Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
Tennessee’s Heavy Rains Tested Lessons from 2010 Flood
Aug 12 2013 // Unusually heavy summer rainfalls in Tennessee have given the agencies involved in flood control and emergency management a chance to show that they have learned to cooperate after the disastrous missteps of...
Flood-Prone New Jersey Town Looks to Raise Entire Downtown
Aug 10 2013 // Along the New Jersey Bayshore, people often say they live on either the “wet” or the “dry” side of Route 36. The distinction was particularly apt during Superstorm Sandy, which brought flooding...
Georgia Commissioner Offers Advice in Wake of Recent Flash Flooding
Aug 7 2013 // With confirmed flash flooding in northern Georgia from torrential rain, Insurance Commissioner Ralph Hudgens is reminding homeowners that policies for mobile or manufactured homes may include coverage for flood damage,...
S.C. Researchers Unveil New Hurricane Model; Program to Offer Landfall Probability
Aug 7 2013 // As hurricane season approaches its peak, researchers at South Carolina’s Coastal Carolina University unveiled a new hurricane model program named after a massive Category 4 storm that smashed into South Carolina a...
Hannover Re Q2 Net Rises 29% on Investment Income
Aug 7 2013 // Hannover Re, the world’s fourth biggest reinsurer, said second-quarter profit rose 29 percent, beating analysts’ estimates, helped by higher investment income. Net income advanced to €186.3 million ($247.9...
Floods Impact Munich Re’s Q2 Net Profit; Still on Track for FY $4 Billion
Aug 6 2013 // Despite a rough second quarter – consolidated profit of €543 million [$720 million], compared to €812 million [$1.077 billion] in Q2, 2012, Munich Re said it is “well on track to achieve its 2013 profit...
Illinois Governor Announces $190 Million In Flood Help
Aug 2 2013 // Gov. Pat Quinn says $190 million in federal grants and loans will be awarded to help Illinois residents and businesses in 35 counties recover from April floods. Federal aid to the designated disaster areas includes $143...
Toronto Dominion Bank Warns of Insurance Losses from Weather Claims
Jul 31 2013 // Toronto-Dominion Bank, Canada’s second-largest lender, said it will take a third-quarter charge after tax of C$418 million (US$406 million) due to recent severe weather in Alberta and Ontario and to boost its...
Alabama Coastal Residents Bracing for Major Flood Insurance Increases
Jul 30 2013 // Flood maps aren’t due out for Alabama until next December, but the specter of rising flood insurance premiums is undeniable. Congress, seeking to undo the damage done to the National Flood Insurance Program after...
Arizona Flash Flood Carries Away Tour Bus, None Hurt
Jul 30 2013 // Flash flood waters swept a tour bus with 33 people aboard hundreds of yards down a wash in northwestern Arizona and the vehicle flipped on its side, but no one was injured, officials said. The Las Vegas-bound bus was...
North Carolina Suffers Fourth Flash Flood in 4 Months
Jul 29 2013 // A series of thunderstorms moving across western North Carolina has triggered what meteorologists are calling major flash flooding. The Charlotte Observer reported that parts of Catawba and surrounding counties were under...
New Jersey Flood Victims Face Difficult Buyout Decision
Jul 29 2013 // Bob and Pat Smith have seen many floods in their 47 years on Water Street, but none as severe as in Superstorm Sandy. Last year’s storm waters rose halfway up their front door and left a debris field of mud and mold...
Florida Seeks Federal Disaster Aid Following Panhandle Floods
Jul 26 2013 // Florida Gov. Rick Scott is asking that the federal government declare a disaster due to floods that caused extensive damage in the Panhandle. The state estimates there was $29 million worth of damage caused by the heavy...
PERILS Issues Maximum Flood Footprint Map for Central Europe
Jul 25 2013 // PERILS AG, the independent Zurich-based company providing industry-wide catastrophe insurance data, has released its final Maximum Flood Extent Map for the floods which affected Central Europe in June 2013. The bulletin...
1st Half 2013 Natural Disasters Cost $85 Billion – Aon Benfield
Jul 25 2013 // A mid-year natural disaster analysis from Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, puts economic losses from global natural disasters at $85 billion, higher than the $75...
Flood Insurance an Issue in Louisiana’s U.S. Senate Race
Jul 24 2013 // U.S. Sen. Mary Landrieu and her Senate race challenger, U.S. Rep. Bill Cassidy, are jockeying for credit and prominence on a high-profile problem for many Louisiana residents: the skyrocketing cost of flood insurance...
Canada’s Intact Financial Sees $454 Mn Flood Losses; $24.2 Mn Train Crash
Jul 23 2013 // Canadian P&C insurer Intact Financial said it expected quarterly results would be hurt by losses from a train derailment and fiery explosion in a Quebec town and storm and flood damage in Canada’s oil capital,...
Severe Flooding Can Happen In a Flash, Tennessee City Learns
Jul 23 2013 // This is why they call it a flash flood. A rainy night in South Pittsburg, Tenn., on July 10 quickly turned into something legendary. Relentless rains spawned a newborn river that decided to make its way right through...
Coastal Lawmakers Seek Delays in Flood Insurance Changes
Jul 22 2013 // Just a year after Congress approved changes in the oft-criticized federal flood insurance program, protests from homeowners facing higher premiums have coastal lawmakers pressing for delays to preserve below-cost rates for...
FEMA Asked to Review Flood Insurance Rules
Jul 22 2013 // U.S. Sen. Kirsten Gillibrand (D-N.Y.) is asking the Federal Emergency Management Agency to consider reversing denials of Superstorm Sandy flood claims based on the “earth movement” exclusion. Gillibrand said...
