Coastal News
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Valent Group Acquires Coastal Professional Insurance in Alabama
Aug 4 2023 // Birmingham-based Valent Group, an insurance brokerage and risk management firm, has acquired Coastal Professional Insurance Inc., an independent agency in Mobile, Alabama. Coastal, or CPI, has been in the business for...
After UPC Insolvency, Parent Company Rebrands to American Coastal Insurance
Aug 1 2023 // Six months after its namesake insurance carrier was deemed insolvent, United Insurance Holdings is rebranding itself in the name of its surviving insurer, as American Coastal Insurance Corp. The St. Petersburg,...
Map Tool Gives Grim Look at Sea Level and Flood Impact on Coastal Areas
Jul 24 2023 // Many of the lowest-lying coastal areas of the Southeastern United States, including some heavily populated parts of Florida, will be subject to increased annual flooding in less than 30 years, according to scenarios mapped...
Coastal Construction, Rising Replacement Values Contribute to Costly Hurricane Claims
Jul 21 2023 // Insured losses from hurricanes have risen steadily over just the past 15 years, with nine of the 10 costliest hurricanes in U.S. history occurring since 2005, according to the Insurance Information Institute...
Alabama High Court Declines to Lift Injunction Blocking Coastal Bridge
Jun 9 2023 // A divided Alabama Supreme Court on Friday declined to lift a preliminary injunction blocking construction of a new coastal bridge. Justices in a 5-3 decision declined the emergency request from the Alabama Department of...
Storm Batters Maine Coastal Communities
Oct 17 2022 // A storm packing strong winds and heavy rain lashed the New England coast on Friday with the greatest impact in Maine, where more than 100,000 homes and businesses lost power. The storm brought a gust of 72 mph (116 kph),...
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