All the headlines from our Coastal Topic Page, ordered by recency.
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...
Feb 25 2009 // Legislative efforts to freeze big insurance rate increases for coastal homeowners risk making policies less available and more costly for all state residents, North Carolina’s new insurance commissioner said.Such...
Jan 23 2009 // North Carolina’s state-sanctioned property insurance program at the coast should reduce its maximum property policy coverage to relieve its potential liability in a massive hurricane, a legislative study committee...
Jan 11 2009 // North Carolina Insurance Commissioner Jim Long has agreed to permit homeowners insurance companies to hike their rates an overall statewide average of 4.05 percent beginning May 1.This is below the statewide increase than...
Jan 5 2009 // 2008 can be described as a year like no other in the property/casualty insurance world. This year we saw the near death of the world’s largest and most successful insurance company, AIG. The soft market continued to...
Dec 21 2008 // 2008 can be described as a year like no other in the property/casualty insurance world. This year, the industry witnessed the near death of the world’s largest and most successful insurance company, AIG. The soft...
Dec 18 2008 // A weak earthquake shook parts of the South Carolina coast Tuesday, tipping over people’s Christmas trees, knocking pictures off walls and causing minor injuries.The temblor with a preliminary magnitude of 3.6 was...
Dec 3 2008 // Property/casualty insurers are urging North Carolina officials to impose surcharges on policies in the state’s residual market property insurer, the Beach Plan, and take other financing and mitigation steps to...
Nov 30 2008 // Alabama Gov. Bob Riley’s new insurance commissioner said the administration is considering its options to help coastal property owners struggling with high premiums and lost coverage in the wake of hurricanes,...
Nov 30 2008 // On Nov. 4, Democrat Wayne Goodwin won election as North Carolina Insurance Commissioner with 52 percent of the vote, succeeding 24-year veteran Jim Long. Goodwin campaigned on his experience. He is a former four-term...
Nov 30 2008 // Connecticut Insurance Commissioner Thomas Sullivan considers himself something of an insider when it comes to the insurance industry – after all, he spent 20 years at The Hartford. And maybe it’s because he...
Nov 20 2008 // County commissioners in Alabama’s Baldwin County have voted to endorse the concept of “captive insurance” in the hopes of helping the struggling construction industry on Alabama’s Gulf...
Nov 14 2008 // Gov. Bob Riley’s new insurance commissioner said the administration is considering its options to help coastal property owners struggling with high premiums and lost coverage in the wake of hurricanes, including...