Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
Sandy Victims in N.J., N.Y., Blast Delays in Flood Insurance Aid
Jan 6 2013 // Even as Congress passed the first part of an aid package for victims of Superstorm Sandy, many victims seethed, wondering why it took so long. The $9.7 billion measure approved on Friday, Jan. 4, allows the National Flood...
House, Senate OK $9.7B More for Flood Insurance Claims
Jan 4 2013 // The House of Representatives voted today 354-67 to increase the borrowing authority of the National Flood Insurance Program (NFIP) by $9.7 billion. The Senate, which already approved a similar increase but as part of a...
Yellowstone Oil Spill: Feds Say Delay Made Oil Spill Worse
Jan 4 2013 // Delays in Exxon Mobil Corp.’s response to a major pipeline break beneath Montana’s Yellowstone River made an oil spill far worse than it otherwise would have been, federal regulators said in a new report. The...
Kmart vs. Kroger Flooding Case Set for Trial in Mississippi
Jan 4 2013 // A federal judge has denied requests from the city of Corinth and the Kroger Co. to be dismissed as defendants in a lawsuit over 2010 flooding at the Kmart in Corinth. Kmart Corp. is seeking compensation for flood damage at...
Flood Insurance Funds Will Run Out Jan. 7 Without Congress OK: FEMA
Jan 3 2013 // The Federal Emergency Management Agency (FEMA), which administers the National Flood Insurance Program (NFIP), has notified Congress that without the approval of additional borrowing authority, funds available to pay...
House to Vote on Flood Insurance Funds on Friday; Sandy Aid Later
Jan 2 2013 // Under fire from fellow Republicans from Sandy-stricken New York and New Jersey, House Speaker John Boehner, R-Ohio, today agreed to hold two separate votes on storm relief including one vote on Friday to make about $9...
10 Insurance Ins and Outs, Ups and Downs of Year of Dragon 2012
Jan 2 2013 // In Chinese astrology, the year 2012 was the Year of the Dragon, a symbol of unpredictability and uncertainty. The dragon represents mystery because its head and tail cannot be seen at the same time, according to Chinese...
Senate Passes Sandy Disaster Aid, Flood Insurance Increase
Dec 31 2012 // The Senate on Friday approved a $60.4 billion supplemental package to provide additional aid for northeast states hit by Superstorm Sandy that includes an increase in the borrowing authority of the federal flood insurance...
Events that Topped World Insurance News in 2012
Dec 28 2012 // While 2012 wasn’t as tumultuous as 2011, it had its share of insurance shaking trends and events. Here in roughly chronological order are some of them: 1) The costs of the flooding in Thailand in 2011, wasn’t...
Sandy-Flooded Inland Towns in N.J. See No Solutions
Dec 27 2012 // Images of New Jersey’s devastated shoreline captivated the nation in the days after Superstorm Sandy.The Disaster Recovery Center in Hackensack, N.J. Multiple agencies have been working together to assist survivors...
Mississippi County Lowers Its Flood Insurance Premiums
Dec 26 2012 // An improved flood prone rating means Pearl River County residents will see a 10 percent reduction in monthly insurance premiums. The Picayune Item reports that county planner Ed Pinero Jr. says the county has moved from an...
Feds Pledge $1 Million To Utah For Flood Damage
Dec 26 2012 // The federal government is offering more than $1 million to help cover damage caused by flooding earlier this year in Southern Utah. Officials estimate that floodwaters from a broken dike caused damages of at least $2.8...
Lawsuit Focuses on Flood Insurance Claims, Classification of Basement
Dec 21 2012 // A recently filed class action lawsuit in New Jersey is alleging “improper handling” of certain flood insurance claims arising out of Hurricane Irene in 2011 and Superstorm Sandy in 2012. The lawsuit focuses on...
Art Insurers Face Record Loss from Superstorm Sandy
Dec 21 2012 // Fine art insurers face claims of up to half a billion dollars, their biggest ever payout, to compensate the owners of artwork destroyed when Superstorm Sandy flooded galleries in New York. Work by 1960s graphic artist and...
N.J. Regulators Offer Tips on Managing Settlement Process Post-Sandy
Dec 18 2012 // New Jersey Department of Banking and Insurance Acting Commissioner Ken Kobylowski is offering advice to consumers in an effort to help explain the Sandy claims process. The regulator said that so far, more than 458,000 New...
D.C. Mayor Opposes Plan to Reimburse Flood Victims
Dec 18 2012 // District of Columbia Mayor Vincent Gray and water utility officials are opposing a plan by the D.C. Council to reimburse flood victims in Washington because it could set a precedent that would make taxpayers liable for...
Slow Pace of Flood Repairs a Concern in New York City
Dec 17 2012 // As winter approaches, construction crews in New York are in a race against the clock to make thousands of houses damaged by Superstorm Sandy habitable again, and the slow pace of progress has led some people to urge...
Hoboken, N.J., Mayor Urges Congress to Fix Flood Claim Rules
Dec 17 2012 // Hoboken, N.J., Mayor Dawn Zimmer told a U.S. Senate committee Hurricane Sandy caused $100 million in damages to the square-mile city across the Hudson River from Manhattan.A flooded backyard in a Hoboken, N.J....
Houseless After Sandy, Until the Insurance Money Kicks In
Dec 17 2012 // It took one day for Superstorm Sandy to destroy my house. So far, it’s taken more than a month for insurance to help me get back in. The last time I slept in my own home was October 27, two days before Superstorm...
After Sandy, New York City Eyes Moving Power Gear Higher
Dec 14 2012 // A major push is on to move New York City’s electrical infrastructure to higher ground or upper floors after Superstorm Sandy sent seawater pouring into low-lying substations and skyscraper basements and plunged half...
