Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
Deadline for Cheap North Dakota Flood Rebuilding Loans Looms
Sep 25 2012 // Jessica Henderson’s Minot home had just been painstakingly gutted and remodeled, from the basement on up, when the flooding Souris River put its main floor under four feet of water last summer. When it came time to...
Isaac Losses Won’t Strongly Impact P/C Industry in Louisiana
Sep 24 2012 // While insured losses in the United States from Hurricane Isaac likely will fall between $1 billion and $2 billion, according to some risk management experts, the storm’s impact will not severely impact the...
Louisiana Senator Vitter Named a NAMIC Federal Legislator of the Year
Sep 19 2012 // The National Association of Mutual Insurance Companies (NAMIC) has named Sen. David Vitter, R-La., one of its Federal Legislators of the Year for 2012. Sen. Jon Tester, D-Mont., also won the award. “Senators Tester...
Flood Insurer Fidelity National Indemnity to Change Name to Wright Flood
Sep 19 2012 // Flood insurance company Fidelity National Indemnity Insurance Co. is being renamed Wright National Flood Insurance Co. The name change must be approved by the Texas Department of Insurance. Wright National Flood is a...
Mississippi Trial Set for Kmart Complaint Against FEMA Flood Mapping
Sep 17 2012 // A federal judge has set a trial date in a lawsuit over 2010 flooding at the Kmart in Corinth. The Daily Corinthian reported that the trial is scheduled for Feb. 24 in Aberdeen before U.S. District Glen H. Davidson. In...
Isaac Losses Won’t Strongly Impact P/C Industry in Louisiana
Sep 14 2012 // While insured losses in the United States from Hurricane Isaac likely will fall between $1 billion and $2 billion, according to some risk management experts, the storm’s impact will not severely impact the...
Judge Hears Case Over Katrina Floodwall Failure
Sep 14 2012 // Alvin Livers lost his dream home when busted floodwalls unleashed a torrent of water that inundated his New Orleans neighborhood during Hurricane Katrina. Seven years later, Livers is one of several homeowners seeking to...
Hurricane Isaac Insured Losses to Reach $1-$2 Billion: RMS
Sep 14 2012 // U.S. insured losses from Hurricane Issac’s wind and surge impacts on the U.S. Gulf Coast will fall between USD$1−2 billion, excluding rainfall driven flood losses and all National Flood Insurance Program losses,...
New York Has More Than 400 FEMA Home Buyout Applications
Sep 10 2012 // Gertrude Baker and her husband bought their cozy home in Owego in 1956. They raised three kids, befriended neighbors and weathered the occasional flood. But after Tropical Storm Lee bought five feet of water to her first...
Wind Claims from Hurricane Isaac Only Part of the Story
Sep 10 2012 // Insurance claims from Hurricane Isaac, which made landfall in far Southeast Louisiana on Aug. 28, could climb to $1.2 billion, according to one catastrophe modeling firm. AIR Worldwide estimated losses at $1.2 billion, but...
New PURE Program Provides Extra Flooding Services for High-Value Homeowners
Sep 10 2012 // A new flood coverage suite from Privilege Underwriters Reciprocal Exchange, or PURE, is offering high-value homeowners an alternative flood insurance option. PURE Flood Solutions works as an extension of the National Flood...
As Storm Season Shifts Into High Gear, Homeowners Urged to Be Prepared
Sep 7 2012 // As hurricane season shifts into high gear, the Maryland Insurance Administration is reminding consumers that September is Disaster Preparedness Month. Maryland regulators are advising homeowners to check what their...
North Dakota Farmers Want Changes in Crop Insurance Rules
Sep 7 2012 // Some upper Midwest farmers who thought they caught a break when the federal government eased crop insurance rules for land hit by prolonged flooding are finding it isn’t as easy to cash in as they first...
Aon Benfield August Cat Report Focuses on Isaac; Insurance Cover Disparity
Sep 7 2012 // Aon Benfield’s latest edition of its Global Catastrophe Recap report, which reviews the natural disaster perils that occurred worldwide during August, notes that Hurricane Isaac was “the first land falling...
Swiss Re Report Analyzes Rise in Flood Losses – $15 Billion and Counting
Sep 6 2012 // A new report from Swiss Re underscores the fact the “insured flood losses have increased from $1–2 billion in 1970 to $15 billion in 2011, which it describes as an “alarming rate” while posing...
Thousands File Flood Insurance Claims After Isaac
Sep 5 2012 // Thousands of flood insurance claims are being filed in the wake of Hurricane Isaac, a slow-moving storm that hammered several parishes in southern Louisiana with prolonged, drenching rains and tropical-storm force winds,...
Another Disaster Brings Candidates to Gulf Coast
Sep 4 2012 // Mitt Romney wasted no time after accepting the GOP presidential nomination in heading to Louisiana to see the damage from Hurricane Isaac, changing his schedule on the fly to get there the very next day. President Barack...
Days After Isaac, Flooding and Outages Remain
Sep 3 2012 // Much of a finger-shaped parish southeast of New Orleans was still covered with floodwater on Sept. 2 and more than 200,000 people across Louisiana still didn’t have any power, five days after Isaac ravaged the state....
Insurers Processing Estimated $1.2 Billion in Hurricane Isaac Claims
Sep 3 2012 // Insurance claims from Hurricane Isaac have starting coming in, with one estimate saying losses to insurers could total $1.2 billion. AIR Worldwide, which models losses for insurers, said its best estimate of losses was...
Thousands Evacuated as Isaac Floods Outside New Orleans
Aug 31 2012 // Isaac continued to pour unrelenting rain on Aug. 30, flooding areas north and south of New Orleans even as the city’s fortified defenses held and forcing officials to launch speedy evacuation and rescue efforts in...
