Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
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...
U.S. Congresswoman: Flood Insurance Bill Bad for Michigan
Mar 5 2014 // A U.S. Congresswoman from Michigan wants her state to opt out of the National Flood Insurance Program, saying it’s not good for Michigan homeowners. U.S. Representative Candice Miller (MI-10) voted against H.R. 3370,...
House Passes Flood Insurance Bill; Key Senators Sign On
Mar 4 2014 // The U.S. House of Representatives Tuesday evening passed legislation to curb some of the premium increases in the nation’s flood insurance program that have been causing “sticker shock” for property...
House Could Vote on Flood Insurance This Week
Mar 4 2014 // The House of Representatives could vote on a bipartisan measure to curtail some flood insurance premium hikes by the end of this week. House Majority Leader Eric Cantor (R- Va.) has included the latest version of the...
AG Coakley Testifies in Support of Flood Insurance Bill in Massachusetts
Feb 28 2014 // Concerned that increased insurance rates caused by new flood zone maps will “tip the balance” for homeowners who weathered the economic downturn but are still feeling its effects, Massachusetts Attorney General...
