Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
Chubb Names Hobson, Formerly with Aon, to New Flood Insurance Post
Sep 25 2019 // Insurer Chubb announced that Louis Hobson has joined the company as senior vice president of Flood Insurance for its North America operations. In this new role, Hobson will work in conjunction with Chubb’s personal...
Hurricane Florence, A Year Later: Many North Carolinian’s Lack Resources to Recover
Sep 25 2019 // Tanika Outlaw was working as the food and beverage manager at the Doubletree Hotel in New Bern last September when Hurricane Florence began shoving feet of water into the city’s downtown area. Ultimately, the storm...
Minneapolis Federal Reserve: With Flooding Comes a Torrent of Data
Sep 24 2019 // One of the biggest problems with the Federal Emergency Management Agency’s flood insurance program is that, nationwide, few property owners actually choose to buy into it. But that’s not the case in many...
Gulf Coast Seafood Biz Slammed by Freshwater from This Year’s Floods
Sep 23 2019 // Fresh water from Midwestern floods has killed oysters along the coasts of three states and cost Mississippi half of its blue crabs. Water that came through a Louisiana spillway killed 95% of the oysters in...
Widespread Damage, Five Deaths in Texas Linked to Imelda
Sep 23 2019 // The widespread damage brought to the Houston area by one of the wettest tropical cyclones in U.S. history came into broader view Saturday, as floodwaters receded to reveal the exhausting cleanup effort that lies ahead for...
More Than 60 Rescued from Flooding after Heavy Rains in Alabama
Sep 23 2019 // Mobile, Ala., firefighters staged more than 60 water rescues after heavy rains prompted flooding across the city. Storms that dumped more than 7 inches of rain across Mobile in a few hours left streets and parking lots...
House OKs Government Stopgap Funding That Extends Flood Insurance Until Nov. 21
Sep 22 2019 // The Democratic-controlled House of Representatives last week passed a continuing resolution to extend federal government funding through Nov. 21 and avoid a government shutdown at the end of the month. The bipartisan vote...
Re/insurers Rethink Climate Change Risks as Losses Grow from Wildfires, Floods, Hail
Sep 20 2019 // By the time David Kaisel got back from selling his flour at a farmers’ market, a wildfire in California’s Capay Valley had burnt both his tractor and the shipping container where he kept some tools. His insurer...
Marsh’s Torrent Technologies Expands Private Flood Coverage for Small Businesses
Sep 20 2019 // Torrent Technologies, a Marsh company, has launched FloodPlus Commercial – a comprehensive private market primary flood insurance offering for agents of its Write Your Own (WYO) carrier clients. Underwritten by...
Imelda Brings Flooding, Disaster Declaration to Southeast Texas
Sep 19 2019 // Flooding from Tropical Storm Imelda on Thursday left hundreds of people trapped in their homes and cars; led to water rescues, a hospital evacuation and power outages; and closed entire school districts, according to...
Improvements to Tulsa-Area Levee System Proposed
Sep 19 2019 // The U.S. Army Corps of Engineers has proposed a $160 million plan to shore up levees around Oklahoma’s second largest city that have been weakened by periodic flooding. The Corps released a feasibility study that...
Group Says FEMA’s Flood Home Buyouts Take Too Long
Sep 19 2019 // For those who want to move out of a flood zone, the wait time for a home buyout can stretch five years or more, according to the Natural Resources Defense Council (NRDC), which analyzed nearly 30 years of data from the...
Weakened Imelda Aims Foot or More of Rain at Flood-Prone Houston
Sep 18 2019 // Tropical Storm Imelda has lost some of its wind power, but continues to pour rain down on the U.S. Gulf Coast, with 12 to 15 inches already recorded and flood-prone Houston in its path. Imelda is now a tropical depression,...
Low-Pressure System Off Texas Coast Expected to Bring Heavy Rain, Flooding
Sep 17 2019 // With a low pressure system hovering off the Texas Gulf Coast that the National Hurricane Center could become a tropical depression, Texas Gov. Greg Abbott has elevated the state operations center to an increased readiness...
Louisiana Farm Program Receives More Funding for Flood Recovery
Sep 17 2019 // A Louisiana program aimed at helping farmers recover from extreme flooding events in 2016 has received an additional $10 million in grant awards, the Louisiana Department of Agriculture and Forestry announced. The...
Catastrophe Modelers: U.S. Insured Losses from Dorian Could Reach $1.5B in U.S.
Sep 17 2019 // Catastrophe modeling firms Karen Clark & Co. and RMS have released insured loss estimates for Hurricane Dorian, ranging from $500 million to $1.5 billion. According to KCC, Dorian reached peak intensity of 185 mph...
JBA Risk Management Launches Probabilistic Global Flood Model
Sep 16 2019 // The global leader in flood risk management, JBA Risk Management, launched the first probabilistic global flood model, which allows re/insurers to model river and surface water flood at 30 meters (98.4 feet) resolution...
AXA XL Partners with Insurtech Neptune Flood to Expand Private Flood Insurance
Sep 12 2019 // AXA XL is partnering with digital private flood insurance program manager Neptune Flood in a strategic underwriting partnership that will more than double Neptune’s capacity across the country. According to CEO Jim...
Wright National Flood Insurance, Zurich Launch Private Flood Product in Florida
Sep 12 2019 // Wright National Flood Insurance Services, LLC (WNFIS) and Zurich North America have introduced Zurich Residential Private Flood Insurance program. This stand-alone admitted product launched exclusively in Florida on...
Nebraska’s Emergency Management Agency Strained by Record Floods
Sep 10 2019 // Nebraska state emergency officials who faced record floods this summer are now scrambling to boost their ranks with more workers to help residents recover and rebuild their communities. The Nebraska Emergency Management...
