coastal homes News

New Zealand Climate Plan Includes Relocating Some Homes

WELLINGTON, New Zealand (AP) — New Zealand’s government on Wednesday released its first-ever climate adaptation plan, which includes the possibility of moving some communities to higher ground. But the six-year plan, which runs nearly 200 pages, comes up short on …

Study Finds Owners of Unprotected Coastal Homes Don’t Intend to Retrofit

New research from the University of Notre Dame shows that many coastal homes have significant structural vulnerabilities that leave homeowners and their homes largely unprotected from storms. Additionally, the majority of coastal homeowners have little to no intention of reducing …

Coastal Growth in U.S Continues Despite Past Storm Lessons

Rising sea levels and fierce storms have failed to stop relentless population growth along U.S. coasts in recent years, a new Associated Press analysis shows. The latest punishing hurricanes scored bull’s-eyes on two of the country’s fastest growing regions: coastal …

Rising Seas Threaten Coastal Homes to the Tune of $882B

When talking about housing, “underwater” usually means you owe more on a mortgage than the home is actually worth. If climate change continues apace, that term could take on a much more literal meaning. Rising sea levels could soak homeowners …

More Than 6.6M Homes at Risk of Hurricane Storm Surge Damage This Year

With more than 6.6 million homes on the Atlantic and Gulf coasts at risk of hurricane storm surge in 2015, CoreLogic, a global property information, analytics and data-enabled services provider, estimates the total reconstruction cost value (RCV) at nearly $1.5 …

Luck Running Out for Those Living in Hurricane Zones

For millions of Americans living in hurricane zones on the Gulf and East coasts, recent decades have been quiet – maybe too quiet. Cities like Tampa, Houston, Jacksonville and Daytona Beach historically get hit with major hurricanes every 20 to …

Flood Insurance Premiums Vary for New Jersey Residents

If flooding were a real concern for Taylor Rambo, he says he wouldn’t have built a bar in his basement. Yet he pays about $2,700 each year for flood insurance that he is required to have as part of his …

Bill to Delay Flood Insurance Hikes Likely to Pass in a Few Days

Bipartisan legislation that would delay flood insurance premium hikes for hundreds of thousands of people living in coastal and low-lying areas cleared its first hurdle in the Senate on Monday. The 86-13 vote demonstrated that the measure had filibuster-proof support …

Citizens Raising Homeowner Insurance Rates in Louisiana

East Baton Rouge Parish homeowners who buy coverage from Louisiana Citizens Property Insurance Corp. would see rates increase an average of 9.9 percent while wind-only policies would jump by 17.1 percent under a proposed rate filing. Statewide, Citizens personal lines, …

Alabama’s Coastal Counties Getting FEMA Grant

Alabama is getting a federal grant to help homeowners in the state’s two coastal counties retrofit their homes against wind damage. State officials and officials from Mobile and Baldwin County are scheduled to announce the grant Friday morning in Mobile. …