All the headlines from our Coastal Topic Page, ordered by recency.
Aug 14 2009 // The keys to holding down insurance premiums on the Alabama coast are strong enforcement of building codes, proper land use and mitigating homes against future disasters, Mississippi Insurance Commissioner Mike Chaney told...
Aug 10 2009 // For the fourth year in a row insurance spokesmen will team with meteorologists from the National Weather Service and independent insurance agents to warn Texas coastal residents of the potential dangers of hurricanes. This...
Jul 30 2009 // During the recently completed 81st Legislative Session, the Texas legislature adopted the most significant reforms to the Texas Windstorm Insurance Association (TWIA) since 1997 with the passage of House Bill 4409 (HB...
Jul 13 2009 // A North Carolina House committee seeking a fix for an underfunded coastal insurance program has backed cutting the current coverage maximum of $1.5 million per home by half.The House Finance Committee rejected a bid to...
Jul 6 2009 // As Florida has been confronting its state’s underfunding for catastrophes, North Carolina is also grappling with how to fill the gap between potential liabilities and available monies for its market of last resort...
Jun 29 2009 // North Carolina legislators started grappling last week with how to beef up the state-created but underfunded insurance program for coastal property, and immediately confronted the possibility that all of the state’s...
Jun 24 2009 // Every insured homeowner in North Carolina could shoulder the cost of rebuilding if a massive hurricane hits under a deal taking shape in the Legislature.The legislation (HB1305), expected to be detailed in a House...
Jun 4 2009 // Melville, New York-based managing general agent WKF&C Agency Inc. if offering an expanded coastal wind facility for E&S property lines in four New England states.The expansion adds extra capacity for risks...
Jun 3 2009 // Palisades Safety and Insurance Management Corp. and Narragansett Bay Insurance Co.(NBIC) have entered into an agreement allowing NBIC to offer coastal home insurance renewal quotes to former customers of Proformance...
Jun 1 2009 // As the 2009 hurricane season arrives, many homeowners are finding insurance is either more expensive, or harder to get.Homeowners from New York to Florida and in the Gulf Coast region are again seeing premiums rise and...
May 21 2009 // As it girds for hurricane season, Texas has plenty to worry about. The Texas Windstorm Insurance Association (TWIA) – which provides coverage for high risk coastal properties – has ended up at the brink of...
Apr 30 2009 // A Wake County judge has cleared the way for homeowners insurance rates to drop in nearly three dozen western North Carolina counties and soar along the coast starting Friday.Superior Court Judge Ronald Stephens this week...
Apr 23 2009 // Homeowners in 18 coastal North Carolina counties whose homes are insured by a state-backed insurance pool shouldn’t expect a delay of higher rates taking effect May 1.A powerful state legislator said a comprehensive...
Apr 23 2009 // A coalition of insurers, public officials, risk experts, builders and conservation groups introduced a blueprint of policy changes and common sense actions that could reduce economic losses from future storms and rising...
Apr 15 2009 // Chubb Personal Insurance has notified its agents it is no longer including wind coverage in Masterpiece homeowners insurance policies for new customers in 14 Southeast and Southwest coastal counties in Florida.The insurer,...
Apr 6 2009 // A Wake County judge has ordered North Carolina Insurance Commissioner Wayne Goodwin to reconsider deductible and surcharge increases for coastal homeowners in the state insurance pool called the Beach Plan.Wake County...
Mar 25 2009 // A Wake County judge has ordered new North Carolina Insurance Commissioner Wayne Goodwin to reconsider deductible and surcharge increases for coastal homeowners in the state insurance pool called the Beach Plan.Wake County...
Mar 12 2009 // Coastal insurance bills face a test in the Alabama Legislature.The House and Senate Banking and Insurance committees met in joint session on Wednesday to take up legislation aimed at providing relief to homeowners along...
Mar 10 2009 // Rep. Gene Taylor, D.-Miss., isn’t letting opposition by major insurance companies keep him from pushing his plan to make wind coverage for properties available through the federal flood insurance...
Mar 9 2009 // Legislative efforts to freeze insurance rate increases for coastal homeowners risk making policies less available and more costly for all state residents, North Carolina’s new insurance commissioner has warned.Such...