Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
FEMA Sets Deadline for Requesting Sandy Claims Review
Jul 6 2015 // The Federal Emergency Management Agency (FEMA) announced that Sept. 15 would be the last day for National Flood Insurance Program (NFIP) policyholders who filed Superstorm Sandy flood claims to sign up for the review...
How Hurricane Katrina Changed Business Preparation Planning for Disasters
Jul 6 2015 // Nearly 10 years ago, wind and storm surges as a result of Hurricane Katrina caused $41 billion in insured losses and $108 billion in total economic losses. Many of the lawsuits filed as a result of the fifth hurricane of...
Crop Insurance Payments for Drought More Than for Flooding
Jul 6 2015 // Farmers are reaping higher yields and ranchers’ feed costs have fallen sharply since flooding swept across the southern U.S. Plains in May, with the record rains providing tangible benefits to agriculture despite...
Flood Insurance Claims Underpayments Not Widespread: Senate Study
Jul 6 2015 // The U.S. government’s appeals process for reviewing flood insurance claim disputes is riddled with flaws, but there is no evidence of systematic underpayments by insurers to flood victims, an investigation by U.S....
Plugging the Hole in the U.S. Flood Market: How Risk Modelers Can Help to De-Risk the NFIP
Jul 6 2015 // The National Flood Insurance Program (NFIP) has long been the dominant player in the U.S. flood insurance market, providing subsidized flood insurance based on actuarially unsound rates for millions of property owners, in...
90% of Cars at Central Iowa Auto Shop Destroyed in Flood
Jul 6 2015 // A Clive, Iowa, auto repair business reported that 90 percent of the vehicles on its property have been ruined by a flash flood. Acheson Auto Works, which backs up to Walnut Creek, was flooded early on June 26, destroying...
Lighthouse Enters Texas Homeowners Insurance Market
Jul 2 2015 // Lighthouse Property Insurance Corp. (Lighthouse), with headquarters in Florida, began offering homeowners insurance and flood insurance throughout Texas on July 1. Lighthouse also provides coverage to more than 36,000...
Oklahoma’s Request for Flood Claims Extension Approved
Jul 1 2015 // Oklahomans with flood damage will have extra time to file their insurance claim. The Federal Emergency Management Agency (FEMA) has given National Flood Insurance Program (NFIP) policyholders an extra 180 days to file a...
Flooding, Rain Problematic for Ohio Corn Growers
Jun 30 2015 // Extensive flooding and heavy rains have affected corn fields across Ohio and left growers contending with the possibility of lost or damaged crops. Flooding and ponding could kill some corn crops, an Ohio State University...
FEMA Sets Sept. 15 Deadline for Requesting Sandy Flood Claims Review
Jun 29 2015 // The Federal Emergency Management Agency (FEMA) announced that Sept. 15 would be the last day for National Flood Insurance Program (NFIP) policyholders who filed Superstorm Sandy flood claims to sign up for the review...
Updated AIR Hurricane Model for U.S. Features Storm Surge Module
Jun 29 2015 // Catastrophe risk modeling firm AIR Worldwide has updated its hurricane model for the U.S. to help insurers and reinsurers better understand and quantify the risk from hurricanes. The update features a hydrodynamic storm...
Louisiana Farmers, Ranchers Brace for Worst Year Since 2008
Jun 26 2015 // Flooded fields and fickle temperatures put Louisiana farmers and ranchers in a pensive mood as they gathered here for the Farm Bureau Federation Convention, the state’s largest annual celebration of...
Arkansas Lawmaker: Flooding Highlights Need for Levee Standards
Jun 26 2015 // Changes to Arkansas’ levee system after recent flooding in the state should be on the agenda if the Legislature is called back into a special session , a key lawmaker said. Republican Sen. Jason Rapert, who chairs...
Kentucky Sewer District Approves $1M for Flood Buyouts
Jun 26 2015 // The Louisville, Ky., Metropolitan Sewer District board has approved $1 million of a proposed $3 million settlement in an effort to buy out a group of repeated flood victims, while Metro Council leadership and Mayor Greg...
Michigan Hit with Damaging Winds, Tornados, Flooding
Jun 24 2015 // A series of severe thunderstorms that pushed damaging winds and tornados into several parts of Michigan on Monday and Tuesday wrecked homes and knocked out power to thousands of people, officials said. From Monday...
Damage from South Texas Flood Reaches $12M, Officials Say
Jun 24 2015 // The damage toll has been counted from flash flooding in South Texas on June 19. Edinburg City Manager Ramiro Garza told reporters that about 300 houses and 22 businesses were damaged after up to 6 inches of rainfall over...
More Rain for Water-Soaked Missouri a Concern
Jun 23 2015 // Rain-swollen rivers either crested or started to fall across much of Missouri on June 22, but a National Weather Service flood expert warned that more rain is on the way over the next several days and the water could rise...
Federal Agencies Issue Flood Insurance Rule for Lenders
Jun 23 2015 // Five federal regulatory agencies have signed off on a joint rule that modifies regulations for loans secured by properties located in special flood hazard areas. The final rule implements provisions of the Homeowner Flood...
Crop Insurance Payments for Drought More Than for Flooding
Jun 23 2015 // Farmers are reaping higher yields and ranchers’ feed costs have fallen sharply since flooding swept across the southern U.S. Plains in May, with the record rains providing tangible benefits to agriculture despite...
Cat Modeling in a New, More Open Phase: Aon Benfield/Impact Forecasting
Jun 23 2015 // Over 30 years ago, Karen Clark produced the first catastrophe model – for hurricanes. Since then the use of these valuable tools has changed the face of the re/insurance industry. They are indispensable for the...
