Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
JBA Releases Comprehensive UK Flood Model before Flood Re Launch
Dec 18 2015 // UK-based JBA Risk Management, a global provider of flood modelling services for insurers, reinsurers, and property or asset managers, announced the release of its “high resolution, multi-peril flood model of the UK...
NFS Edge Launches Flood Coverage Option for Condo Associations
Dec 16 2015 // NFS Edge Insurance Agency, Inc., a unit of Aon National Flood Services, Inc., through its Insurmark division has launched a new private flood insurance alternative to the Residential Condominium Business Association...
Typhoon Melor Hits Philippines with Fierce Winds and Flooding: AIR
Dec 16 2015 // A report from catastrophe modeling firm AIR Worldwide, describes Super Typhoon Melor, known locally as Nona, as having struck the Philippines on Monday, December 14, 2015, at around 3:00 UTC (11:00 a.m. local time) near...
Report: Southeast States Unprepared for Future Risks from Climate Change
Dec 11 2015 // Source: States at Risk Many states across the country, particularly in the Southeast, are unprepared to face the risks posed from extreme heat, drought, wildfires, inland flooding, coastal flooding and other extreme...
Saving Shore Communities a Risky, Expensive Proposition
Dec 9 2015 // The sea is rising. The land is sinking. Entire mid-Atlantic communities are anchored in between, bookended by certain disaster unless a way is found to turn back the tide and save the shore. No one knows how to fix the fix...
South Carolina Governor Denies Farmer Request to Seek Storm Loss Aid
Dec 9 2015 // Farmers packed the South Carolina Statehouse on Monday to beg Gov. Nikki Haley to ask Congress for money to offset their estimated $376 million in losses from last month’s historic flooding. But the Republican...
Some Minot Officials Want Rewrite of Flood Regulations
Dec 8 2015 // Some officials in Minot, N.D., are proposing that the city rewrites its flood-related regulations in an effort to ease any future hikes in flood insurance premiums for residents. The Minot Daily News reports the...
South Carolina Insurers to Weather At Least $181M in Claims from October Storm
Dec 8 2015 // A pickup truck rests against the side of Gills Creek near a bridge in Columbia, S.C., Monday, Oct. 5, 2015. Days of torrential rains kept much of South Carolina and its capital gripped by floodwaters early Monday. (AP...
India Floods Top Aon Benfield/Impact Forecasting’s November Cat Recap
Dec 8 2015 // Impact Forecasting, Aon Benfield’s catastrophe model development team, has issued the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of natural disaster events that occurred...
PwC UK Raises Desmond Insured Loss Estimates: $375 to $487.5 Million
Dec 8 2015 // Commenting on the impact of Storm Desmond, Mohammad Khan, general insurance leader at PwC UK, stated that the accounting firm’s “current estimate of the damage caused by Storm Desmond is £400 million –...
Insurers Braced for Claims Surge as 10-Year High Floods Hit India
Dec 8 2015 // Insurers from Lombard General Insurance Co. to American International Group Inc. are bracing for a surge in Indian claims to a 10-year high after unprecedented floods last week ravaged Chennai, the city home to factories...
Insurance Lies Clients Believe – And Pass on to Others
Dec 7 2015 // Myths, legends and lies are hard to dispel and correct, especially when doing so appears to financially harm the teller or believer. If the myth is true, the client (the teller/believer) does not need to purchase the...
British Insurers Adjust Risk Models after Costly Repeat of 100-Year Floods
Dec 7 2015 // British insurers could have to pay out up to £250 million ($377 million) in claims to owners of homes and businesses, industry specialists said on Monday, after the northwest of England suffered once-in-a-century floods...
UK Insurers Ready to Aid Recovery from Storm Desmond ABI Assures Policyholders
Dec 7 2015 // The Association of British Insurers (ABI) has issued a bulletin reassuring homeowners and businesses hit by Storm Desmond that insurers “are doing everything possible to help them recover.” The ABI listed some...
Report: Southeast States Not Prepared for Future Risks from Climate Change
Dec 7 2015 // Many states across the country, particularly in the Southeast, are unprepared to face the risks posed from extreme heat, drought, wildfires, inland flooding, coastal flooding and other extreme weather events, according to...
Business Losses in India’s Flood-Ravaged Chennai Could Top $2.2 Billion
Dec 3 2015 // As the flood-ravaged Indian city of Chennai prayed for respite from torrential rains, a trade body said losses to businesses from the record downpour could reach more than 150 billion rupees ($2.2 billion).* Water...
South Carolina Flood Aid Deadline Extended
Dec 1 2015 // South Carolina residents who suffered damage in October’s massive floods will have an extra month to request federal help. Gov. Nikki Haley’s office announced in a statement Monday that the deadline to apply...
Weather-Related Disasters Occurred Almost Daily in Past Decade: U.N. Report
Nov 24 2015 // Weather related disasters such as floods and heatwaves have occurred almost daily in the past decade, almost twice as often as two decades ago, with Asia being the hardest hit region, a U.N. report said on Monday. While...
South Carolina’s Agricultural Flood Loss Estimate Reaches $587M
Nov 22 2015 // The farms and playground area for picking pumpkins are swamped in Mt. Pleasant, S.C., Monday, Oct. 5, 2015. South Carolina is still struggling with floodwaters due to a slow moving storm system. (AP Photo/Mic Smith) South...
States Graded ‘A’ to ‘F’ for Extreme Weather Preparedness
Nov 20 2015 // Many states across the country are unprepared to face the risks posed extreme heat, drought, wildfires, inland flooding, coastal flooding and other extreme weather events, according to a new report card. Only a small...
