Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
Florida Keys’ Citizens Look to Lower Islands’ Risk Profile, Rates
Aug 23 2012 // Frustrated by rising premiums, reduced coverage and a single market, citizens and officials in the Florida Keys are hoping to convince catastrophe modelers, insurers and reinsurers that their islands are not as big a risk...
Fitch Notes Reinsurers More Risk-Focused For More Asian Catastrophes
Aug 23 2012 // Fitch Ratings has issued a statement which points out that the “spate of Asia-Pacific catastrophes in the past two years have prompted reinsurers to take stock of their existing portfolio and re-evaluate their...
More Fargo, North Dakota Properties Might Need Flood Insurance
Aug 22 2012 // Several thousand property owners in North Dakota’s largest city could fall under federal flood insurance requirements based on a preliminary new flood plain map for Fargo. About 500 structures are affected by the...
FEMA Considers Sales of Minot ‘Flood Housing’
Aug 21 2012 // Some of Minot, N.D.’s temporary flood housing units could end up being donated or sold. North Dakota U.S. Sen. John Hoeven says the Federal Emergency Management Agency is drafting a policy to allow the trailers to be...
Storms Flood Streets, Collapse Buildings in Dallas
Aug 20 2012 // Strong thunderstorms dumping as much as 4 inches of rain flooded streets, trapped drivers and collapsed buildings in Dallas on Aug. 18. Authorities have not confirmed any deaths related to the storms, but people told...
Ambiental Flood Experts in Partnership with Aon Benfield Research
Aug 20 2012 // Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc, announced that it has expanded its Aon Benfield Research academic and industry research collaboration through a partnership with Ambiental,...
Congress OKs Disaster Plan for Flood Insurance Program
Aug 20 2012 // Editor’s Note: This article originally appeared in Insurance Journal’s Satire Issue, August 20, 2012. The content in this issue is not real and is not to be taken seriously. It’s supposed to be humorous....
FEMA Denies Minn. Appeal For Individual Flood Aid
Aug 16 2012 // The Federal Emergency Management Agency is standing by its denial of flood aid for individuals and businesses in northeastern Minnesota. Gov. Mark Dayton’s office says Dayton received word last week from FEMA that...
New Storm Hits North Philippines; at Least 2 Dead
Aug 16 2012 // A second tropical storm in as many weeks battered the northern Philippines on Wednesday, killing at least two people, as forecasters warned that the still-reeling capital could see more flooding. Meanwhile, President...
New Storm Dumps More Rain on Flood-battered Philippines
Aug 14 2012 // A new storm is dumping more rain in the flood-battered northern Philippines a week after nearly 100 people died in a monsoon deluge that submerged half of the sprawling capital city. Rescuers evacuated flood-prone areas in...
AIR Update on Typhoon Haikui, as Storm Hits China
Aug 9 2012 // According to catastrophe modeling firm AIR Worldwide Typhoon Haikui, the 11th typhoon of 2012 Pacific season, made landfall in Hepu Township in Xiangshan County of China’s Zhejiang Province at 3:20 am local time...
Vt. Town Offices Reopen a Year After Irene, With Help From Flood Insurance
Aug 8 2012 // The town offices and police department in a small southern Vermont town have reopened this week in their original home nearly a year after flooding from Tropical Storm Irene forced them to move. The Wilmington town offices...
China Braces for Another Typhoon; Japan on Alert: AIR Analysis
Aug 8 2012 // According to catastrophe modeling firm AIR Worldwide, residents along coastal cities in eastern China are preparing for their third typhoon in less than a week. Just last weekend, two powerful typhoons—Damrey and...
Philippines Rushes Aid to 850,000 People Affected by Floods
Aug 8 2012 // Emergency workers and troops rushed food, water and clothes to nearly 850,000 people displaced and marooned from deadly floods spawned by 11 straight days of southwest monsoon rains that soaked the Philippine capital and...
Aon Benfield Monthly Cat Report Highlights China Floods; Agriculture Losses
Aug 8 2012 // The latest report on the world’s catastrophes from Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc, highlights flooding in China that generated more than $8.3 billion in economic...
FEMA Declares Disaster In NW Wis. Due To Flooding
Aug 6 2012 // The Federal Emergency Management Agency has declared a major disaster for three northwestern Wisconsin counties due to flood damage in June. Gov. Scott Walker said Thursday that FEMA granted the disaster declaration he...
USDA Awards $2.8M for Fayette County, W.Va., Flood Project
Aug 3 2012 // A flood mitigation project in Fayette County, West Virginia, is getting $2.8 million in federal funding. The funding from the U.S. Department of Agriculture will be used to buy flood-prone properties in Dunloup...
Minn. Gov. Dayton Appeals FEMA Flood Aid Denial
Aug 3 2012 // Gov. Mark Dayton is raising concerns about the safety and sanitation of northeastern Minnesota homes that were badly damaged by summer flooding and that won’t be covered by federal assistance. Dayton on Wednesday...
What to Know About the New Flood Insurance Program
Jul 31 2012 // If it were a dam or a levee, it would have been replaced ages ago. Yet the National Flood Insurance Program (NFIP) has stayed afloat despite a regular leaking of funds since its inception in 1968. The much-needed,...
New Mexico Pueblo Receives $11 Million in Flood Relief
Jul 31 2012 // A New Mexico pueblo hit by flooding after a wildfire scorched the area is receiving $11 million in federal assistance. The grant from the Federal Emergency Management Agency goes to Santa Clara Pueblo for mitigation and...
