Latest Coastal Headlines

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

Fewer E&S Flood Insurance Policies in Texas Coastal Counties Post-Harvey

Jul 9 2019 // The organization that keeps track of excess and surplus policies sold in Texas says the number of E&S flood insurance policies in place in the state’s coastal counties declined after Hurricane Harvey hit in...

AIR Expands Europe Inland Flood Model, Updates UK Storm Surge Analysis

Jun 26 2019 // Catastrophe risk modeling firm AIR Worldwide announced it has released an expanded inland flood model for Central Europe to include the country of Poland in its model domain.AIR also announced that it has updated the storm...

Texas Windstorm Insurer Withdraws 10% Rate Increase Filing

May 28 2019 // Texas’ property insurer of last resort for wind and hail along the Texas coast voted at a May 24, 2019, meeting of its board of directors to withdraw a 10% rate increase filed last year that was subsequently put on...

Is Sea Rise Wrecking Coastal Home Values? The Answer: Maybe

May 20 2019 // For sale: waterfront property with sweeping views of the Atlantic Ocean. Waves erode beach regularly. Flooding gets worse every year. Saltwater damage to lawn.Asking price: anyone’s guess. Some research suggests...

North Carolina Survey: Many Coastal Homeowners Have No Plan to Mitigate Storm Damage

Apr 11 2019 // A majority of coastal homeowners have little to no intention of reducing their homes’ structural vulnerabilities, even though they live in areas frequently affected by damaging hurricanes and flooding and their homes...

SageSure, IMF Partner on Texas Coastal Homeowners Insurance Product

Apr 3 2019 // Residential property managing general underwriter, SageSure Insurance Managers has partnered with Independent Mutual Fire Insurance Company (IMF) on a homeowners product in Texas, with plans to expand to additional coastal...

Cabrillo Coastal Launches Flood Endorsement for South Carolina Homeowners

Apr 2 2019 // Cabrillo Coastal General Insurance Agency has launched a flood endorsement for new or existing Safe Harbor Homeowners policies in South Carolina.The coverage, according to Cabrillo, was built from a different rating...

New Orleans Sues Energy Firms Over Coastal Erosion

Apr 1 2019 // The City of New Orleans is suing various oil and gas companies over coastal erosion.Mayor Latoya Cantrell on Friday announced the lawsuit, which alleges that pipeline work has caused massive damage to Louisiana’s...

A Mix of Flood Insurance Reforms

Apr 1 2019 // The federal flood insurance program has a knack for inspiring ideas from reformers across the political spectrum on how to improve government.If some of today’s reformers get their way, flood insurance will become a...

California Commissioner Yet to Move on Petition from Climate Activists for More Insurer Regs

Mar 28 2019 // Nobody’s saying much as California Insurance Commissioner Ricardo Lara considers how he will respond to a petition submitted by climate change activists urging him to place new regulations on insurers to disclose...

Conservation, CarFax-Like Disclosure, Means-Test in Mix of Flood Insurance Reforms

Mar 21 2019 // The federal flood insurance program has a knack for inspiring ideas from reformers across the political spectrum on how to improve government.If some of today’s reformers get their way, flood insurance will become a...

For New Governors, Natural Disasters Will Be Necessary Priority

Jan 21 2019 // Even Governors Skeptical of Climate Change Can’t Avoid Need to Plan for Future Storms, FiresGovernors have a range of priorities they want to tackle in the coming year, from tax reform to education. Yet, one topic...

Cabrillo Coastal Launches Flood Coverage for Dwelling Fire Policies in Florida

Jan 17 2019 // Cabrillo Coastal General Insurance Agency launched a flood endorsement for new or existing dwelling fire policies for its admitted program in Florida.The coverage follows Cabrillo Coastal’s launch of a flood...

Not all Texas Coastal Residents on Board with Proposed Storm Barrier

Dec 18 2018 // A proposed Texas coastal barrier is drawing backlash from some Gulf Coast residents and the state’s land commissioner wants more time for property owners to voice concerns.The plan is designed to protect the Texas...

New Virginia Building Code Could Alter Coastal Neighborhoods

Nov 30 2018 // A regulation in Virginia’s new building code could alter the look and feel of some neighborhoods near the state’s coast in the coming decades.The Virginian-Pilot reported Tuesday that the change will impact...

Managing Natural Disasters Becomes Priority for Nation’s Governors

Nov 28 2018 // Governors have a wide range of priorities they want to tackle in the coming year, from tax reform to education. Yet it’s a topic that receives less attention on the campaign trail and in their speeches that could...

Researchers Raise Concerns About Texas Coastal Barrier Plan

Nov 14 2018 // Rice University researchers are concerned about the Army Corps of Engineers and the Texas General Land Office’s preferred $31 billion proposal to protect the Houston-Galveston region from devastating storm surge.A...

Climate Groups Warn About Virginia Tax Cut for Homes in Flood-Prone Areas

Nov 9 2018 // A measure approved by Virginia voters this week to cut taxes on homes in flood-prone areas of the flood-prone commonwealth has climate experts warning that it might encourage people to remain in vulnerable areas –...

Officials Propose Texas Coastal Protection Plan

Nov 5 2018 // State and federal officials on Oct. 26 recommended a plan to protect the Texas coast from hurricanes — particularly the Houston area — with a barrier system made up of floodwalls, floodgates and seawall...

Army Corps, Texas Officials Propose Sweeping Hurricane Protection Plan

Oct 26 2018 // Following years of research, studies and public debate, the U.S. Army Corps of Engineers — in partnership with the state’s General Land Office — has recommended a multi-billion-dollar project that would protect...