Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
Rising Flood Insurance Rates Frustrate Homeowners
Oct 7 2013 // As homeowners in the Northeast continue to rebuild nearly one year after Superstorm Sandy, they are now bracing for another obstacle: higher National Flood Insurance Program (NFIP) premiums. In accordance with the...
Insurance Industry Changes to Follow Wicked Colorado Weather
Oct 7 2013 // As the sun peeked out of the normally bright blue Colorado sky, homeowners and businesses began to assess the damage done by the 100-year flood, as weather experts have labeled the devastating rain that pummeled the...
Energy Industry Liability May Cover Contamination Claims from Colorado Flooding
Oct 7 2013 // Colorado residents and businesses face devastating water inundation that many are dubbing a one-in-500-years weather event. Nearly 2,400 square miles were saturated with water causing massive dislocation and loss of life....
I.I.I. on Business Insurance Lessons Learned From Sandy
Oct 4 2013 // The difficulty many businesses had reopening after Superstorm Sandy is a reminder of the importance of having a disaster recovery plan and the right type and amount of insurance, according to the Insurance Information...
Colorado Weighs Whether to Relocate Rivers After Flood
Oct 4 2013 // Coloradans are debating whether rivers that strayed as much as three-quarters of a mile in last month’s floods can or should be moved back to their old channels. Irrigation companies that pull water from rivers for...
First Superstorm Sandy Home Buyout Set to Close in New York
Oct 4 2013 // Even when Superstorm Sandy killed their neighbors and flooded their house, Frank and Mary Lettieri vowed to stay in the Staten Island, New York, home where they raised five children. But with a popular home buyback program...
Gulf Coast Braces for Flooding from Tropical Storm Karen
Oct 3 2013 // Tropical Storm Karen may bring more than 7 inches (18 centimeters) of rain, isolated tornadoes and power outages to the U.S. Gulf Coast, where it is expected to go ashore over the weekend, forecasters said. Karen, with top...
Sandy Victims Get 6 More Months to File FEMA Doc
Oct 3 2013 // Victims of Superstorm Sandy still fighting for a bigger insurance payment from the companies that administer the federal flood insurance program are getting a six-month extension to file critical paperwork. The Federal...
Bill to Delay Flood Insurance Rate Hikes Stymied by Shutdown Politics
Oct 2 2013 // A bipartisan proposal to delay federal flood insurance rate hikes that took effect Tuesday is being stymied by a bitter congressional dispute over President Barack Obama’s signature health care law, Sen. Bill Nelson...
Disaster Declaration For New Mexico June Storms, Flooding
Oct 2 2013 // President Barack Obama has signed a disaster declaration for parts of New Mexico for June storms and flooding. The Federal Emergency Management Agency says that federal disaster aid is being made available to supplement...
Possible Shutdown Could Hurt Colorado Flood Recovery
Oct 2 2013 // While officials promise that direct aid to Colorado flooding victims won’t be affected by a possible government shutdown, a standoff in Washington could still end up hurting the state’s recovery...
New York to Compensate Storm Victims for NFIP’s ‘Earth Movement’ Exclusion
Sep 30 2013 // New York will use part of its share of billions of dollars in federal Superstorm Sandy aid to “fully compensate” storm victims who had flood insurance claims denied because of a hard-to-understand rule barring...
Rep. Waters, Author of Flood Reform Act, Calls for Delay in Implementation
Sep 30 2013 // A Congresswomen whose name adorns the now-controversial federal flood insurance reform bill passed in 2012 says she wants the law changed to deal with “unintended consequences” including big premium hikes for...
Flood Insurance Premiums Rising Along New Jersey Coast
Sep 30 2013 // Hundreds of New Jersey flood insurance policyholders will soon be facing higher premiums spurred by sweeping changes to the federal law that will take effect Tuesday. The increases stem from legislation passed in June 2012...
Mississippi Insurance Chief Sues to Halt Flood Insurance Rate Hikes
Sep 29 2013 // The Mississippi Department of Insurance has filed a lawsuit against the federal government to try to block rates from increasing Oct. 1 in the National Flood Insurance Program. State Insurance Commissioner Mike Chaney said...
Mass. Congressional Delegation Seeks Delay of Flood Insurance Rate Hikes
Sep 27 2013 // Massachusetts’ congressional delegation is urging fellow lawmakers in Washington to delay implementation of the Biggert-Waters National Flood Insurance Reform Act provisions. The Massachusetts lawmakers said this...
Louisiana State Treasurer Suggests State-Run Flood Insurance Plan
Sep 27 2013 // Seeking a way to ease skyrocketing federal flood insurance rates, state Treasurer John Kennedy has suggested that Louisiana should consider getting in the business of offering flood insurance coverage to its...
Flood Insurance ‘Sticker Shock’ Hits Floridians with New, Secondary Homes
Sep 26 2013 // When Colin and Joyce Elston bought their Florida dream home in May, they were confident they could afford the three-bedroom, two-bathroom ranch with a pool and a backyard overlooking the Intracoastal Waterway. Now they are...
Canada Regulator Urges Re/Insurers to Use Cat Bonds after Flood Disaster
Sep 25 2013 // Canada’s banking regulator is urging insurers to sell catastrophe bonds for the first time to cut the risk of natural disasters, such as the record floods that inundated swathes of downtown Calgary in June. Climate...
Opinion: Energy Industry Liability May Cover Contamination Claims From Colorado Flooding
Sep 24 2013 // Colorado residents and businesses face devastating water inundation that many are dubbing a one-in-500-years weather event. Early reports confirm nearly 2,400 square miles saturated with water causing massive dislocation...
