Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
AIR Analyzes Heavy Impact of UK Floods; 2012 Losses ‘Above Average’
Nov 28 2012 // Catastrophe modeling firm AIR Worldwide has issued a preliminary report on the floods caused by the heavy rainfall that began lashing the British Isles on Thursday, November 22, prompting hundreds of flood warnings and...
New Land, but also Costs, as Nordic Nations Rise from the Sea
Nov 27 2012 // A Stone Age camp that used to be by the shore is now 200 km (125 miles) from the Baltic Sea. Sheep graze on what was the seabed in the 15th century, and Sweden’s port of Lulea risks getting too shallow for ships. In...
AIR Worldwide Raises Sandy Insured Loss Estimates to $16-$22 Billion
Nov 26 2012 // Catastrophe modeling firm AIR Worldwide today revised up its industrywide Sandy insured loss estimates to the $16 billion-$22 billion range. AIR Worldwide had previously estimated on Oct. 30 — the day after Sandy...
New Jersey Shore Towns to Get New Flood Maps by 2013
Nov 26 2012 // Some residents of New Jersey’s coastal towns may soon be required to purchase flood insurance, and not just because of the recent devastation wrought by Hurricane Sandy. By next year, the Federal Emergency Management...
As UK Floods Continue, ABI Urges Progress on Stalled Insurance Talks
Nov 26 2012 // The UK is currently experiencing a protracted series of floods, which have swept up the west coast of the country through Wales and into the Midlands. Two deaths have been reported, and over 800 homes and businesses have...
Terrebonne Lafourche FEMA Flood Maps Still on Hold
Nov 21 2012 // Almost four years after the Federal Emergency Management Agency released preliminary flood risk maps for Louisiana’s Terrebonne and Lafourche parishes, officials don’t know when the final maps will come...
AIR Worldwide Survey Team Describes Sandy Losses in N.J., N.Y.
Nov 21 2012 // AIR Worldwide recently concluded damage survey of areas impacted by Superstorm Sandy, which made landfall on Oct. 29, five miles southwest of Atlantic City, New Jersey. On November 11, 2012, AIR teams were deployed to...
After Sandy, Uncertainty About Real Estate Market, Mortgages, Insurance
Nov 21 2012 // “Reduced for Quick Sale!” reads Mike Montalbano’s Craigslist ad for the three-bedroom home he needs to sell before he can relocate for a new job. The drywall is new, as are the appliances. The only...
Group Warns ACC Clauses Might Apply in Devastating Breezy Point Fire
Nov 20 2012 // When Superstorm Sandy battered the East Coast with high winds and a massive storm surge, 111 homes in the Queens, New York, neighborhood of Breezy Point were destroyed by a fast-spreading fire. This week, the Consumer...
Sandy could drain the NFIP
Nov 19 2012 // In one of its overlooked bipartisan accomplishments last session, Congress, with backing from the insurance industry, managed to approve changes to the National Flood Insurance Program (NFIP) that should help put the...
Mississippi Kmart Flooding Case Set for Trial
Nov 16 2012 // The Mississippi city of Corinth and the Kroger Co. have asked a federal judge to dismiss them as defendants in a lawsuit over 2010 flooding at the Kmart in Corinth. Kmart Corp. is seeking compensation for flood damage at...
Study: Minot, North Dakota Has $1B in Unmet Flood Recovery Needs
Nov 16 2012 // A study has concluded that Minot, N.D., has $1 billion in unmet needs as it continues to recover from historic Souris River flooding in 2011. The Minot City Council spent $125,000 of federal grant money to commission the...
More Businesses Seek Government Flood Insurance After Sandy: Marsh
Nov 16 2012 // More businesses are expressing interest in purchasing flood insurance coverage from the National Flood Insurance Program (NFIP) in the wake of Superstorm Sandy’s heavy rain, record storm surge, and resulting...
Extreme Weather Hits Poor, Middle Class in U.S. the Hardest
Nov 16 2012 // U.S. droughts, floods and heat waves likely fueled by climate change in the last two years hit the people who can afford it the least – the poor and middle class, a report published on Friday said. In affected areas...
Commentary: After Sandy, Time to Reconsider Owning a Beach House?
Nov 16 2012 // The scenes rolling in from the New Jersey shore are devastating, and not just to the people whose homes were destroyed. Also damaged are the “retire with a water view” dreams of others who had aspired to...
AIR Worldwide’s Field Report Describes Scope of Sandy’s Devastation
Nov 15 2012 // Catastrophe modeling firm AIR Worldwide published a field survey report on Wednesday, Nov. 14, detailing damages their representatives saw in some of the hardest-hit areas post-Sandy. According to AIR Worldwide,...
Post-Sandy Survey: Only Minor Damages to Buildings From Direct Wind
Nov 14 2012 // Damage from storm surge and flooding caused by Superstorm Sandy is widespread and extensive — but there is only minor damage to buildings from direct wind, according a field survey report this week from Willis...
Feds: Levee System Did Not Cause Isaac Flooding
Nov 12 2012 // Federal officials say in a report released Nov. 9 that improvements to the New Orleans-area levee system did not cause Hurricane Isaac’s storm-surge flooding of areas in Louisiana that were not inundated during...
Navigating Claims Process Can Be a Challenge for Homeowners
Nov 12 2012 // People looking to rebuild their lives after Superstorm Sandy destroyed and damaged their homes may now have another struggle on their hands: Navigating the often-frustrating claims process with their insurance...
Consumer Group Asks Officials to Monitor Deductibles, ACC Clauses
Nov 7 2012 // A consumer advocacy group has sent letters to government officials in the northeastern states, urging officials to monitor how insurers handle claims after Superstorm Sandy. The group, the Consumer Federation America...
