Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
La. Communities Earn Flood Discounts
Nov 23 2004 // As the 2004 hurricane season concludes next week, residents of four Louisiana communities will reportedly pay less for flood insurance and enjoy greater flood protection, thanks to recent efforts by local officials....
AIG Private Client Group Unveils Flood Coverage for Homeowner Policies in Several States
Nov 15 2004 // AIG Private Client Group, a division of the property and casualty insurance subsidiaries of American International Group Inc. (AIG), announced the beginning of a national roll-out that adds flood coverage to eligible...
RMS Expands Underwriting Capabilities, Global Suite for Catastrophe Peril Models
Oct 29 2004 // Risk Management Solutions (RMS) announced the launch of RiskLink and RiskBrowser 4.5, the latest versions of its catastrophe modeling systems. The upgraded systems include new underwriting capabilities, expanded...
Primary Flood Coverage
Oct 25 2004 // Nuts & Bolts: Monarch E&S announces a new program for primary flood coverage, both personal and commercial lines. Dollars: Limits of $250,000 per dwelling, $100,000 for personal property for personal lines and...
N.C. Commissioner Discusses Good, Bad Side to Insurance Questions
Oct 23 2004 // North Carolina Insurance Commissioner Jim Long showed Friday just how high he would go to get re-elected. He climbed to the top of the New Bern Fire and Rescue Department’s 40-foot training tower during a campaign...
Pa. Gov. Unveils Letter to Congressional Delegation Regarding Flood Relief
Oct 21 2004 // Pennsylvania Gov. Edward Rendell this week released the following letter to the Pennsylvania Congressional delegation in reference to flood relief for the Commonwealth: Dear Senator Santorum: “As a follow up to our...
WEST VIRGINIA FLOOD VICTIMS HAVE AID AVAILABLE:
Oct 11 2004 // Flood victims in disaster-declared counties reportedly do not need to be concerned that disasters in other states will mean a reduction in funds available for West Virginia. Applications filed for assistance in West...
National Flood Insurance Program Launches Agent Co-Op Program
Oct 4 2004 // Agents who advertise flood insurance in the newspaper, magazine, Yellow pages or on the radio are eligible for reimbursement under a program relaunched by the National Flood Insurance Program. Agents are eligible for...
$40M Accord Reached Over Pennsylvania Apartment Explosion That Killed 6 People
Oct 4 2004 // Lawsuits resulting from a Hatboro, Pa. apartment explosion that killed six people and injured six others have been settled for $40.5 million, a plaintiffs’ lawyer said. The June 16, 2001, explosion and fire at the...
Md. Report Faults FEMA for Failing Isabel Victims
Oct 1 2004 // Problems within the federal flood insurance agency have kept victims of Tropical Storm Isabel from getting adequate settlements for storm damage, according to a report by a flood insurance activist. The report, which...
Minn. Gov. Requests Presidential Disaster Declaration for Flooding in Southern Areas
Sep 30 2004 // In a letter to President Bush on Wednesday, Minnesota Gov. Tim Pawlenty requested a Presidential Disaster Declaration and Federal assistance for areas of southern Minnesota affected by severe flooding that occurred on...
W. Va. Disaster Survivors with Insurance Might Also Qualify for FEMA, State and SBA Assistance
Sep 29 2004 // Individuals and business owners who have private flood insurance may still qualify for disaster assistance from the Federal Emergency Management Agency (FEMA), state and federal officials said. Home and business owners who...
PIA and The Hartford to Offer Members Joint Flood Insurance Program
Sep 28 2004 // The National Association of Professional Insurance agents (PIA) and The Hartford Financial Services Group, Inc. announced that they have teamed up to enable PIA member agents to offer their customers flood insurance...
Flood Zone Correction, Willis Group Partner
Sep 24 2004 // Flood Zone Correction Inc. (FZC), a flood zone correction company, has announced an alliance with Willis Group, one of three global insurance brokers. For a two-year term, Flood Zone Correction Inc. will provide flood zone...
Haitian Flood Deaths over 1,000; Bahamas on Alert as Jeanne Nears; Ivan Poses New Threat
Sep 23 2004 // As the floods caused by Tropical Storm Jeanne slowly recede, Haitians are discovering even more devastation and loss of life. More than 1,000 persons have died in the northern city of Gonaives, and another 1,200 are still...
Historic Richmond Facing Uncertain Future After Flooding
Sep 20 2004 // Shockoe Bottom’s 17.5 Ethos Cafe didn’t have flood insurance. With a 21-foot flood wall shielding the historic, low-lying area in Richmond, Va., from the nearby James River, part-owners of the cafe, Kathy...
Frances May Bring More Claims Than Charley, But Lower Severity
Sep 20 2004 // Preliminary reports from insurers indicate that Hurricane Frances will produce significantly more claims than Hurricane Charley, but the average claim will not be as high, according to the Des Plaines, Ill.-based Property...
SOME WEST VIRGINIA FLOOD VICTIMS GET TAX BREAK:
Sep 20 2004 // West Virginia residents in the Fayette, Lincoln, Logan and Mingo Counties who suffered damage in the late July severe storms can be exempted from paying some state sales and use taxes. Deadline for this exemption for both...
Over 100 Feared Dead in Haiti Floods; Jeanne and Karl Turn North
Sep 20 2004 // Tropical Storm Jeanne has left more than 100 people reported dead from floods caused by heavy rains, as it passed along the Haitian coast. Although by recent standards Jeanne was a relatively weak storm, it was nonetheless...
RMS: Potential Losses for Hurricane Ivan, $2 to $7 Billion
Sep 17 2004 // Risk Management Solutions (RMS), reported that insured losses from Hurricane Ivan in the U.S. are likely to range from $2 to $7 billion, based on updated information on landfall location and wind speeds. Additional insured...
