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Gulf of Mexico
Property

FL - Climate change is a fiscal disaster for local governments − our study shows how it’s testing communities in Florida

With its densely built coastline and economic and fiscal reliance on development, Florida is an extreme case of how climate change threatens both the built environment and urban land governance. We conducted one of the first statewide assessments of how sea level rise will affect Florida’s municipal revenues.

Coastwide
Property

USA - Climate destruction fuels growing sector of the U.S. economy

The overall price tag of global warming has long been the subject of debate. New data from Bloomberg Intelligence has put a number on the cost of burning fossil fuels.

Southeast
Property

FL - Why is THIS Florida city a 'safe haven' from hurricanes while others in the state struggle to insure their storm-battered properties?

In the wake of the damage Hurricane Idalia walloped Florida with, residents in the city of Ocala remain thankful their area remains a relative 'safe haven' through the Sunshine State's stormy weather.

Gulf of Mexico
Property

FL - One Year Later: Fort Meyers Beach Rebuilds After Hurricane Ian

Last week marked one year since Hurricane Ian wreaked havoc on Florida, particularly its coastal communities.

Southeast
Property

FL - New study warns of ‘climate insurance bubble.’ Is that driving costs up in Florida?

Florida already has deep property insurance problems. Rates are skyrocketing for tens of thousands of homeowners.

Gulf of Mexico
Property

AL - THE ALABAMA DEPARTMENT OF INSURANCE LAUNCHES THE OFFICE OF RISK AND RESILIENCE

The Alabama Department of Insurance announces the launch of the Office of Risk and Resilience, an office dedicated to writing the future of mitigating various types of risk and keeping Alabama first in the nation in protecting residents and their property safe from severe weather.

Mid-Atlantic
Property

NC - Nationwide won't renew more than 10,000 homeowner policies in North Carolina

More than 2,000 policies written in the northeastern part of the state are being non-renewed, including 838 in Dare County, due to weather-related losses.

Northeast
Property

RI - Second Lawsuit Challenges New Shoreline Access Law

WAKEFIELD, R.I. — Just one week after a federal judge tossed out the first legal challenge to the state’s shoreline access law, a new lawsuit has been filed in Washington County Superior Court.

Southeast
Property

FL - Florida’s population boom drives bigger hurricane losses, despite tougher building codes

MIAMI — Florida leads the nation in strict building codes, and the decades of hard work have paid off in the increasing number of homes and buildings that survive each time a hurricane slashes the state.

Great Lakes
Property

IL - After billionaire leveled lakefront bluffs, Chicago suburb considers whether to regulate, protect them

CHICAGO — The Winnetka, Illinois, Village Council hosted a study session to consider enacting regulations for bluff and steep slope construction and destruction after residents raised concerns about billionaire Justin Ishbia removing bluffs from his lakefront property.

Southeast
Property

FL - ‘Urban renewal by God’

Hurricane Ian destroyed what used to be. What will tomorrow look like?

Gulf of Mexico
Property

FL - Despite difficulties, construction is booming in Southwest Florida

The Big Three, Plus One: Home builders Lennar, Pulte Homes and D.R. Horton—nicknamed “the Big Three”—continue to dominate in Southwest Florida. But they are running out of land on which to build in Lee County, other than off Corkscrew Road, where thousands of homes are already being planned and built. That means the strategy for the future shifts to Charlotte County, said Darin McMurray, the regional vice president for Lennar.

Gulf of Mexico
Property

LA - Louisiana citrus farmers are seeing a mass influx of salt water that could threaten seedlings

BATON ROUGE, La. (AP) — Commercial citrus growers have dwindled over the past few decades in south Louisiana, where farmers have had to battle hurricanes, flooding, invasive insects, freezes and drought to keep their groves alive.

Northeast
Property

ME - Moody Beach access: Group urges Wells ME to join public access fight

WELLS, Maine — Members of a local group are asking the town to partner with them in ongoing efforts to increase public access to Moody Beach, particularly in the areas where seaside property owners restrict the uses by others of the intertidal zones.

Northeast
Property

DE - See aftermath of coastal flooding and damage in Delaware caused by Ophelia (with Ophelia news compilation)

People are drawn to watch the powerful waves make landfall in Rehoboth Beach as tropical storm Ophelia hits the Delaware coast early Saturday evening, Sept. 23, 2023.

Northeast
Property

ME - Regulators want to limit coastal development to protect Maine’s sand dunes

State environmental regulators are seeking to further limit coastal development to protect sand dunes from rising sea levels. The new rule would require that planning be based on new dune maps created by the Maine Geological Survey.

Southeast
Property

FL - Florida's coastal homes may lose value as climate-fueled storms intensify insurance risk

Climate-fueled disasters like Hurricane Ian are wreaking havoc on home values across the nation, but Florida’s messy insurance market makes it one of the most stressed, new research out of a nonprofit climate modeling group indicates.

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.

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

LA - Rates climbing for Louisiana's insurer of last resort

Homeowners insurance rates from Louisiana's insurer of last resort increased by 63% on average, and National Flood Insurance Program premiums will increase by 234% on average this year, according to a new report.

Northeast
Property

NJ - Jersey Shore Beach Access Battle Has Precedent Dating Back 2,000 Years

The fight over public beach access vs. the rights of private property owners has been extensively litigated, and repeatedly upheld in NJ.