Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
Colorado Flood Survivors New Worry: Insurance Cost Hike
Mar 25 2014 // Thousands of Coloradans could face major cost increases for their flood insurance, just as many are trying to decide whether to rebuild or move on after the devastating September flooding. More than 5,700 federally...
Massachusetts Lawmakers Seek to Ease Federal Flood Insurance Rules
Mar 25 2014 // When Mitch Haddad and his brother began rebuilding their family’s oceanside restaurant in Marshfield, Massachusetts, they decided to take no chances. The restaurant, which had been in the family for more than 70...
Florida Legislature Seeks to Entice Private Insurers to Sell Flood Policies
Mar 24 2014 // The Florida Legislature is moving forward on a plan to entice private insurance companies to sell flood policies in the state that’s the most vulnerable to storm surge. It’s not clear, though, that many private...
Flood Insurance Fix Only Slows Rate Hike for 60K New Yorkers
Mar 24 2014 // For Gay Alexander, Superstorm Sandy “is not over,” she says, her voice cracking as she speaks about the cost for flood insurance on her damaged, waterfront Long Island home. The single mother of two...
President Obama Signs Flood Insurance Relief Bill
Mar 24 2014 // Homeowners living in flood-prone areas are getting relief from big spikes in insurance costs under legislation President Barack Obama signed into law last Friday. Lawmakers from both parties supported the measure in...
Flood Insurance Hikes to Affect Thousands in Arkansas
Mar 24 2014 // More than half of flood insurance policyholders in the tiny northern Arkansas city of Norfork face premium increases, but Mayor Jim Reeves says the hardship will be felt by everyone. Norfork, population 500 and change, is...
Nearly $200M More For Colorado Flood Recovery
Mar 24 2014 // Colorado is getting an additional $199 million from the federal government to help communities devastated by September’s historic floods, U.S. Housing and Urban Development Secretary Shaun Donovan announced. The...
Michigan Congresswoman Miller: Flood Insurance Bill Bad for State
Mar 24 2014 // A U.S. Congresswoman from Michigan wants her state to opt out of the National Flood Insurance Program, saying it’s not good for Michigan homeowners. U.S. Representative Candice Miller (MI-10) voted against H.R. 3370,...
Flood Waters
Mar 24 2014 // At press time, President Barack Obama was set to sign into law a bipartisan bill relieving homeowners living in flood-prone neighborhoods from big increases in their insurance bills. The legislation – H.R. 3370, the...
Top 10 HOT Markets to Watch
Mar 24 2014 // Insurance Journal examined industries experiencing changes and expansions in the past year. Here are the top 10 market sectors that just might deliver hot opportunities for agents and brokers in the property/casualty...
Ten Things to Know about High Risk Property
Mar 24 2014 // Winter storms caused $2 billion in insured losses in 2013, up dramatically from $38 million in 2012, according to reports from Munich Re. From 1993 to 2012, winter storms resulted in about $28 billion in insured...
Red Cross App Helps Colorado, Wyoming Citizens Affected By Floods
Mar 20 2014 // Red Cross officials have announced the release of a smartphone application they hope will save lives if Colorado and Wyoming experience floods from runoff this spring. Gino Greco, CEO of the Red Cross Colorado &...
Grant to Help Raise Houses in Louisiana; Flood Insurance a Requirement
Mar 18 2014 // The Federal Emergency Management Agency is providing a grant to help pay for the elevation of 16 houses Jefferson Parish. The grant covers about $2.1 million of the estimated $2.7 million total cost of the project. FEMA...
Nearly $200M More For Colorado Flood Recovery
Mar 17 2014 // Colorado is getting an additional $199 million from the federal government to help communities devastated by September’s historic floods, U.S. Housing and Urban Development Secretary Shaun Donovan announced...
President Obama Will Sign Flood Insurance Relief Bill
Mar 16 2014 // President Barack Obama is set to sign into law a bipartisan bill relieving homeowners living in flood-prone neighborhoods from big increases in their insurance bills. The legislation, which cleared Congress on Thursday,...
Jersey Shore Residents Hail Passage of Flood Insurance Relief Bill
Mar 15 2014 // Sue Suebelka, who had little fish swimming among the shelves of her new refrigerator, won’t have to pay quite as much for flood insurance. Kim Ely, who still washes dishes in a bucket and eats dinner from a microwave...
Mass. House OKs Bill to Soften Impact of Flood Insurance Rules
Mar 13 2014 // The Massachusetts House on Wednesday unanimously approved a bill designed to soften the impact of new federal flood insurance rules on many of the state’s coastal homeowners. The measure, sponsored by Democratic...
Senate Approves Bill to Curb Flood Insurance Hikes
Mar 13 2014 // The Senate today went along with the House of Representatives by passing a bill to reverse flood insurance reforms and curb flood insurance premium increases. The Senate approved H.R. 3370, the “Homeowner Flood...
Sioux Falls, South Dakota Flood-Control Project Nearly Complete
Mar 13 2014 // Sioux Falls, S.D., officials can almost see the finish line in a flood-control upgrade project that has lasted nearly 15 years. But the work construction crews are completing in the city’s west side was not part of...
$11+ Million a Day in UK Flood Insurance Claims Says ABI; Total $1.8+ Billion
Mar 13 2014 // The Association of British Insurers (ABI) has calculated that insurance claims from the recent spate of floods in the UK are averaging £6.7 million a day [$11.176 million]. The ABI said the “wettest winter on record...
