Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
Suits Against Army Corps Over Nashville Floods Dismissed
Mar 4 2013 // A federal judge has dismissed a pair of lawsuits claiming the U.S. Army Corps of Engineers was responsible for flood damage in 2010 to the Grand Ole Opry, Gibson Guitar and other Nashville-area businesses. The companies...
N.J. Gov. Christie: Fed Flood Insurance Program ‘Awful’
Mar 1 2013 // New Jersey Gov. Chris Christie says federal flood insurance claims from Superstorm Sandy are being paid too slowly.N.J. Gov. Christie, seen here at a Jan. 24 news conference in Seaside Heights, says federal flood insurance...
New FEMA Flood Maps for NYC Include WTC Site
Feb 27 2013 // The Federal Emergency Management Agency has released new advisory maps for Manhattan that include the World Trade Center site in the zone seen as most at risk for flooding during a powerful coastal storm.The construction...
Industry Group Testifies on Sandy Claims Handling Process in New York
Feb 27 2013 // An insurance industry association testified about insurers’ response to Superstorm Sandy and the lessons learned at a hearing Tuesday before the New York Assembly Standing Committee on Insurance. The American...
U.S. Cities in Front Line of Adapting to Extreme Weather, Rising Sea Levels
Feb 27 2013 // The signs of rising water are everywhere in this seaport city: yellow “Streets May Flood” notices are common at highway underpasses, in low-lying neighborhoods and along the sprawling waterfront. Built at sea...
Mississippi River Flood of 2011 Caused $2.8B in Economic Damage: Army Corps
Feb 27 2013 // The Mississippi River flooding of 2011 caused $2.8 billion in damage and tested the U.S. Army Corps of Engineers’ system of levees, reservoirs and floodways like never before, exposing vulnerabilities that need...
AIR Worldwide Analyzes Potential Impact of Tropical Cyclone Rusty
Feb 27 2013 // Catastrophe modeling firm AIR Worldwide described Tropical Cyclone Rusty as having grown rapidly in intensity since its formation on Saturday. Although it is not expected to directly impact Port Hedland, Australia’s...
Deadline Extended for Isaac Flood Insurance Claims
Feb 25 2013 // Louisiana property owners with flood insurance policies whose homes or other structures were damaged during Hurricane Isaac have an additional 60 days to file claims for their flood-related losses. Policy owners now have...
Risk of Minor Flooding Along Souris River This Spring
Feb 25 2013 // The risk of minor flooding at various points along the Souris River in North Dakota this spring is slightly greater than normal, the National Weather Service said. Allen Schlag, a Bismarck-based National Weather Service...
Closing Sandy Claims
Feb 25 2013 // It’s been more than three months since Superstorm Sandy wrought havoc across the East Coast last fall. And since then, the property/casualty insurance industry has stepped up to deliver its promise to customers and...
Data Suggest Some Insurers Handling NFIP Claims Faster Than Others
Feb 25 2013 // Up and down the Atlantic coast, people are telling horror stories about how long it has taken to get an insurance check for flood damage caused by Superstorm Sandy. Nearly 40 percent are still waiting for the final...
FEMA Defends Handling of Sandy Flood Claims
Feb 25 2013 // The Federal Emergency Management Agency is defending its handling of Superstorm Sandy-related flood insurance claims following sharp criticism by New Jersey’s governor. FEMA says more than half of the more than...
Sandy Blow to N.J.: Costly Work or Costlier Insurance Premiums
Feb 25 2013 // Superstorm Sandy landed one final stunning blow to New Jersey as the state adopted rebuilding guidelines that come with sticker shock. They will force homeowners in flood zones to spend tens of thousands of dollars to...
Best Reports Thailand’s Non-Life Sector Moving to New Regulatory Era after Floods
Feb 21 2013 // A new report from A.M. Best says that “regulatory reform and the 2011 floods continue to generate pressure for Thailand’s non-life insurance industry as it contends with uncertain loss development, stricter...
New York Officials: Include Hudson Areas in Flood Study
Feb 20 2013 // New York officials are calling on the U.S. Army Corps of Engineers to include Hudson River communities in a $20 million study of flood-prone areas in the wake of Superstorm Sandy. Sen. Charles Schumer says local...
Fitch Concludes Indonesian Flood Losses Manageable for Non-Life Insurers
Feb 20 2013 // Fitch Ratings said it does not expect insured losses from the recent flooding in Jakarta, Indonesia in January to trigger widespread solvency problems or excessive financial strain on the balance sheet of non-life insurers...
Statistics on Insurers Handling Sandy Flood Claims
Feb 19 2013 // The 15 insurers participating in the National Flood Insurance Program that are handling at least 1,000 claims related to Sandy, the progress they have made in closing claims, and the money they have paid out to date:...
N.J. Congressional Delegation Expresses Concern Over NFIP Claims
Feb 15 2013 // On Tuesday Feb. 12, New Jersey’s Congressional delegation sent a letter to Federal Emergency Management Agency Administrator W. Craig Fugate, expressing their concern over what the delegation described as “the...
U.S. Wants Gaylord’s Tennessee Flood Suit Against Army Corps Dismissed
Feb 14 2013 // A federal judge is scheduled to hear arguments on whether to dismiss a lawsuit filed by the Gaylord Entertainment Co. seeking money for property damage to its luxury hotel and convention center, the Grand Ole Opry and...
Insurer Reports Sandy Flood Claims Resolving Quickly
Feb 14 2013 // A bulletin by the National Flood Insurance Program helped spur quicker processing of Sandy flood-related claims. Prior to the bulletin, claims were adjusted according to the policy and guidelines established by the Federal...
