Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
Gulf Coast, Mississippi River Regions Eager for Flood Funding
Apr 19 2022 // When Hurricane Ida hit last summer, a storm surge overwhelmed a levee and gushed into Ted Falgout’s coastal Louisiana home, destroying his furniture and the beloved framed photos of his twin sons kissing him on their...
UK’s Flood Re Launches Scheme to Help Homowners Raise Resilience Against Floods
Apr 18 2022 // Flood Re, the joint initiative between the UK insurance industry and the UK government to promote the availability and affordability of flood insurance, has launched a proposition designed to ensure homes are more...
Floods Drive Economic Losses in 2021, but Only 25% of Risks Are Insured: Swiss Re
Apr 18 2022 // More than 50 severe flood events around the world caused combined economic losses of $82 billion in 2021, while insured losses stood at slightly more than $20 billion — more evidence of a large ongoing global...
Update: South Africa’s Deadliest Floods in 6 Decades Claim More Than 300 Lives
Apr 14 2022 // South Africa declared floods that killed more than 300 people in the eastern KwaZulu-Natal province a disaster, enabling the government to free up funds to assist with reconstruction in the area. The heaviest rainfall in...
Walgreens Flooded Florida with Opioids, State Lawyer Tells Jury
Apr 12 2022 // Walgreens Boots Alliance Inc. supplied billions of opioid pills to drug addicts and criminals, contributing to an addiction epidemic in Florida, a lawyer for the state said Monday in a civil trial against the pharmacy...
Families Blame CSX for Tennessee Flooding that Killed 20 in August
Apr 11 2022 // Ten families are suing CSX Transportation for up to $450 million over flooding that killed 20 people in Tennessee last year, claiming a clog underneath the railroad giant’s bridge in rural Waverly allowed a...
Reinsurers to Bear Brunt of Australia Flood Claims: AM Best
Apr 5 2022 // The majority of gross losses from recent devastating flooding in Australia likely will be borne by reinsurers with limited impact on primary insurers’ balance sheets, according to an AM Best report. The flooding...
Flood Rating 2.0 Begins April 1 for NFIP Renewals, Hiking Premiums for 2 Million Homes
Mar 31 2022 // Starting April 1, property owners in low-lying areas across the country will see their premiums increase when they renew their flood insurance policies, thanks to the federal government’s new flood-risk rating...
Floods Drive Economic Losses in 2021, but Only 25% of Risks Are Insured: Swiss Re
Mar 30 2022 // More than 50 severe flood events around the world caused combined economic losses of US$82 billion in 2021, while insured losses stood at slightly more than US$20 billion – more evidence of a large ongoing global...
March 2021 Floods in New South Wales, Queensland Cost Insurers A$688M: PERILS
Mar 28 2022 // PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data, has disclosed its fourth and final industry loss estimate for the New South Wales and Queensland floods, which...
The National Alliance Launches NEW Self-Paced Courses: Intro to Commercial/Personal Lines, Flood, Ethics, Workers Compensation
Mar 24 2022 // Austin, TX., March 24, 2022 – The National Alliance for Insurance Education & Research has launched five self-paced insurance license renewal and introductory classes on the topics of Ethics, NFIP Flood Exposures,...
Flood Specialist reThought Provides Resources for Understanding NFIP Risk Rating 2.0
Mar 23 2022 // Broomfield, CO., March 23, 2021, – Insurtech MGA reThought Insurance (‘reThought’) is offering rate reviews for flood insurance brokers poised to see unspecified rate adjustments from the National Flood...
Washington Addressing Flooding That Has Displaced Residents Near Border
Mar 21 2022 // U.S. and Canadian government leaders have agreed to work together to address flooding near the northwest Washington state border with Canada on the Nooksack River. The Bellingham Herald reported Washington state Gov. Jay...
Minnesota Officials Propose Flooding Infrastructure Improvements
Mar 16 2022 // Local officials and area representatives gathered recently in a sunroom by Lake George to discuss the need to invest in local infrastructure as more frequent and heavy rain events caused by climate change strain aging...
HUD: Texas Agency Discriminated in Hurricane Harvey Flood Relief Funding
Mar 10 2022 // Texas’ administration of flood relief money from Hurricane Harvey broke federal law by discriminating against Black and Hispanic residents in the Houston area, according to a decision by the federal housing agency...
Sydney Faces ‘Tough 24 Hours’ as Floods Force Evacuations
Mar 8 2022 // Flood warnings stretched across Australia’s east coast on Tuesday and tens of thousands of Sydney residents fled their homes as torrential rains again pummeled the country’s largest city, flooding several big...
Property, Motor Vehicle Insurance Claims From Severe Australia Floods at A$900M and Rising
Mar 4 2022 // Property and auto insurers in Australia have received 60,163 claims related to the ongoing disastrous flooding in South-East Queensland and New South Wales. Based on previous flood events, the Insurance Council of...
Report: Nearly a Third of U.S. Hazardous Chemicals Facilities Exposed to Climate Change Dangers
Mar 3 2022 // A report from the Intergovernmental Panel on Climate Change stating that climate change is leading to increasingly irreversible impacts, with a narrowing window to adapt to it, is garnering a lot of reaction. The IPCC...
Record Floods on Australia’s East Coast Have Cost At Least 14 Lives
Mar 3 2022 // Sydney was preparing on Wednesday for dangerous flash flooding as population centers farther north began a massive cleanup operation after record floods that have claimed at least 14 lives along Australia’s east...
Louisiana Lawmaker to Hold Flood Insurance Program Townhall
Mar 2 2022 // Louisiana Congressman Garret Graves, St. Charles Parish President Matthew Jewell, FEMA representatives, and members from the St. Charles Parish Council will host a townhall meeting on Thursday, March 3, 2022, 6:00 PM to...
