Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
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...
Feds Say Flood Control in Northwest Ohio Could Cost $150M
Dec 13 2012 // Flood control for the Blanchard River in Ohio, where there have been several major floods since 2007, could cost up to $150 million or more, according to federal officials. Flood prevention has become a top priority along...
FEMA to Help Elevate Homes in Louisiana’s Terrebonne Parish
Dec 11 2012 // More structures in Terrebonne Parish will get a boost above future storm surges with another wave of federal grants. The Courier reports about $3 million in Federal Emergency Management Agency money will be used to elevate...
White House $60 Billion Sandy Relief Request Includes Flood Insurance Funding
Dec 10 2012 // The White House has officially asked Congress to authorize $60.4 billion in federal spending for response, recovery and mitigation related to Hurricane Sandy damage in all affected states. The request, in a letter to the...
New York Superstorm Warnings Went Unheeded for Decades, Observers Say
Dec 9 2012 // More than three decades before Superstorm Sandy, a state law and a series of legislative reports began warning New York politicians to prepare for a storm of historic proportions, spelling out scenarios eerily similar to...
FEMA Likely to Expand Flood Zones Along N.J. Coast in Wake of Sandy
Dec 9 2012 // The federal government is poised to expand flood zones and push for increases in building elevations along the New Jersey coast in the wake of flooding from Hurricane Sandy. The Federal Emergency Management Agency was...
Aon Benfield’s Monthly Cat Report Highlights UK Floods
Dec 7 2012 // Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc, has released its latest edition of its monthly Global...
Tennesee Valley Authority Pressed for Details on Nuclear Plant Flood Safety
Dec 7 2012 // Nuclear power plant regulators want more specific information from Tennessee Valley Authority (TVA) on how the utility plans to protect reactors in case of severe flooding. According to the Chattanooga Times Free Press,...
NJM Insurance: Sandy-Related Claims Could Exceed $300M
Dec 6 2012 // With more than 52,000 Sandy-related claims filed to date, New Jersey Manufacturers Insurance Company said it anticipates that payouts to policyholders who have suffered covered losses could exceed $300 million — four...
