Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
North Carolina Coastal Homeowners Weigh Self-Insuring for Floods Due to Premium Hikes
Apr 7 2014 // Bill Cherry has seen his share of storms buffet his house and his Breezeway Restaurant and Motel near Topsail Beach in North Carolina, a slip of a barrier island just over two blocks wide. But with sharp increases in...
With Fix for Flood Insurance Program Deficit Delayed, Now What?
Apr 7 2014 // There’s no easy fix for the National Flood Insurance Program, now drowning in a $24 billion sea of red ink. But experts and advocates say Congress does have some options that could make the troubled program...
With Fix for Flood Insurance Program Deficit Delayed, Now What?
Apr 7 2014 // There’s no easy fix for the National Flood Insurance Program, now drowning in a $24 billion sea of red ink. But experts and advocates say Congress has options that could make the troubled program financially stable,...
Environmental Exposure: Flood Risk in the Oil & Gas Industry
Apr 7 2014 // There has been much discussion regarding the increasing frequency and intensity of storms around the world. While both underwriters and insurance buyers are concerned with exposure to potential catastrophic losses from...
R.I. Realtors: Flood Insurance Concerns Contributed to Home Sales Drop in Feb.
Apr 3 2014 // The Rhode Island Association of Realtors says bad winter weather and worries about increasing flood insurance premiums likely played roles as home sales and prices in the state declined in February. The group said on Mar...
Ironshore Personal Lines Launches Primary Flood Coverage for High Value Homes
Apr 2 2014 // Ironshore’s Personal Lines unit has expanded property coverage protection for high net worth homeowners. Ironshore will offer a primary flood option as part of its homeowners insurance for properties valued at $1...
In Maine, 3,300 Policyholders Likely to See Flood Insurance Rate Increases
Apr 2 2014 // Thousands of Maine homeowners and businesses could see their rates for flood insurance rise as the federal government attempts to put the troubled National Flood Insurance Program back on sound financial footing. Most of...
March Flooding in Montana to be Evaluated By FEMA
Apr 2 2014 // Federal Emergency Management Agency teams have come to Montana to begin assessing damage from flooding. Ed Tinsley, of Montana Disaster and Emergency Services, told the Independent Record that the teams will be looking at...
2013 Floods Prove Positive Results from Defense Measures: Munich Re
Apr 1 2014 // A study from Munich Re notes that although natural catastrophe losses in 2013 were dominated by floods, “detailed analyses have shown that protective measures can drastically reduce losses. For example, the June 2013...
In Delaware, Over 3,600 Policyholders Face Flood Rate Hikes
Apr 1 2014 // Premiums for thousands of Delaware property owners may increase significantly because of changes to the National Flood Insurance Program, but it seems many residents may not know about impending rate hikes of up to 25...
Rhode Islanders Grapple With Rising Flood Insurance Premiums
Apr 1 2014 // Steve Morris lives in a century-old restored cottage on a tucked away corner of Narragansett Bay in Rhode Island. The home survived big hurricanes in 1938 and 1954, and Morris has never worried about flooding. But the home...
Republicans Vying for Georgia’s Senate Debate Flood Insurance, Port Development
Mar 31 2014 // Republican candidates for Georgia’s open U.S. Senate seat debated Saturday whether Congress has pushed hard enough for deepening the Savannah harbor and whether the federal government should keep giving homeowners a...
In Maryland, 12K Residents Face Steady Rise in Flood Premiums
Mar 31 2014 // Changes in the federal flood insurance program are likely to mean higher premiums for thousands Maryland residents, and not just those living in Ocean City or along the Chesapeake Bay. Residents of smaller inland towns...
Thousands in New Hampshire Still Face Flood Premium Hike
Mar 31 2014 // Realtor Bob Preston has lived on New Hampshire’s seacoast his entire life and his family has sold and rented properties there for decades. He’s never had a property flood but still pays for federally mandated...
In Vermont, 2,400 Residents Likely to See Their Flood Premiums Rise
Mar 28 2014 // Much of downtown Montpelier, Vermont, is perched along the banks of the North Branch of the Winooski River, a waterway that has poured into buildings, forcing many homeowners to purchase flood insurance. Now 242 Montpelier...
Few D.C. Residents Affected in Flood-Insurance Debate
Mar 28 2014 // While the federal government wades through a complicated effort to keep the National Flood Insurance Program solvent, the capital city has very little at stake in the debate. That could be changing, though. Data compiled...
Florida Senate Passes Measure to Encourage Private Flood Insurance
Mar 28 2014 // The Florida Senate is backing a bill to entice private insurance companies to sell flood policies in the state that’s the most vulnerable to storm surge. The Senate this week unanimously passed the bill (SB 542)...
Pennsylvania River Towns Facing Rising Flood Insurance Rates
Mar 27 2014 // Jeff King had put his house in Wilkes-Barre, Penn., up for sale for $90,000 last year, put off by the city’s struggles with crime and the desire for a better school district for his four children, when he got a...
New Flood Insurance Law Only Slows Rate Hike for 14K Conn. Property Owners
Mar 27 2014 // Stephen Nelson and Mary Anne Mayo are still struggling with the destruction from Superstorm Sandy, nearly 18 months after it swept through their Westport, Conn., home, taking their first-floor belongings into the Saugatuck...
North Carolina Coastal Homeowners Weigh Self-Insuring for Floods
Mar 27 2014 // Bill Cherry has seen his share of storms buffet his house and his Breezeway Restaurant and Motel near Topsail Beach in North Carolina, a slip of a barrier island just over two blocks wide. But, with sharp increases in...
