Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
Windstorm Andrea, First of 2012, Causes Damage in Europe: AIR Report
Jan 9 2012 // According to catastrophe modeling firm AIR Worldwide, Windstorm Andrea passed through the U.K. earlier this week, fast on the heels of Windstorm Ulli, which brought widespread travel and power disruptions to Scotland. The...
Flood Insurers Asked to Quickly Process Remaining Claims
Jan 9 2012 // U.S. Senator Bob Casey (D-Penn.) asked flood insurance companies to quickly process remaining claims from Irene and Lee. He says some 20 percent of the claims in Pennsylvania are still not processed. Federal flood...
‘Flood House’ Gives Close-Up of Water Damage
Jan 3 2012 // Diane Hopp says she doesn’t have a green thumb, so if her neighbors were around, they might be surprised to see her spraying a garden hose — particularly in December inside the living room of a newly renovated...
New York City Helps Upstate Towns Prepare for Future Floods
Jan 2 2012 // The catastrophic flooding from hurricanes Irene and Lee exposed planning gaps in small towns that can’t afford effective flood readiness plans. But in New York’s Catskill Mountains, partnership with New York...
Guy Carpenter Analyzes 2011 Catastrophes; $108 Billion in Losses
Dec 30 2011 // Reinsurance broker Guy Carpenter has examined the past year’s natural catastrophes, which it describes as “an unusually eventful year for the (re)insurance sector.” In addition to the ongoing financial...
Penn. Senator Asks Flood Insurers to Quickly Process Remaining Claims
Dec 29 2011 // U.S. Senator Bob Casey (D-Penn.) is asking flood insurance companies to quickly process remaining claims from Irene and Lee. He says some 25 percent of the claims in Pennsylvania are still not...
ABI Seeks ‘Long Term’ Solution, Government Help to Cover UK Floods
Dec 28 2011 // Otto Thoresen, director general of the Association of British Insurers has issued a statement outlining the organization’s position on flood coverage in the UK, in response to recent proposals from the...
Insurers Worry 2012 Will Top 2011 for Record Weather Disasters
Dec 28 2011 // From floods that crippled countries, to mega cyclones, huge blizzards, killer tornadoes to famine-inducing droughts, 2011 has been another record-breaker for bad weather. While it is too early to predict what 2012 will be...
Mississippi Officials Want Hunting, Fishing Camps Eligible for Flood Insurance
Dec 28 2011 // Officials in Pascagoula, Mississippi are asking lawmakers to amend a state law and allow local governments to enforce federal floodplain codes at hunting and fishing camps so they can qualify for the National Flood...
Early Flood Outlook Looks Favorable for North Dakota
Dec 28 2011 // North Dakota residents who have taken turns battling major floods the last three years may be in for a break, based on the first National Weather Service flood outlook of the season. Hydrologist Allen Schlag says the...
FEMA to Give Partial Credit for Substandard Levees in Drawing Flood Zones
Dec 27 2011 // A levee isn’t perfect, but it exists and that should count for something when deciding if a property is at risk for flooding. That’s the position of the Federal Emergency Management Agency in a new proposal...
Everest Re Estimates Thai Flood Losses at $100 to $125 Million
Dec 27 2011 // The Bermuda-based Everest Re Group announced that it expects to incur net losses of between $100 million and $125 million, after reinstatement premiums and taxes, for claims arising from floods in Thailand. The bulletin...
Federal Flood Insurance Reauthorized Until May 2012
Dec 26 2011 // The federal flood insurance program has been extended until May 31, 2012 under another short-term consolidated appropriations bill (H.R. 2055) passed by the House and Senate and signed into law by President Obama on Dec....
Dry Northern Plains Helps Spring Runoff Prep
Dec 21 2011 // Thanks to a dry fall across the northern Plains, the U.S. Army Corps of Engineers is months ahead of schedule in releasing water from reservoirs on the upper Missouri River to guard against another spring of record-setting...
Study: Private Insurers Can Complement National Flood Insurance
Dec 20 2011 // There is a new study out that examines the U.S. flood insurance program. And it says that according to its calculations, there are some regions in the country where National Flood Insurance Program (NFIP) premiums are too...
AIR Analyzes Tropical Storm Washi’s Impact on Philippine’s Mindanao
Dec 20 2011 // According to catastrophe modeling firm AIR Worldwide, Tropical Storm Washi pummeled the northern part of the Philippine island of Mindanao late Thursday night. Heavy rainfall from Washi (locally called Sendong) lasted for...
Cat Assessment Firm PERILS Expands Coverage to Include UK Flood Risks
Dec 19 2011 // PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data, announced that it has extended its market coverage to include the peril of inland flooding in the UK. The bulletin...
Flash Floods Kill More Than 530 in Philippines
Dec 19 2011 // As a storm that killed more than 530 in the southern Philippines raged outside the store where she works, Amor Limbago worriedly called home to check on her parents, but their cell phones just kept ringing and later went...
SCOR Estimates Thai Flood Losses at $185 Million
Dec 16 2011 // French reinsurer SCOR Group has estimated its losses from the floods in Thailand at €140 million [$185 million] net of retrocession and before tax. SCOR described the floods as a “major natural catastrophe, which...
Fact or Fiction? Insurance Tidbits of Known and Little-Known Information
Dec 16 2011 // Have you ever wondered how modern-day fire departments began? Or why agents buy E&O coverage? What about when the first business owners policy launched? These are just a few questions that Insurance Journal and Claims...
