Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
Can China Shield the Biggest Uninsured Economy From Floods?
Dec 19 2024 // The rivers and canals that meander through Hemudu in southeastern China are a vital source of life and community — they provide income for fishermen, an after-school hangout spot for kids, and define the town’s...
England Warns Nearly a Million More Properties Face Flood Risks
Dec 17 2024 // Almost a million more properties in England are at risk of flooding than previously thought, raising concerns about a growing number of uninsurable or unsellable properties over the coming decades. Data from the...
Coming Soon to Florida: New State-Fed Program to Elevate Homes in Flood Zones
Dec 11 2024 // At the Florida Chamber of Commerce Insurance Summit last week, the state’s emergency management director announced a multi-million-dollar program that many homeowners, lawmakers and insurers have long hoped for: New...
How Vermont Community Helped One Family Recover After Floods Took Everything
Dec 5 2024 // The last thing John and Jenny Mackenzie saw as they fled their Vermont home with their daughters, dog and two guinea pigs last summer was their cars upended and propelled away by rushing flood waters. Minutes earlier they...
Regulatory Roundup: California’s Flood Mitigation Initiative, Workers’ Comp Insurance Fraud, Over $300,000 in Compliance Fines
Dec 4 2024 // State-by-state variations of laws, compliance protocols, industry transparency, and general regulatory culture can lend one the impression that keeping up with industry changes is a little bit like herding cats. So, what...
FEMA Drops Hammer on Fort Myers Beach After Improper Rebuilding in Flood Area
Dec 3 2024 // Last spring, the Federal Emergency Management Agency jolted southwest Florida communities – most of which were still recovering from Hurricane Ian in 2022 – when it announced that the areas would lose their community...
New Jersey Using Buyouts and Barriers to Battle Flooding
Dec 2 2024 // New Jersey is using a mix of buyouts and barriers to tackle flooding in two vulnerable locations. Officials this week announced funding to buy and demolish homes in flood-prone sections of Cranford, a Union County...
Flood Adaptation Preferable to Post-Disaster Rebuilding – And It Helps With Insurability
Dec 2 2024 // Economic losses caused by natural catastrophes reached an estimated US$280 billion in 2023, with US$51.6 billion of that total due to floods, according to Swiss Re Institute. As climate change intensifies extreme weather...
Storm Bert Brings Flooding and Disruption to UK and France
Nov 25 2024 // Storm Bert left a trail of disruption across the UK, with hundreds of flood warnings in place for Wales and the west of England. Five people were reported to have died by local media, after the storm brought heavy rain and...
Bank of Spain Estimates Floods Cost 0.2% of GDP in 4th Quarter
Nov 20 2024 // Last month’s catastrophic floods in eastern Spain are likely to have a negative impact of 0.2 percentage points on the country’s gross domestic product in the fourth quarter, the Bank of Spain said on...
Flood Adaptation Preferable to Post-Disaster Rebuilding – And Helps With Insurability
Nov 19 2024 // Economic losses caused by natural catastrophes reached an estimated US$280 billion in 2023, with US$51.6 billion of that total due to floods, according to Swiss Re Institute. As climate change intensifies extreme weather...
Spain’s Record-Breaking Floods Push Insured Losses Above €4 Billion ($4.2 Billion)
Nov 18 2024 // Total insured losses from recent floods in Spain are expected to exceed €4 billion (US$4.2 billion), according to credit rating agency Morningstar DBRS. This insured price tag includes losses absorbed by the Consorcio de...
NFIP to Begin Taking Monthly Flood Insurance Payments
Nov 18 2024 // The National Flood Insurance Program will soon start to accept monthly payments for flood insurance premiums, ending 55 years of requiring full payment upon application or renewal. The Federal Emergency Management Agency...
Tropical Storm Sara Menaces Honduras With Catastrophic Floods
Nov 15 2024 // Tropical Storm Sara has formed off the coast of Honduras, threatening to unleash catastrophic flooding and landslides across Central America. Sara, the Atlantic’s 18th named storm this season, had top winds of 40...
Florida Commission Accepts Three New Flood Models as Storm Impacts Rise
Nov 14 2024 // As with computer models that help predict risk from hurricane winds, insurers now have more than one model to use when gauging flood damage in storm-soaked Florida. The Florida Commission on Hurricane Loss Projection...
South Africa Declares National Disaster After Floods, Storms
Nov 13 2024 // South Africa declared a national disaster after floods and storms caused widespread damage in the country, allowing the government to free up funds for relief and reconstruction. Disruptive rains, floods, strong winds and...
Spain’s Devastating Floods Will Cost Insurers Over $3.8 Billion
Nov 8 2024 // The floods that devastated the Spanish region of Valencia at the end of last month are expected to trigger total insurance losses in excess of €3.5 billion ($3.8 billion), Moody’s said citing official...
Time Dwindling for Flood-Affected Connecticuters to Apply for Assistance
Nov 7 2024 // Connecticut Governor Ned Lamont recently reminded homeowners, renters and businessowners in Fairfield, Litchfield and New Haven counties that less than two weeks remain to apply for federal disaster assistance to support...
Spain Risks €10.6 Billion Flood Damage Bill, PM Sanchez Says
Nov 6 2024 // Spanish Prime Minister Pedro Sanchez announced the first financial package for victims of the storms that killed more than 200 people in the country’s eastern region of Valencia. Spain will earmark as much as €10.6...
Biden Declares Major Disaster Area in New Mexico Due to Historic Flooding
Nov 5 2024 // President Joe Biden declared a major disaster area in southeast New Mexico after historic flooding killed two people and forced the rescue of more than 300 last month. The declaration announced last week makes federal...
