Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
8 Ways Katrina Changed Commercial Property Insurance
Aug 21 2015 // Hurricane Katrina, which devastated New Orleans 10 years ago, is responsible for a number of changes in the commercial property insurance market. According to Rick Miller, U.S. property practice leader at Aon Risk...
Beyond Katrina: Lessons in Mitigation, Insurance and Community
Aug 21 2015 // Among the lessons to be learned from Hurricane Katrina are that communities and all stakeholders should prioritize flooding as the greatest risk, devote more resources to preventive measures rather than post-event disaster...
Florida Insurance Chief Calls on NFIP to Hand Over Its Data
Aug 20 2015 // In his ongoing efforts to foster a competitive private flood insurance market in Florida, state Sen. Jeff Brandes, R-St. Petersburg, recently requested help from the state’s Office of Insurance Regulation to obtain...
10 Years After Katrina, Coastal Cities Face Greater Flood Risk: RMS
Aug 19 2015 // A decade after Hurricane Katrina caused $41 billion in property/casualty insurance losses, the most expensive catastrophe for the global insurance industry, rising sea levels are driving up expected economic and insurance...
Long, Bruce Join Cunningham Lindsey in Dallas
Aug 18 2015 // Dallas-based global loss adjusting and risk management services company Cunningham Lindsey has added Denise Long as vice president of Catastrophe Operations and Michael Bruce as director of Flood Operations. Long will...
Florida Commissioner McCarty Says NFIP Rates May Be Unfairly Discriminatory
Aug 18 2015 // Florida Insurance Commissioner Kevin McCarty said on Aug. 14 that the National Flood Insurance Program’s (NFIP) rates for Florida may be “unfairly discriminatory” and that his office will ask for the...
Hurricane Katrina and the Evolution of Risk Management
Aug 17 2015 // Nearly 10 years ago, wind and storm surges as a result of Hurricane Katrina caused $41 billion in insured losses and $108 billion in total economic losses in the United States. Many of the lawsuits filed as a result of the...
Utah City’s Basements Flood After Large Reservoir Leak
Aug 12 2015 // Residents of Ogden, Utah have been facing flooded basements since June, but the area-irrigation water supplier may have found the problem: a leak in a nearby reservoir. The Standard-Examiner reported that the general...
FEMA Makes 1st New Payments to Sandy Flood Claimants After Review
Aug 11 2015 // The federal government has started making new payments to victims of Superstorm Sandy after a review found that some policyholders were not paid what they were due from the National Flood Insurance Program. The Federal...
Pennsylvania’s Mill Creek Flood of 1915 Re-Examined
Aug 11 2015 // Erie, Pennsylvania, has had some tragic days, but Aug. 3, 1915, ranks at the top. At 8:45 p.m. that Tuesday, a wall of water tore through the city at 25 mph, lifting houses from their foundations, ripping pavement from...
Price Tag from Spring Severe Weather Adding Up in Oklahoma
Aug 11 2015 // The rain has stopped falling and the triple-digit heat of an Oklahoma summer has finally arrived, but state emergency managers are still adding up the price tag for repairing roads, bridges and other public infrastructure...
Typhoon Soudelor Hits Taiwan and China with Rains, Floods & Wind: AIR Report
Aug 11 2015 // A report from catastrophe modeling firm AIR Worldwide, states: “Typhoon Soudelor has weakened over eastern China after making landfalls in Saipan, Taiwan, and China. The storm made landfall in Taiwan at 21:00 UTC on...
Missouri Gets Federal Disaster Declaration for Severe Storms, Floods
Aug 10 2015 // Missouri Gov. Jay Nixon says President Barack Obama has approved a request for a major disaster declaration after repeated flash flooding and severe storms from May 15 to July 27. Nixon announced the disaster declaration...
SBA Disaster Assistance Available in Louisiana Due to Flooding
Aug 10 2015 // Low-interest federal disaster loans are still available to Louisiana businesses and residents affected by the Red River flooding that occurred May 18 through June 20. U.S. Small Business Administration Administrator Maria...
UPDATE: Typhoon Soudelor Nears Taiwan; China Next: AccuWeather Report
Aug 7 2015 // AccuWeather has reported that “powerful Typhoon Soudelor will bring both flooding rainfall and damaging winds to Taiwan as the storm remains on a collision course with the island.” The report noted that...
Mississippi County Wants Unified Flood Control Approach With Neighbors
Aug 6 2015 // DeSoto County supervisors want the Corps of Engineers to coordinate a unified flood-prevention effort. Letters from the board seek to get the Vicksburg and Memphis districts in the same boat with DeSoto and its North...
Munich Re Launches Inland Flood Insurance Product for U.S. Homeowners
Aug 6 2015 // Munich Reinsurance America, Inc. has launched a new personal lines inland flood insurance product designed to provide more options for homeowners in low-to-moderate-hazard flood zones. According to the National Flood...
10 Business Insurance Lessons and 1 Owner’s Advice from Katrina
Aug 5 2015 // Nearly 10 years ago, wind and storm surges as a result of Hurricane Katrina caused $41 billion in insured losses and $108 billion in total economic losses. Many of the lawsuits filed as a result of the fifth hurricane of...
Summer Flooding Causing Damage, Evacuations in Tampa Bay Area
Aug 5 2015 // A summer deluge has flooded streets in the Tampa Bay area, forcing some road closings and evacuations, delaying airline flights and overtaxing parts of local wastewater treatment systems. Major intersections were closed...
Summer Recreation Business a Washout Due to Illinois River Floods
Jul 29 2015 // Flooding along the Illinois River that has prompted National Weather Service warnings and closed the waterway to boaters for weeks this summer has dampened recreational activities. Marina owners, boat shop workers and...
