coastal properties News

Beach Hotels and Their Investors Welcome Insurance After the Storms

Frenchman’s Reef, the largest resort on St. Thomas, was smashed by Hurricane Irma, which breached roofs, caved in walls and felled trees across the oceanfront property. Two years later, the hotel remains closed as its owner quarrels with insurers over …

Senate Leaders Seek to Pass Bill to Avert Coastal Flood Insurance Rate Hikes

Senate leaders are seeking agreement to quickly pass a House flood insurance bill to avert steep premium increases for property owners in coastal states such as Florida, Louisiana and New Jersey, Senate aides said. The House passed the measure, H.R. …