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Coastwide
Property

USA - Worsening climate disasters could spark insurance rate surges for millions: report

A growing number of homeowners are finding it difficult to afford insurance on their homes, a problem expected to worsen with impacts of climate disasters, a new report said.

Gulf of Mexico
Property

FL - Court rulings provide for transfer of beach property to three Blue Mountain Beach lot owners

(Walton County, FL) - Court judgments involving the owners of three Blue Mountain Beach parcels have provided for beach property south of their lots, extending to the mean high water line (MHWL), to become the property of those owners.

Southeast
Property

FL - Florida building code gains dwarfed by exposure growth: Swiss Re

Analysis from global reinsurance firm Swiss Re reveals that, while building code improvements in Florida have dramatically reduced the potential for insured losses from storms and hurricanes, that reduction is dwarfed by the huge gains in exposure in the state.

Northeast
Property

ME - Could Maine be the next victim of insurance companies dropping coverage due to severe weather?

A wave of insurance companies stopped covering Floridians this summer, saying the risk-exposure of hurricanes has grown too great. In the wake of storms like Lee, Mainers are wondering if they’re next.

Gulf of Mexico
Property

FL - Santa Rosa revised its development codes. What's changing about clear cutting - and what's not

The Santa Rosa County Land Development Code contains a whole set of guidelines governing the protection of trees, and a fairly extensive list of trees that are considered protected by county ordinance.

Coastwide
Property

USA - Climate change poses increasing threat for dead as cemeteries flood

A delicate hand points heavenward on the carved headstone marking the grave of Sarah Ewen Stewart, “at rest” in her scenic island location on Florida’s Gulf Coast for more than 145 years.

Gulf of Mexico
Property

Dirty work: How Hurricane Idalia sent 200 miles of storm surge down the west coast of Florida

When Hurricane Idalia collided with the rural Big Bend region of Florida at 7:45 a.m. on Aug. 30, it heaved nearly 10 feet of storm surge into the two nearest coastal towns, Steinhatchee and Cedar Key.

West Coast
Property

CA - Port of LA reveals draft connectivity plan for waterfront redevelopment

The reimagining of the Los Angeles Waterfront has been in the works since the turn of the century. With construction on the redevelopment well underway, the Port of Los Angeles last week released the first draft of its plan to better connect the area to other San Pedro neighborhoods and the region at large.

Gulf of Mexico
Property

FL - No Danger of Assessment: Florida Citizens Seeing Just 2,000 Claims from Idalia

Florida’s Citizens Property Insurance Corp. has so far seen just about 2,000 claims from Hurricane Idalia, well below the threshold that would exhaust the carrier’s personal lines surplus and trigger a surcharge on policyholders, officials said this week.

West Coast
Property

CA - California Lawmakers Failed to Fix the Insurance Market. So What Comes Next?

As a string of last-minute deals surfaced this week before tonight’s end of the legislative session, one highly anticipated proposal was not among them — a plan to keep insurance companies in California even as the financial risk from wildfires grows.

Coastwide
Property

USA - California and Florida grew quickly on the promise of perfect climates in the 1900s – today, they lead the country in climate change risks

Images of orange groves and Spanish-themed hotels with palm tree gardens filled countless pamphlets and articles promoting Southern California and Florida in the late 19th century, promising escape from winter’s reach.