Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
How Competition Brings Out E&S Market’s Creativity
Sep 19 2016 // Emerging risks or traditional lines, innovation makes the difference The surplus lines market is eyeing another year of solid results for 2015. At press time, the final figures for 2015 surplus lines had yet to be released...
Residential, Commercial Damage from August Louisiana Flood Estimated at $8.7B
Sep 19 2016 // The August 2016 flooding in Louisiana caused an estimated $8.7 billion in damage to residential and commercial properties. Damage to businesses in the state has exceeded $2 billion, according to a report commissioned by...
Super Typhoon Meranti Batters Taiwan: Risk Modelers AIR, RMS Assess Impact
Sep 15 2016 // Super Typhoon Meranti delivered very strong wind, high storm surge, and flooding precipitation to southern Taiwan as it passed through Luzon Strait near noon local time Wednesday. According to catastrophe modeling firm AIR...
West Virginia Governor Wants Special Session to Address $300M in Flood Damage
Sep 15 2016 // Gov. Earl Ray Tomblin plans to call lawmakers into session next week to cover West Virginia’s share of recovery costs after deadly floods in June caused about $300 million in damages. Tomblin told reporters Tuesday...
August Flood Damage to Louisiana Agriculture: $277M
Sep 14 2016 // A new study says the mid-August flooding’s wreckage of south Louisiana crops and farmland caused an estimated $277 million in damage. The estimate released Tuesday by LSU AgCenter economist Kurt Guidry is more than...
National Flood Insurance Program Claim Filing Deadline Extended in Louisiana
Sep 13 2016 // The Federal Emergency Management Agency (FEMA) has granted an extension for Louisiana National Flood Insurance Program (NFIP) policyholders affected by August’s severe storms and flooding to file proof-of-loss...
Louisiana Economic Development: $8.7B Residential, Commercial Damage in August Flood
Sep 12 2016 // The August 2016 flooding in Louisiana caused an estimated $8.7 billion in damage to residential and commercial properties, according to Louisiana Economic Development. Damage to businesses in the state has exceeded $2...
Louisiana Disaster Response Improved Post-Katrina but Gaps Remain
Sep 9 2016 // Eleven years ago, Sam Barbera hooked up his boat and headed to New Orleans to ferry people from Hurricane Katrina’s floodwaters. Four weeks ago, he found himself in another boat for rescues — this time at home in...
Louisiana Commissioner Urges Flood Insurance Proof of Loss Extension
Sep 8 2016 // As a result of the record-breaking flooding in his state in August, Louisiana Insurance Commissioner Jim Donelon is asking the Federal Emergency Management Agency (FEMA) to extend the filing deadline for Louisiana...
Coastal American Insurance Rolls Out Private Flood Endorsement in Mississippi
Sep 8 2016 // Coastal American Insurance Co. has introduced a combined wind and flood insurance policy for policyholders in Mississippi. The new private flood endorsement is designed to eliminate disputes over concurrent causation,...
In Flood Risk Modeling, Resolution Matters – Even When You Think It Shouldn’t
Sep 7 2016 // This post is part of a series sponsored by CoreLogic. We have all seen the dramatic pictures of destruction and loss after a devastating flood event. Usually, the scene is depicted as a sea of water inundating broad areas...
Experts Say Mass Katrina-Like ‘Exodus’ not Expected After Louisiana Flood
Sep 7 2016 // Experts studying demographics and data following south Louisiana’s great flood of 2016 tell a newspaper they don’t expect a mass exodus of people from the area, such as the one that followed Hurricane Katrina...
Louisiana Governor: Flood Damage at Least $8.7B
Sep 6 2016 // Louisiana Gov. John Bel Edwards says his state had more than $8.7 billion in damage from catastrophic flooding in August, and the figure will increase as officials finish assessing damage to roads and other public...
Hurricane Newton Hits Mexico with Threat of Flash Floods, Mud Slides
Sep 6 2016 // Hurricane Newton made landfall Tuesday morning in northwest Mexico and will probably cause damage from heavy rain. Cabo San Lucas, a popular tourist destination, will be hit by winds moving as fast as 90 miles (144...
Flood Insurance Uptake Low in Louisiana Areas Hit by Mid-August Deluge
Sep 6 2016 // It’s estimated that more than 60,000 homes were damaged by the record flooding in south central Louisiana in mid-August. Twenty parishes were impacted in the severe weather event that resulted in major property...
Flood Insurance Belongs in the Hands of the Private Market
Sep 6 2016 // With thousands displaced due to massive flooding in Louisiana and too many other similar incidences, it is time to reexamine the flood insurance landscape. Unfortunately, many caught up in this disaster did not have flood...
Consumers Rely Too Much on Homeowners Insurance: Survey
Sep 6 2016 // Too few Americans take steps to prepare for disasters, and too many assume their home insurance policies will bail them out if one strikes. As disaster season peaks, a new national consumer survey commissioned by Trusted...
State of Emergency Extended for 8 Flood-Ravaged Counties in West Virginia
Sep 6 2016 // Gov. Earl Ray Tomblin is maintaining a state of emergency for eight West Virginia counties devastated by floods in June. Tomblin announced the extension until Sept. 21 for eight of the 12 counties that remained under a...
Senator Says FEMA to Fund Crisis Counseling for Louisiana Flood Victims
Sep 2 2016 // A U.S. senator says the Federal Emergency Management Agency will provide Louisiana with $6.8 million to fund crisis counseling for flood victims. Sen. David Vitter’s office announced the grant in a news release...
Hermine Weakens As It Hits Florida Panhandle; Some Flooding, Power Outages Expected
Sep 2 2016 // Hermine, the first hurricane to strike Florida since 2005, has weakened to a tropical storm as it moves inland, after threatening soy and cotton crops and leaving large swaths of the region at risk of...
