Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
News Briefs
Nov 6 2005 // ALABAMA Vesta Reinsurance To Cover Wilma Vesta Insurance of Birmingham, issued a statement saying it has complete reinsurance coverage for Hur-ricane Wilma claims in Florida. “As previously disclosed, Vesta’s...
The Need for Uniform Building Codes in Louisiana
Nov 6 2005 // In the wake of Hurricanes Katrina and Rita, we have an historic opportunity to make crucial changes to Louisiana’s building codes and construction practices. Doing so will help create more resilient homes, businesses...
Debating the Changing Climate – It’s for the Birds
Nov 6 2005 // Powerful, but perhaps prophetic words, following the passage of Katrina and Rita. Have we “scorned,” in William Congreve’s words, the scientific community’s warnings that the world is getting...
Professional liability ripples
Nov 6 2005 // urricane Katrina has long gone, but the aftereffects of the mighty storm are likely to linger for a very long time. Rita and Wilma have compounded the mess. The direct losses are staggering. The latest preliminary figures...
$3B Katrina Claims Paid in Mississippi; Dale Says He’s in a ‘No-Win’ Situation
Nov 4 2005 // The Mississippi Department of Insurance has been the moderator for numerous Hurricane Katrina victims who claim damage they received from Hurricane Katrina was caused by wind, not flooding; and according to Commissioner...
Majority of Hurricane Rita’s $4.7 Billion in Losses Sustained in La., Texas
Nov 2 2005 // The Insurance Council of Texas reported that property and casualty losses from Hurricane Rita are expected to hit $4.7 billion with the majority of losses sustained in Texas and Louisiana. According to the Insurance...
Carriers Flooded With Auto Damage Claims from Hurricane Wilma
Nov 1 2005 // The “Insurance Village” established in Plantation, Fla. near Fort Lauderdale by the Department of Financial Services, had a lot of damaged vehicles in the lot, and many auto policyholders were seen in the...
Miss. Gov. Barbour Says Federal Katrina-Related Aid Proposals Fall Short of Requests
Nov 1 2005 // Mississippi Governor Haley Barbour has criticized President George Bush and his administration’s proposals for Hurricane Katrina-related aid, saying it falls short of what Mississippi has requested from the federal...
Insurers Investigate Fires at Flood-Damaged Homes in La.
Oct 31 2005 // Some of the New Orleans homes drowned by the flooding that followed Hurricane Katrina have been damaged by a second calamity – fire, according to the Associated Press. Louisiana investigators and insurance companies...
N.H. Gets Federal Disaster Aid to Help Recovery from Recent Flooding
Oct 28 2005 // President Bush has approved Gov. John Lynch’s request to declare a major federal disaster in New Hampshire areas affected by the recent floods. As a result, residents, municipalities, businesses and the state are...
Commercial P/C Market Gets Ready for Post-Katrina Price Increases
Oct 24 2005 // Commercial insurance brokers from across the country say so far, the impact of Hurricanes Katrina and Rita has been minimal, but they are bracing for higher prices, reduced capacity, increases in deductibles and tighter...
Florida Keys, Southwest Coast Prepare for Hurricane Wilma’s Arrival
Oct 22 2005 // The National Hurricane Center reported on Sunday evening that Hurricane Wilma was speeding up, moving northeast at 14 mph and expected to make landfall on Florida’s west coast early Monday morning. When Wilma makes...
Taylor, Baker Appeal to House Financial Services Committee to Backdate Flood Coverage
Oct 21 2005 // Mississippi Rep. Gene Taylor, D-4th District, and Rep. Richard Baker, R-La., were key witnesses Thursday in Washington at a House Financial Services subcommittee hearing on the financial health of the federal flood...
Study Accuses FEMA of Lax Implementation of Flood Program Changes Passed in 2004
Oct 19 2005 // A government report has found that the Federal Emergency Management Agency, which administers the national flood insurance program, has not fully implemented reforms mandated by Congress in 2004, including improved...
Big ‘I’ Pleased with Senate Committee’s Look Involving Flood Program
Oct 18 2005 // The Independent Insurance Agents & Brokers of America (the Big “I”) said Tuesday it is pleased that Congress is taking up the National Flood Insurance Program (NFIP) and how to improve it. The Senate...
Editor’s Note: Katrina Brought Out the Good, Bad
Oct 17 2005 // National and state insurance associations are to be congratulated for contributing funds, supplies and manpower to thwart the after-effects of Hurricane Katrina; while Mississippi politicians, including Attorney General...
News Briefs
Oct 17 2005 // Arkansas Employment up in Ark. A recent report from the Federal Deposit Insurance Corp. showed that employment in Ar-kansas is at a high point-1.1734million-but warned that hurricane refugees could strain state...
Dual Hurricanes Blew in Big Problems for Agribusiness in Louisiana,Texas
Oct 17 2005 // In addition to the immense destruction in heavily populated urban centers and coastal communities caused by Hurricanes Katrina and Rita, which hit the Gulf Coast region in August and September 2005, agricultural interests...
Heavy Rains Cause U.K. Floods
Oct 13 2005 // Heavy rains overnight caused severe flooding in parts of the U.K. The worst affected areas were in southwestern Scotland, west Wales and Cumbria, where authorities issued numerous flood warnings. Roads have been closed and...
Commissioner Reminds Coloradans To Consider Flood Insurance
Oct 13 2005 // Insurance Commissioner David Rivera is reminding Coloradans to consider purchasing flood insurance. “While it is very unlikely that a hurricane will hit Colorado, the extensive flooding caused by Hurricanes Katrina...
