Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
Guy Carpenter Launches G-CAT® Canada Flood Model
Apr 16 2015 // Guy Carpenter launched its G-CAT® Canada Flood Model, which it describes as the first ever probabilistic flood model for Canada that enables insurers to assess their exposure to flood, Canada’s most frequently...
Feds: Ohio Flood-Control Project Would Cost $66M
Apr 15 2015 // A plan to reduce flooding along the Blanchard River in northwestern Ohio, which includes building a 10-mile channel to divert water away from downtown Findlay, would cost nearly $66 million, according to the federal agency...
Trunk Joins Lighthouse Property Insurance in the Carolinas
Apr 15 2015 // Lighthouse Property Insurance Corp. has hired George Trunk as senior marketing representative of both North and South Carolina. George Trunk Trunk comes to Lighthouse with more than 28 years of experience in the insurance...
Millions, Including Sandy Victims, Facing Higher Flood Insurance Premiums
Apr 14 2015 // A $24 billion sea of red ink has millions of Americans in vulnerable flood zones, including homeowners still struggling to recover from Superstorm Sandy, facing steep increases in flood insurance premiums. New legislation...
Floods & Drought Amid Climate Change Cost Global Economy Billions: Oxford
Apr 14 2015 // A new report on water insecurity says floods and drought amid climate change and a lack of investment in reliable water supplies is weighing on the global economy by tens of billions of dollars a year. “Water is...
How Another Country’s Insurance Industry Is Facing Climate Change
Apr 9 2015 // Tim Grafton, chief executive of the Insurance Council of New Zealand, lives in a country surrounded by risk on all sides, and he’s unabashed in his efforts to use flooding events, frequent storms or other...
Bell, Smith Top Allstate’s Stormiest Counties in Texas List
Apr 9 2015 // Allstate has tallied the top 25 Texas counties affected by severe weather; identifying areas with highest frequencies of wind and hail, and lightning related homeowner property damage claims from 2010 through 2014. Storms...
North Carolina Government Building Damaged by Flood
Apr 9 2015 // Workers at the North Carolina Department of Insurance and other state agencies are cleaning up after water flooded a state building in downtown Raleigh damaging offices and state records. Officials said Tuesday it’s...
Floodplain Managers Group: Oklahoma Bill Threatens Flood Insurance
Apr 7 2015 // A group responsible for managing Oklahoma’s floodplains says bills moving through the Legislature that prohibit cities from regulating oil and natural gas drilling operations could prevent the state from...
Hub International Acquires The Flood Group in New York
Apr 7 2015 // Hub International Limited announced that its subsidiary Hub International Northeast Limited has acquired the assets of The Flood Group LLC and its affiliate, The Flood Group of Long Island Inc., a Floral Park, New...
Federal Appeals Court Denies Kmart Trial Over Flooding of Mississippi Store
Apr 6 2015 // A federal appeals court has upheld the dismissal of Kmart Corp.’s lawsuit against a shopping center owner for flood damage to one of its stores in Corinth, Miss. Kmart contended it had evidence to support its...
FEMA Makes Waves with Guidelines on Climate Change
Apr 6 2015 // The Federal Emergency Management Agency is making some waves with a new requirement that forces states to take into account the possible impact of climate change in their risk assessments before they can receive certain...
FEMA Vows ‘Sweeping’ Flood Insurance Reforms
Apr 6 2015 // The Federal Emergency Management Agency said it is working to give every Hurricane Sandy survivor who thinks they may have been defrauded or received less than they were entitled to under their National Flood Insurance...
NOAA: Western N.Y., New England at Elevated Risk of Moderate Flooding
Apr 6 2015 // According to National Oceanic and Atmospheric Administration’s (NOAA) Spring Outlook forecast issued on March 19, rivers in western New York and eastern New England have the greatest risk of moderate spring flooding...
Extra-Tropical Cyclones Niklas and Mike Strike No. Europe: AIR Worldwide
Apr 1 2015 // AIR Worldwide reports that extra-tropical cyclone Niklas, currently battering northern Europe with gale-force winds, “is reportedly one of the worst storms to affect Germany in recent years. High winds and heavy...
What Agents Should Know About Flood Insurance Changes in Effect April 1
Apr 1 2015 // Starting today, when flood insurance policyholders go to renew their policies, they could be quoted premium increases ranging from 15 to 18 percent on average if their home is their primary residence and up to 25 percent...
Reports Advise How to Make Flood Insurance Affordable
Mar 31 2015 // A new report suggests the federal flood insurance program may want to target mitigation grants to households with high premiums, urge homeowners to select higher deductibles, expand the educational role of insurance...
Boston Area Expects a Flood of Claims After Record Winter
Mar 29 2015 // After the Big Dig-out, it’s time for the Big Payout. Or will it be the Big Denial? New England’s epic winter is on pace to produce a corresponding number of claims as thousands of homeowners seek to repair...
Heavy Rains Cause Flooding in Usually Bone-Dry Chile Desert
Mar 27 2015 // Flooding caused by abnormally heavy rains cut roads, knocked out electricity and threatened several communities in the usually bone-dry Atacama Desert region early Thursday. Local media quoted police as saying two people...
New FEMA Guidelines Force the Climate Change Issue
Mar 26 2015 // The Federal Emergency Management Agency is making some waves with a new requirement that forces states to take into account the possible impact of climate change in their risk assessments before they can receive certain...
