Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
Old Wiring Damaged by Sandy Floodwaters Blamed for N.J. Seaside Fire
Sep 18 2013 // Investigators who have been examining last week’s devastating boardwalk fire in New Jersey announced that old electrical wiring underneath the boardwalk, damaged by Superstorm Sandy’s floodwaters last year and...
Insured Losses from July 10 Ohio Storms at Least $72 million
Sep 18 2013 // Ohio’s widespread severe thunderstorms on July 10 that included flooding and three tornadoes caused between $71.5 and $84.8 million in insured losses, according to insurance industry estimates. Excessive rain during...
River Floods, Earthquakes are Highest Risk to Urban Areas: Swiss Re Report
Sep 18 2013 // River floods top the list of risks posing dangers to more people than any other natural catastrophe, according to a new Swiss Re report, which “benchmarks” the natural catastrophe risks faced by 1.7 billion...
Flood Weary New Mexico Keeps Eyes On Rivers, Dams
Sep 17 2013 // Forecasters says there’s a potential for flash flooding and river flooding as more rainfall is expected across much of northern and central New Mexico well into late this week. The National Weather Service says the...
Flooding Another ‘Unprecedented’ Event for Colorado
Sep 16 2013 // Another disaster plaguing the state, widespread flooding in Colorado is being viewed as an “unprecedented” event in which losses will take quite some time to calculate – although there are more immediate...
Flooded N.J. Homeowners in Limbo Awaiting Buyout Offers
Sep 16 2013 // An appraiser sent by the state recently assessed the value of Bob and Pat Smith’s house, nearly a year after floodwaters from Superstorm Sandy reached midway up the living room walls. Like the 75 other homeowners...
New Mexico Cleans Up After Widespread Flooding
Sep 16 2013 // Flood waters broke through dams, inundated neighborhoods and killed at least one person, leaving New Mexico residents with a major cleanup effort. The massive flooding prompted Gov. Susana Martinez to issue a state of...
Thousands Evacuated in Japan as Typhoon Man-Yi Brings Floods
Sep 16 2013 // Hundreds of thousands of people were advised or ordered to evacuate in Japan as Typhoon Man-Yi brought flooding, power blackouts and flight cancellations to the western and central parts of the country. At least one person...
Flash Flooding Causes Damage in Northern Colorado
Sep 13 2013 // Three days of intense rainfall in many areas of Colorado has resulted in severe, widespread flooding and collapsed homes, according to Boston-based catastrophe modeler Air Worldwide. The greatest threat is to cities along...
Task Force: Coasts Should Prepare for Rising Seas
Sep 9 2013 // A presidential task force charged with developing a strategy for rebuilding areas damaged by Superstorm Sandy has issued a report recommending 69 policy initiatives, most focused on a simple warning: Plan for future storms...
Federal Flood, States’ Wind Plans Need Further Reforms
Sep 9 2013 // A recent report from the Union of Concerned Scientists, a watchdog group, calls for further reforms to flood and wind insurance programs to discourage risky development and help reduce risk and taxpayer costs. The report,...
August’s Natural Disasters Caused $10B in Economic Damage: Aon Benfield
Sep 6 2013 // August saw billion-dollar flood losses in China, Russia, Philippines and Pakistan, bringing an initial combined estimate of $10 billion in economic losses, Aon Benfield said in a report on natural disaster...
57th Reinsurance Rendez-vous Kicks Off on Saturday; Excess Capital a Concern
Sep 6 2013 // The 57th Reinsurance Rendez-vous, which begins with registration in Monte Carlo on Saturday, promises to be somewhat less stressful than many previous editions. A mass of warm air, combined with significant amounts of dust...
Rising Sea Levels Ranked as Greatest Climate Change Threat: Guy Carpenter
Sep 4 2013 // Guy Carpenter & Company has an analysis of the evolving risk landscape spurred by global warming, which stresses that “climate change, global warming and the resulting landscape shift for risk management is a...
Aon’s Impact Forecasting Launches Models for E. Africa Quakes, Mexico Floods
Sep 3 2013 // Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, has launched two new models: an earthquake model for East Africa and a new flood scenario-based model for Mexico reinsurers. East...
Vienna Insurance Hurt by Spring Flooding Losses
Aug 30 2013 // Vienna Insurance Group AG, Austria’s biggest insurer, reported second-quarter profit plunged after the worst central European floods in a decade caused damage compensation to triple. The shares fell. Pretax profit...
West Virginia Says Resort Owner’s Illegal Dam Is Flood Hazard
Aug 29 2013 // Billionaire coal company and resort owner Jim Justice is in a war of words with the West Virginia Department of Environmental Protection over an illegally built dam at a gated golf course community, a 17-foot-high...
Louisiana Community ‘a Ghost Town’ a Year After Isaac
Aug 28 2013 // Isaac barely had hurricane-strength winds when it blew ashore southwest of New Orleans a year ago, but its effects are still apparent in coastal areas where it flooded thousands of homes. After landfall on Aug 28, 2012,...
Crews Carry Out 18 Rescues Due To Flash Flooding in Vegas
Aug 27 2013 // Authorities say crews carried out 18 swift water rescues after flash flooding hit the Las Vegas area. Fire and Rescue spokesman Timothy R. Szymanski says many of rescues came on Sunday after vehicles stalled in flooded...
Delaware Town Faces Flood Insurance Suspension
Aug 24 2013 // Federal Emergency Management Agency says more than 100 Bowers Beach property owners may have to pay more for flood insurance and could lose coverage if the town doesn’t fix longstanding deficiencies in its...