Latest Coastal Headlines

All the headlines from our Coastal Topic Page, ordered by recency.

Hurricane and Political Seasons Stir Up National Cat Plan Proposals

Sep 22 2008 // Neither Gustav nor Ike walloped the property/casualty insurance industry the way Katrina did but there is still concern in insurance and reinsurance circles over the cumulative effect of catastrophe losses.According to...

South Carolina Coastal Risk Conference Garners Insurer Support

Sep 18 2008 // The American Insurance Association is participating in this week’s conference “Out of the Storm: Confronting America’s Catastrophic Risk Crisis,” organized by the South Carolina Department of...

Lloyd’s, RMS Coastal Flood Study Urges Adapting to Changing Conditions

Sep 10 2008 // A new report published by Lloyd’s, as part of its “360 project,” and Risk Management Solutions (RMS), warns that “without adaptation, insurance losses from coastal flooding for high-risk properties...

Alabama Beach Pool Reports Progress on Coastal Insurance Issues

Sep 4 2008 // The Alabama Insurance Underwriting Association, a.k.a. the Beach Pool, released a progress report on a series of coastal insurance recommendations made by a state task force following Hurricane Ivan in 2004. The 20-member...

Insurers Seek Study of North Carolina Beach Plan’s Finances

Sep 1 2008 // Insurers are calling upon the the North Carolina Insurance Underwriting Association, known as the Beach Plan, to release its financial information to allow consumers, lawmakers and insurers to begin working on long-term...

Lloyd’s, RMS to Release Global Coastal Flood Report

Aug 25 2008 // Lloyd’s and Risk Management Solutions will publish a new report on coastal flooding on Tuesday, Sept. 9 in conjunction with the Reinsurance Rendezvous in Monte Carlo.Lloyd’s said the report looks specifically...

Insured Property Value in Coastal States to Double in 10 Years

Aug 21 2008 // In the past three years, the insured value of properties in coastal areas of the United States continued to grow at a compound annual growth rate of just more than 7 percent, according to a new report released by AIR...

Insurers, Agents Urge Coastal Wind Policy from Texas to Maine

Aug 4 2008 // Travelers, Nationwide Mutual and two leading national insurance producer organizations are supporting a plan they say will make private windstorm insurance more affordable and available in coastal areas.Federal legislation...

Insurance Agents, Travelers, Nationwide Urge Coastal Wind Policy

Aug 4 2008 // Travelers, Nationwide Mutual and two leading national insurance producer organizations are supporting a plan they say will make private windstorm insurance more affordable and available in coastal areas.Federal legislation...

Insurance Agents, Travelers, Nationwide Urge Coastal Wind Policy

Aug 4 2008 // Travelers, Nationwide Mutual and two leading national insurance producer organizations are supporting a plan they say will make private windstorm insurance more affordable and available in coastal areas.Federal legislation...

The Hartford Unveils National Coastal Home Insurance Plan

Jul 31 2008 // The Hartford Financial Services Group Inc. has proposed a far-reaching new plan – one that includes mandatory flood insurance, IRA-like catastrophe accounts, subsidized premiums for homeowners and a federal...

Coastal Texas Begins Clean-up After Hurricane Dolly

Jul 25 2008 // Residents in south Texas on the coast have begun the tough job of cleaning up at Hurricane Dolly slammed into the coast on Wednesday, July 23. On Thursday power lines were still down, but according to news reports, many...

State Farm Raises Rates for Coastal Alabama

Jul 25 2008 // Citing growth and hurricane threats on Alabama’s coast, State Farm will boost its homeowners insurance rates by 12 percent to 18 percent in Mobile and Baldwin counties.The Alabama Department of Insurance approved the...

Insurance Agents, Travelers, Nationwide Urge Coastal Wind Policy

Jul 16 2008 // Travelers, Nationwide Mutual and two leading national insurance producer organizations are supporting a plan they say will make private windstorm insurance more affordable and available in coastal areas.Federal legislation...

Insured Property Value in Coastal States to Double in 10 Years

Jul 7 2008 // In the past three years, the insured value of properties in coastal areas of the United States continued to grow at a compound annual growth rate of just over 7 percent, according to a new report released by AIR Worldwide...

Insured Property Value in Coastal States to Double in 10 Years

Jul 7 2008 // In the past three years, the insured value of properties in coastal areas of the United States continued to grow at a compound annual growth rate of just over 7 percent, according to a new report released by AIR Worldwide...

Insured Property Value in Hurricane-Prone States to Double in 10 Years

Jun 17 2008 // In the past three years, the insured value of properties in coastal areas of the United States continued to grow at a compound annual growth rate of just over 7 percent, according to a new report released by AIR Worldwide...

South Carolina Insurance Department to hold Coastal Insurance Session

Jun 12 2008 // Director Scott Richardson and staff from the South Carolina Department of Insurance will meet with Charleston area residents to discuss coastal insurance issues on June 12 to discuss the status of the state’s coastal...

State Farm to Drop Coastal Policies, Raise Rates in Mississippi

Jun 12 2008 // The State Farm Fire and Casualty Co. filed intentions with the Mississippi Insurance Department to non-renew all Mississippi homeowners policies for customers living within 1,000 feet of the Gulf of Mexico.State Farm...

Coastal Growth from Texas to N.C. Lends Urgency to Hurricane Forecasts

Jun 2 2008 // The rapid pace of development along hurricane-prone coasts is adding a new level of urgency for forecasters to more accurately pinpoint potential storm impact zones, the director of the National Hurricane Center...