Back in 2007 the state of Florida changed the way to insure beach properties and is mentioned at Angry Bear here.
Breakneck development at the shore has trapped Florida in a costly Sisyphean effort to maintain its perpetually eroding beaches. More than a tourist attraction, the beaches protect all those buildings from the waves. Nearly half of Florida’s beachfront is designated under state law as “critically eroding.”
But that designation doesn’t limit further development; instead, it triggers taxpayer subsidies that support the status quo. Since 1990, government “beach renourishment” programs have dumped more than 135 million cubic yards of sand on Florida shores.
The state accounts for about a quarter of the roughly $7 billion spent on sand projects nationwide, in current dollars, according to Andy Coburn, associate director of the Program for the Study of Developed Shorelines at Western Carolina University in Cullowhee, North Carolina. Federal taxes covered about three quarters of the cost; state and local government paid the rest, minus a small share contributed by private landowners.
Congress this session approved five new sand projects that will require an estimated $400 million in federal help. Among them: Replenishment of the 19-mile stretch of beach that passes Huckabee’s vacation house, with $43 million in federal subsidies.