Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
Texas Insurance Department Recommends Flood Disclosure on Property Policies
Jan 9 2019 // In its 2018 Biennial Report, the Texas Department of Insurance made several recommendations to the legislature regarding issues the agency believes are worth looking at by lawmakers in the 2019 legislative session. One, at...
Tennessee Insurance Head McPeak Talks Leading NAIC, Priorities Under New Gov
Jan 9 2019 // Tennessee Insurance Commissioner Julie Mix McPeak’s tenure as president of the National Association of Insurance Commissioners (NAIC) may have come to an end, but her work as an insurance regulator will continue for...
California Wildfires, Hurricane Michael Top List of 2018’s Costliest Natural Disasters: Munich Re
Jan 8 2019 // The costliest natural catastrophes occurred in the United States in 2018 with one of California’s devastating wildfires and Hurricane Michael topping the list, according to Munich Re. A report from Munich Re on last...
The Co-Operators Offers Storm Surge Cover for Homeowners Across Canada
Jan 7 2019 // Montreal-based Co-operators is offering storm surge insurance for homeowners in Quebec and Manitoba, which completes the company’s product rollout to Canadian homeowners from coast to coast. Co-operators described...
New House Finance Chair Waters Under Pressure; Flood Insurance on Bipartisan Agenda
Jan 7 2019 // As Maxine Waters takes the gavel of the powerful House Financial Services Committee, it’s not clear whom she’ll end up disappointing more: business-friendly Democrats or progressive Democrats. Conservative...
Central Mississippi Hit by Flooding from Heavy Rains
Jan 7 2019 // Parts of Mississippi continue to deal with river flooding as rains continue to fall. The National Weather Service had a flood warning through Sunday night for Tallahala Creek at Laurel in Jones County. A warning was also...
East States See Health, Flood Coverages as Key in 2019 with Insurtech, Recruitment Raising Concerns
Jan 7 2019 // From big data and blockchain to autonomous vehicles and new technology that isn’t yet on the radar, “change is inevitable” for the insurance industry in 2019. “Insurance companies, insurance...
Southeast Officials Focus on Curbing Fraud, Rising Auto Rates, Flood Insurance, and Distracted Driving
Jan 7 2019 // For the seventh year in a row, the Florida insurance industry, regulators, and consumer advocates will push for reforms to the state’s assignment of benefits issue that has now become an insurance crisis, according...
Declarations
Jan 7 2019 // Caution Advised “I encourage New Yorkers to exercise caution when disclosing sensitive personal information.” — New York Attorney General Barbara D. Underwood warned in a press release announcing that a...
3 Reasons Recovery from Hurricane Florence is Different from Hurricane Michael
Jan 7 2019 // Lessons from Past Storms and Economic Changes Suggest Rebuilding Efforts After Florence Will Be Arduous As the saying goes – location is everything. Following the two largest U.S. hurricanes this year, Hurricane...
Southern California City Asking Residents for Suggestions on Battling Climate Change
Jan 3 2019 // The city of Long Beach, Calif. is soliciting help from its citizens to come up with a plan to deal with climate change. The coastal city of roughly half-a-million, which was an early adopter of the ban on plastic bags and...
In Reversal, Flood Insurance Program Resumes Normal Operations During Shutdown
Dec 28 2018 // Last Friday evening, the Federal Emergency Management Agency (FEMA) announced that the National Flood Insurance Program (NFIP) will resume the normal sale of new insurance policies and the renewal of expiring...
South Carolina Gov Creates Commission to Tackle State Flooding Problems
Dec 28 2018 // Gov. Henry McMaster isn’t taking three once-in-a-lifetime floods in South Carolina in four years lightly. He created a commission of dozens of government officials, business leaders and academic experts and told them...
Missourians Urge FEMA Action Over Too-High Illinois Levee
Dec 27 2018 // Missouri landowners and environmentalists are urging a federal agency to sanction a levee district on the Illinois side of the Mississippi River, arguing that the earthen barrier has been built above its authorized height,...
Insurance, Banking Groups Balk at Limits on Flood Insurance Operations During Shutdown
Dec 27 2018 // As indicated by a report by Insurance Journal over the holidays, the Federal Emergency Management Agency (FEMA) is limiting the authority of the nation’s flood insurance program to issue new and renewal policies...
President Signs Flood Insurance Extension But Government Shutdown Could Limit Operations
Dec 22 2018 // On Friday, December 21, 2018, President Trump signed into law a measure reauthorizing the National Flood Insurance Program until May 31, 2019. The flood program was set to expire at midnight on Dec. 21. However, the...
Restore Louisiana Offering Buyouts to Homeowners in Floodways
Dec 17 2018 // A Louisiana program helping people affected by the 2016 floods is offering buyouts to those living in especially hazardous areas, state officials said. Restore Louisiana officials said that homeowners in floodways can...
ICT: Central Texas October Flood Insured Losses Top $22M, So Far
Dec 14 2018 // Payments made by FEMA’s National Flood Insurance Program (NFIP) for insured losses from flooding in central Texas in mid-October have exceeded $22 million and could exceed $30 million when all claims have been filed...
Texas Hurricane Harvey Rebuilding Commission: Storm Was a ‘Wakeup Call’
Dec 14 2018 // A commission convened by Texas Gov. Greg Abbott to focus on rebuilding after Hurricane Harvey issued a report on Dec. 13 saying the state should take a series of steps to prepare for the next big storm, including improving...
Sweden’s Wildfires Highlight Cost of Rapidly Changing Climate in Europe
Dec 12 2018 // Hannele Arvonen, the owner of one of Sweden’s largest lumber yards, is spending the winter months planning for a new and unexpected threat to her business: regular wildfires raging just south of the Arctic...
