Latest Flood Headlines

FEMA: Insurance Applies if Oil from Spill Mixes with Flood Waters

Jun 21 2010 // The Federal Emergency Management Agency has clarified that in the event of a declared flooding disaster, flood insurance coverage will apply even if oil from the BP deep well blowout mixes with floodwaters. The National...

State Farm Won’t Add New Flood Policies but Agents Will Still Sell Them

Jun 21 2010 // State Farm Insurance Co. has decided to discontinue writing new flood insurance policies with the National Flood Insurance Program but the company says it will still service existing policies, and State Farm agents will...

People

Jun 21 2010 // U.S. Risk Insurance Group Inc. named Julie Sylim a vice president and branch manager for the company’s Oakland, Calif., office. Julie has more than 20 years of insurance experience, most recently in the wholesale...

Senate Again Rejects Bill Containing Flood Insurance Program Restart

Jun 18 2010 // The U.S. Senate yesterday again voted down a legislative package on jobless benefits, Medicare payments to doctors and business tax breaks that also contains reauthorization of the nation’s flood insurance...

Flash Floods Take 20 Lives in Southern France

Jun 17 2010 // A series of heavy rainstorms has caused rivers and creeks in southern France to rise to unprecedented levels. Flash floods have swept away cars and houses, and directly caused the deaths of at least 20 people, with the...

Group: Southwestern Illinois Levee Fixes May Cost $170M

Jun 17 2010 // A group scrambling to upgrade Mississippi River levees in southwestern Illinois before new floodplain maps potentially raise insurance costs says it can make the fixes for $160 million to $170 million – and pay for...

Nation’s Flood Insurance Program Remains in Limbo

Jun 16 2010 // The Senate today voted against legislation that included a provision to reauthorize the National Flood Insurance Program (NFIP). Along with short term extensions for numerous other federal programs, the NFIP extension was...

Emergency Declared in Wake of Oklahoma Flooding and Severe Storms

Jun 15 2010 // State officials in Oklahoma declared a state of emergency on June 14 for 59 counties following severe storms and flooding that began a day earlier. At the request of Gov. Henry, who is out of the state, Lt. Gov. Jari...

FEMA: Insurance Applies if Oil from Spill Mixes with Flood Waters

Jun 9 2010 // The Federal Emergency Management Agency has clarified that in the event of a declared flooding disaster, National Flood Insurance Program coverage will apply even if oil from the British Petroleum deep well blowout in the...

State Farm Won’t Add New Flood Policies but Agents Will Still Sell Them

Jun 8 2010 // State Farm Insurance Co. has decided to discontinue writing new flood insurance policies with the National Flood Insurance Program but the company says it will still service existing policies and State Farm agents will...

Jun 7 2010 // Congress’s inability to act leaves many in flood prone areas vulnerable – for the second time this year and the fourth in 12 months’ time. When it rains it pours, as the saying goes. By extension, one...

Declarations

Jun 7 2010 // Reauthorization Needed “Congress needs to pass a long-term extension because homeowners living in flood prone regions of the country don’t have anywhere to turn should another major flood occur during this...

Flood Insurance Rates Cut for Properties Affected By Remapping

Jun 7 2010 // Property owners fearing they may be forced to buy expensive flood insurance under a push to draw up new floodplain maps will catch a break by being offered the coverage at sharply lower rates for two years, according to a...

Tennessee Agents Warned on Flood Insurance E&O Exposure

Jun 7 2010 // Some Tennessee homeowners have been surprised to learn their policies won’t pay for flood damage and an attorney and lobbyist is warning insurance agents not to admit to any wrongdoing if clients confront them about...

Declarations

Jun 7 2010 // Reauthorization Needed “Congress needs to pass a long-term extension because homeowners living in flood prone regions of the country don’t have anywhere to turn should another major flood occur during this...

Jun 7 2010 // Congress’s inability to act leaves many in flood prone areas vulnerable – for the second time this year and the fourth in 12 months’ time. When it rains it pours, as the saying goes. By extension, one...

Restoring Gaylord’s Flooded Nashville Properties to Cost $215 Million

Jun 3 2010 // Gaylord Entertainment Co. says it expects the total remediation and rebuild cost for its properties in Nashville, Tennessee damaged by early May’s record flooding to be between $215 million and $225 million. The...

Flood Insurance Program Suspended Until June 7 or Later

Jun 1 2010 // The National Flood Insurance Program (NFIP), which expired at midnight on May 31, is not expected to be able to issue new policies for a week or longer. As reported by Insurance Journal last Friday, Congress left town for...

Tropical Storm Agatha Kills 99 in Central America

Jun 1 2010 // The death toll in Central America from landslides and flooding triggered by the year’s first tropical storm surged to 99 on Sunday, as authorities struggled to clear roads of debris and reach cut-off...

Washington’s Berend Named FloodSmart Agent of the Year

May 28 2010 // Brian Berend, of Brian Berend Agency in Auburn, Wash., has been named FloodSmart Agent of the Year for 2010. The FloodSmart Award recognizes an agent who has made an outstanding effort to promote the National Flood...