Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
AIR Estimates Typhoon Chan-hom Insured Losses Less than $354 Million
Jul 16 2015 // According to catastrophe modeling firm AIR Worldwide, insured losses in China from Typhoon Chan-hom are unlikely to exceed CNY 2.2 billion [$354.3 million]. “Typhoon Chan-hom made landfall in the coastal city of...
Kentucky Governor Declares State of Emergency From Severe Flooding
Jul 16 2015 // Floodwaters that rushed through eastern Kentucky left one dead and seven unaccounted for as search teams combed the hilly Appalachian terrain Tuesday, with the threat of more floods bearing down on rescue...
Regions Insurance Enters Agreement with Florida’s Ronald F. Holehouse Agency
Jul 16 2015 // Regions Insurance, Inc., an affiliate of Regions Bank, has entered into an agreement with the Ronald F. Holehouse Agency to obtain the firm’s personnel and accounts. Financial terms of the agreement are not...
Flood Damage in Arkansas County Exceeds $14M: Report
Jul 15 2015 // Recent floods caused more than $14 million in damages in a southwest Arkansas county, according to a report by county officials and the University of Arkansas Cooperative Extension Service. Around half of the land in...
Typhoon Nangka Continues on Course towards Japan: AIR Analysis
Jul 15 2015 // Catastrophe modeling firm AIR Worldwide has released an analysis of Typhoon Nangka, which is currently a Category 3 storm “with a central pressure of 950 mb and maximum 10-minute sustained wind speeds of 80 knots...
West Virginia Declares State of Emergency After Severe Flooding in 3 Counties
Jul 15 2015 // West Virginia Gov. Earl Ray Tomblin declared a state of emergency July 13 for Braxton, Webster and Wood counties after severe flooding. The state of emergency seeks to address the rockslides, mudslides and severe flooding...
Flooding Hampers Commerce on Arkansas River System
Jul 14 2015 // Drenching rains and flooding over the past two months have greatly reduced barge traffic along the 455-mile McClellan-Kerr Arkansas River Navigation System and dented the finances of companies that depend on the...
In Midst of Drought, Sacramento Needs to Prepare for Flood
Jul 14 2015 // In the midst of a serious drought, it’s time to become concerned about a coming flood. Orbiting high above the Pacific Ocean, a Japanese weather satellite has spied the embryonic stages of a massive El Niño weather...
Colorado Asks for Major Disaster Declaration in Wake of Spring Floods
Jul 13 2015 // Colorado is asking federal disaster managers for a major disaster declaration in the wake of severe weather and flooding this spring and early summer that impacted 11 counties. The Denver Post reported the Colorado...
Wyoming Gets Federal Disaster Declaration After June Flooding
Jul 10 2015 // Wyoming homes and businesses damaged by flooding in Niobrara and Johnson counties can seek federal aid thanks to a federal disaster declaration. President Barack Obama has approved a federal disaster declaration requested...
N.Y. Court: Insurer’s $5M Flood Sub-Limit Applies to Delay-in-Completion Loss
Jul 9 2015 // The New York Supreme Court’s Appellate Division affirmed that a $5 million flood sub-limit in a builders risk policy that Zurich American Insurance issued to a New York property developer applies to the...
20 Indianapolis Families Displaced by Flooding
Jul 9 2015 // The Red Cross says about 20 families have been displaced from their Indianapolis homes after heavy rains inundated parts of Indiana. The organization said in a news release that it’s working with fire officials to...
North Dakota Officials Want Corps as Part of River Flood Plan
Jul 9 2015 // North Dakota officials are pushing the Army Corps of Engineers to make long-term flood protection for the Souris River Valley a priority. Local and state officials fear that any work they do on a proposed $1 billion...
Aon Benfield’s June Cat Report Highlights China Rains, Floods, U.S. Storms
Jul 9 2015 // Impact Forecasting, Aon Benfield’s catastrophe model development team, has released its latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that...
Communities Near Southern California Fire at Risk for Floods
Jul 7 2015 // U.S. Forest Service officials say those living in areas around a 49-square-mile wildfire will be at risk for flooding and debris flows long after the flames are extinguished. The Press-Enterprise in Riverside reported that...
Three Steps Towards Getting Your Portfolio Ready for Hurricane Season
Jul 6 2015 // This post is part of a series sponsored by CoreLogic. Insuring property along our nation’s coastlines can be either extremely lucrative or laden with risk. Many coastal residents are underinsured—which puts...
Deadline to File Flood Insurance Claims in Oklahoma Extended
Jul 6 2015 // Oklahoma’s insurance commissioner says property owners who experienced flood damage during heavy rainfall in May and June have more time to file insurance claims. Commissioner John Doak said the Federal Emergency...
Aon Benfield Calls for More Industry-Wide Cat Modelling Initiatives
Jul 6 2015 // Aon Benfield, the global reinsurance intermediary, issued a call to the insurance industry to “collaborate to innovate, in order to obtain the most useful risk management insights from catastrophe models.” The...
Louisiana Commissioner Requests Flood Claim Deadline Extension
Jul 6 2015 // The Federal Emergency Management Agency’s National Flood Insurance Program (NFIP) requires homeowners to file a Proof of Loss form to claim damages within 60 days of a flood. On June 17 in a letter to FEMA...
Flooding Could Cost More Than Louisiana Property Owners Think
Jul 6 2015 // The flood plain manager for the Rapides Area Planning Commission in Louisiana said people whose homes flooded may find that repairs bring them under newer and stricter building standards. Melissa Becker told The Town Talk...
