coastal homeowners News

More N.J. Beach Homeowners File Suit to Block Sand Dunes

In the dead of winter, the dune wars are heating up at the Jersey shore. More oceanfront homeowners are going to court to try to block protective sand dunes from being built near their homes, on land they currently own. …

Massachusetts Bill Aimed at Reducing Impact of Flood Insurance Rules

Massachusetts lawmakers are considering a proposal aimed at softening the impact of new federal flood insurance rules on many coastal homeowners. The bill, backed by House Speaker Robert DeLeo and Attorney General Martha Coakley, is scheduled for debate on Wednesday. …

Citizens Seeking Increased Credit for Storm Season

As the peak of hurricane season approaches, the governing board for Louisiana’s property insurer of last resort agreed Wednesday to boost its bank line of credit, to give the company enough money to cover costs in case of a storm. …

Coastal Homeowners Stagger Under Insurance Cost

When Stan Virden moved into his 2,400-square-foot house overlooking a rock-lined canal in 1996, he paid less than $1,000 a year for homeowners insurance.Now, as he seeks to move to Atlanta to be near family, Virden says potential buyers for …

Louisiana Commissioner Opposes $100M Citizens Insurance Borrowing Plan

Louisiana Insurance Commissioner Jim Donelon said it’s premature for the state property insurer of last resort to borrow $100 million to help close a budget gap, according to a letter released March 19. Donelon’s assessment came after the board for …

Dunes vs. Property Rights in Storm-Battered New Jersey

The sand dune that ruined Harvey and Phyllis Karan’s view of the ocean allowed their beachfront home to see another day when Superstorm Sandy’s surge crashed ashore. They still want the $375,000 a court awarded them for the blocked sunrise, …