Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
Ten Things to Know about High Risk Property
Mar 24 2014 // Winter storms caused $2 billion in insured losses in 2013, up dramatically from $38 million in 2012, according to reports from Munich Re. From 1993 to 2012, winter storms resulted in about $28 billion in insured...
Red Cross App Helps Colorado, Wyoming Citizens Affected By Floods
Mar 20 2014 // Red Cross officials have announced the release of a smartphone application they hope will save lives if Colorado and Wyoming experience floods from runoff this spring. Gino Greco, CEO of the Red Cross Colorado &...
Grant to Help Raise Houses in Louisiana; Flood Insurance a Requirement
Mar 18 2014 // The Federal Emergency Management Agency is providing a grant to help pay for the elevation of 16 houses Jefferson Parish. The grant covers about $2.1 million of the estimated $2.7 million total cost of the project. FEMA...
Nearly $200M More For Colorado Flood Recovery
Mar 17 2014 // Colorado is getting an additional $199 million from the federal government to help communities devastated by September’s historic floods, U.S. Housing and Urban Development Secretary Shaun Donovan announced...
President Obama Will Sign Flood Insurance Relief Bill
Mar 16 2014 // President Barack Obama is set to sign into law a bipartisan bill relieving homeowners living in flood-prone neighborhoods from big increases in their insurance bills. The legislation, which cleared Congress on Thursday,...
Jersey Shore Residents Hail Passage of Flood Insurance Relief Bill
Mar 15 2014 // Sue Suebelka, who had little fish swimming among the shelves of her new refrigerator, won’t have to pay quite as much for flood insurance. Kim Ely, who still washes dishes in a bucket and eats dinner from a microwave...
Mass. House OKs Bill to Soften Impact of Flood Insurance Rules
Mar 13 2014 // The Massachusetts House on Wednesday unanimously approved a bill designed to soften the impact of new federal flood insurance rules on many of the state’s coastal homeowners. The measure, sponsored by Democratic...
Senate Approves Bill to Curb Flood Insurance Hikes
Mar 13 2014 // The Senate today went along with the House of Representatives by passing a bill to reverse flood insurance reforms and curb flood insurance premium increases. The Senate approved H.R. 3370, the “Homeowner Flood...
Sioux Falls, South Dakota Flood-Control Project Nearly Complete
Mar 13 2014 // Sioux Falls, S.D., officials can almost see the finish line in a flood-control upgrade project that has lasted nearly 15 years. But the work construction crews are completing in the city’s west side was not part of...
$11+ Million a Day in UK Flood Insurance Claims Says ABI; Total $1.8+ Billion
Mar 13 2014 // The Association of British Insurers (ABI) has calculated that insurance claims from the recent spate of floods in the UK are averaging £6.7 million a day [$11.176 million]. The ABI said the “wettest winter on record...
FM Global Research Chief Shares Flood Preparedness Tips for Biz Owners
Mar 11 2014 // The hazard posed by potential flooding is increasingly on the minds of many business owners, said Lou Gritzo, vice president and manager of research at Johnston, R.I.-based business property insurer FM Global. Gritzo...
South Dakota Flood-Control Project Nearly Complete
Mar 10 2014 // Sioux Falls, S.D. officials can almost see the finish line in a flood-control upgrade project that has lasted nearly 15 years. But the work construction crews are completing in the city’s west side was not part of...
West Virginia Private Flood Insurance Bill Awaits Governor’s OK
Mar 10 2014 // The West Virginia House last Friday in a 86-8 vote passed a bill authorizing private insurers to sell flood insurance and setting out guidelines for regulation of the policies. The bill, SB 621, had previously passed the...
FEMA to Delay Some Flood Insurance Premium Increases
Mar 10 2014 // Some flood insurance premiums required under a 2012 law now won’t be raised until the fall of 2015 at the earliest. The Federal Emergency Management Agency says delays passed by Congress will put off higher premiums...
Report Projects L.A.’s Vulnerability to Future Sea Level Rise
Mar 10 2014 // Los Angelenos may expect to experience sea level rise of as much as two feet by 2050 due to climate change, according to current projections. A team from USC partnered with Los Angeles to gauge the impact of the rising...
N.J. Court Seeking Ways to Expedite Sandy Flood Litigation
Mar 10 2014 // A New Jersey federal court is seeking ways to expedite the litigation process for hundreds of flood insurance coverage-related cases that have been filed in wake of Superstorm Sandy. The court said it has received more...
February Stoms Caused $1 Billion Insured Losses: Aon Benfield’s Cat Report
Mar 6 2014 // Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, has released its latest edition of its monthly Global Catastrophe Recap report, which reviews the natural disaster perils that...
Private Market Could Grow As Government Flood Insurance Prices Rise: Fitch
Mar 6 2014 // As federal subsidies for flood insurance are reduced and the cost of government provided insurance goes up, the demand for private flood coverage could also rise, according to Fitch Ratings. However, it remains to be seen...
Vertafore, StoneRiver Partnership Aims to Make Selling Flood Insurance Easier
Mar 5 2014 // Insurance software firm Vertafore has formed a partnership with flood insurance policy processing firm StoneRiver National Flood Services (NFS) to provide independent agents a new way to quote and cross-sell flood...
N.J. Gov. Discusses Sandy Recovery, Obamacare at Town Hall Meeting
Mar 5 2014 // At the latest in a series of town halls, New Jersey Gov. Chris Christie heard Tuesday from people who are still kept from their homes 16 months after being driven out by Superstorm Sandy and others frustrated with the pace...
