All the headlines from our Coastal Topic Page, ordered by recency.
Jan 17 2020 // Coastal Insurance Underwriters, Inc., a Ponte Vedra Beach Florida based MGU and program administrator, acquired the assets of Cybercom International Corp. on Jan. 2, 2020.Cybercom International Corporation, Inc. (CIC) was...
Jan 15 2020 // Ponte Vedra Beach, FL, January 15, 2020 – Coastal Insurance Underwriters, Inc. (Coastal), a Ponte Vedra Beach Florida based MGU and program administrator, announced the acquisition of Cybercom International...
Dec 27 2019 // A company has agreed to pay the state of Georgia $4 million for environmental cleanup of a former chemical plant.The Brunswick News reports Honeywell International has filed the settlement with the state Department of...
Dec 9 2019 // More property owners in coastal Georgia’s largest county will be billed for fire protection after a change by a local fire department.Chatham Fire Department provides fire protection in unincorporated areas outside...
Nov 27 2019 // The U.K. economy could face hits of more than 12 billion pounds ($15.4 billion) a year by 2050 from coastal damages alone if no action is taken to combat climate change, according to the WWF.The calculations — made...
Nov 22 2019 // The U.S. government’s oceans and waterways agency will provide $30 million to improve coastal resilience, officials said, aiming to reduce the impacts of worsening storms, flooding and rising seas in nearly half of...
Nov 15 2019 // Texas’ property insurer of last resort for wind and hail in counties along the Gulf Coast is finding itself once again between a rock and a hard place — or perhaps more appropriately, between a hurricane and a...
Nov 4 2019 // More than 7 million Texans live in Texas coastal areas that are vulnerable to hurricanes, according to an insurance industry-backed research and communications organization.A survey of cities and counties along the Texas...
Oct 31 2019 // Velocity Risk Underwriters, LLC, has expanded its home insurance products to include coastal homeowners policies in New Jersey. According to Jose de Diego, director of Independent Agencies, New Jersey is the sixth state...
Oct 29 2019 // Lafayette, Louisiana-based Gulf States Holdings Inc. has acquired Coastal American Holdings Inc. and its subsidiary Coastal American Insurance Co. Coastal American’s home office is located in Gulfport, Miss.Terms of...
Oct 23 2019 // Velocity Risk Underwriters LLC has expanded its home insurance products and now offers coastal homeowners policies in New Jersey. This makes New Jersey the sixth state where the company offers homeowners insurance to...
Oct 21 2019 // A detailed review of coastal Texas building codes revealed gaps that could leave homeowners at risk if mitigation efforts are not sought as nearly one-third of Texans live in the coastal counties.The Insurance Institute...
Oct 21 2019 // Believing in climate change has no effect on whether coastal homeowners are protecting their homes from climate change-related hazards, according to a study from the University of Notre Dame.Funded by Notre Dame’s...
Oct 8 2019 // Believing in climate change has no effect on whether coastal homeowners are protecting their homes from climate change-related hazards, according to a new study from the University of Notre Dame.Funded by Notre...
Sep 30 2019 // Lawyers representing coastal Louisiana parishes have negotiated their first settlement with one of the oil and gas companies accused of damaging the state’s coast.The settlement is with Freeport McMoRan Inc. and its...
Aug 19 2019 // Arch Insurance North America has agreed to acquire Ventus Risk Management, a technology and analytics-driven managing general underwriter that specializes in providing coastal commercial property insurance solutions to...
Aug 6 2019 // The value of coastal exposures along the Atlantic and Gulf coasts have experienced a compound annual growth rate of about 4% over the past decade, according to catastrophe risk modeling firm AIR Worldwide.AIR released its...
Jul 30 2019 // For about a decade, two of Texas’ top universities have pushed dueling plans to protect the Houston-Galveston region from hurricanes.A concept championed by Texas A&M University at Galveston appears to be winning...
Jul 26 2019 // On an exclusive Connecticut peninsula, where signs warn outsiders to stay off private roads, eight multimillion-dollar homes with sprawling yards along the Long Island Sound are poised to become eligible for...
Jul 11 2019 // Coastal communities across the U.S. again experienced increased high tide flooding last year, forcing their residents to deal with flooded shorelines, streets and basements. The elevated water levels affected coastal...