Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
U.S. Government Adds Climate Change, Weather Data Gaps to ‘High Risk’ List
Feb 14 2013 // Climate change and gaps in weather satellite data have been officially added to the list of high risks facing the federal government, a list that already includes the federal flood insurance program, Medicare and the Post...
Marsh Enhances Access to National Flood Insurance Program
Feb 11 2013 // Marsh has enhanced its Flood Service Center (FSC) facility, which is dedicated to providing clients flood coverage and includes options through the National Flood Insurance Program (NFIP). In collaboration with Homesite...
IAG Updates Loss Estimates from Australia’s Floods and Fires
Feb 11 2013 // Insurance Australia Group’s Australia Direct and CGU businesses announced that they have “so far received over 13,700 claims arising from ex-Tropical Cyclone Oswald, with the cost to the Group expected to be in...
Australia, Indonesia Floods Highlight Aon Benfield’s January Cat Report
Feb 8 2013 // In its latest monthly Global Catastrophe Recap report Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, focuses on the torrential monsoonal rains, which caused severe flooding...
First Fidelity Brokerage Launches Flood Insurance Website
Feb 7 2013 // First Fidelity Brokerage of New York has launched www.insureflood.com for homeowners and businesses to obtain flood insurance, as well as information about flood insurance. The site also has a link to estimate flood damage...
FEMA Defends Handling of Sandy Flood Claims
Feb 7 2013 // The Federal Emergency Management Agency is defending its handling of Superstorm Sandy-related flood insurance claims following sharp criticism by New Jersey’s governor. FEMA says more than half of the more than...
N.J. Gov. Christie Says Fed Flood Insurance Program Is a ‘Disgrace’
Feb 6 2013 // New Jersey Gov. Chris Christie said Tuesday the National Flood Insurance Program’s handling of claims in New Jersey has been “a disgrace,” complaining that the program has been far too slow to resolve...
Chubb to Adjust Underwriting in Northeast Post-Sandy
Feb 4 2013 // The Chubb Corp., which posted Superstorm Sandy-related pre-tax costs of $882 million in its latest earnings report, said there would be some adjustments to underwriting and pricing in the Northeast region going...
After Disasters, Oklahoma County Struggles Against Drought
Jan 30 2013 // In the gently rolling hills of Oklahoma ranch country is a place that has seen more than its share of destructive weather – tornadoes, ice storms and floods, year after year, for half of the last decade. In fact,...
New Maps Show 35,000 More NYC-Area Buildings in Flood Zones
Jan 30 2013 // Twice as many homes and businesses in and near New York City would be in flood zones under new maps that may force more property-owners to buy flood insurance, complicate post-Superstorm Sandy rebuilding for some and...
AIR Analyzes Australian Floods
Jan 30 2013 // According to catastrophe modeling firm AIR Worldwide, the flooding that has hit parts of eastern Australia has forced the evacuation of thousands of residents. AIR explained that the “heavy precipitation over the...
Massive Floods Hit Queensland, New So. Wales; 4 Dead, Thousands Evacuated
Jan 29 2013 // Massive summer floods killed four people and forced thousands of people to evacuate their homes across two Australian states on Tuesday, disrupting air and rail travel and coal production. A deluge fed by ex-tropical...
Senate Passes $50 Billion Sandy Aid Package; Bill Goes to Obama
Jan 28 2013 // A long-delayed $50.5 billion aid package for victims of Superstorm Sandy cleared the Senate on Monday, three months after the storm destroyed or damaged hundreds of thousands of homes and businesses in coastal New York,...
New Anti-Flooding Ideas Urged for South Louisiana
Jan 28 2013 // It’s not possible for every south Louisiana community to be surrounded by a levee, but one state group says there are options available to reduce the risk of flooding. The Advocate reports a new subcommittee of the...
After the Storm: Agents’ E&O Lessons Learned
Jan 28 2013 // More often than not, a second wave of claims against insurance agents by their clients follows a natural disaster. For the most part, the types of allegations and claims that surface after a catastrophe are the same as...
A Plan for New York to Prepare for Catastrophes
Jan 28 2013 // New York State’s NYS 2100 Commission, created in the wake of Sandy to offer recommendations on ways to better prepare for natural disasters, is out with its initial report, including a section on potential changes to...
Sandy Blow to N.J.: Costly Work or Costlier Flood Insurance Premiums
Jan 25 2013 // Superstorm Sandy landed one final stunning blow to New Jersey on Thursday, Jan. 24, as the state adopted rebuilding guidelines that come with sticker shock. They will force homeowners in flood zones to spend tens of...
Deadline Extended for Isaac Flood Insurance Claims
Jan 25 2013 // Louisiana property owners with flood insurance policies whose homes or other structures were damaged during Hurricane Isaac have another 30 days to file claims for their flood losses. Policy owners now have until Feb. 21...
Should Worst-Flooded Areas Be Left After Superstorm Sandy?
Jan 23 2013 // Superstorm Sandy, one of the nation’s costliest natural disasters, is giving new urgency to an age-old debate about whether areas repeatedly damaged by storms should be rebuilt, or whether it might be cheaper in the...
Superstorm Sandy Challenges Definition of Basement in New Jersey
Jan 21 2013 // Irene Sobolov believes the first floor of her house in Hoboken, N.J., is just that. The federal government and her insurance company say it’s a basement. The semantics, Sobolov has learned, are very...
