA) is urging Americans who live and vacation at the coast to take the threat of tsunamis seriously. With more coastline...
Mar 7 2011 // Alabama Gov. Robert Bentley has renewed a campaign pledge to call a special session of the state Legislature to find a solution for coastal residents seeking homeowners insurance.“I have made a commitment, and...
Feb 22 2011 // Alabama Gov. Robert Bentley has renewed a campaign pledge to call a special session of the state legislature to find a solution for coastal residents seeking homeowners insurance.“I have made a commitment, and...
Jan 12 2011 // A handful of new insurers have entered the coastal markets of Alabama and Mississippi, offering options to some homeowners. Coastal American, PURE, American Strategic, Wilshire, Republic and Southern Fidelity may not...