Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
Flood Program Could Expire Dec. 16
Dec 5 2011 // Congress has approved yet another resolution to fund parts of the federal government including the nation’s flood insurance program on a short-term basis. This time the funding runs until Dec. 16. Had Congress not...
Insurers Bracing for Thai Flood Claims at More Than $10B
Dec 5 2011 // Insurers are bracing themselves for claims in excess of $10 billion after floods in Thailand disabled major foreign-owned manufacturing operations there, adding to an already record-breaking natural catastrophe bill this...
Study Recommends Houston Ship Channel Floodgate
Dec 5 2011 // A study on protecting Southeast Texas from disastrous storms like Hurricane Ike recommends building a floodgate across the Houston Ship Channel. Details were announced by Rice University, which led a team of researchers...
James River Still Above Flood Stage in Parts of South Dakota
Nov 30 2011 // South Dakota officials say some stretches of the James River remain well above flood stage heading into the winter freeze, setting the stage for more flooding next spring. The James, which has been out of its banks for...
Feds Say Farmers in Upstate New York Can Get Flood Loans
Nov 29 2011 // Federal authorities say farmers in eight upstate New York counties are primary natural disaster areas eligible for assistance recovering from tropical storm Lee. The U.S. Department of Agriculture also said 16 counties...
Thai Flood May Hit Asia Harder Than Japan Disaster: Official
Nov 29 2011 // The impact from Thailand floods on Asia’s production networks may last longer and be deeper than that from Japan’s March earthquake, tsunami and nuclear crisis, a senior Asian Development Bank official said on...
Some New Jersey Towns Taking Steps to Reduce Flooding
Nov 28 2011 // Several northern New Jersey towns hit hard by recent flooding are taking steps to make sure it doesn’t happen again. New Jersey’s Department of Environmental Protection has awarded $350,000 to four communities...
Best Briefing Concludes Majority of Thai Flood Losses from BI Claims
Nov 28 2011 // A.M. Best Co. reports that the vast majority of insurance losses stemming from the massive flooding in Thailand will come predominately from the impact to manufacturing and supply chains, as discussed in the recently...
5 Mississippi Home Buyouts Could Happen in New Year
Nov 28 2011 // Five property owners whose homes were inundated by the spring flood could have their homes bought out by the city of Vicksburg next year. The Board of Mayor and Aldermen has authorized Mayor Paul Winfield to apply for a...
Insurers Bracing for Thai Flood Claims over $10 Billion
Nov 21 2011 // Insurers are bracing themselves for claims in excess of $10 billion after floods in Thailand disabled major foreign-owned manufacturing operations there, adding to an already record-breaking natural catastrophe bill this...
New Jersey Had Most Flood Vehicle-Related Claims in Wake of Irene
Nov 21 2011 // New Jersey generated the most flood vehicle-related claims in wake of Hurricane Irene, according to National Insurance Crime Bureau. Claims processed by the group’s member companies show the Garden State had 4,121...
Allianz Asia CEO Says Thai Floods Could be Costliest Disaster in a Decade
Nov 18 2011 // Insured losses from Thai floods could be in the double-digit billions of dollars and the disaster will lead to a re-assessment of weather risks to industries in Asia, a senior official from global insurer Allianz...
Flood Insurance Program Extended Until Dec. 16
Nov 17 2011 // Congress has approved yet another resolution to fund parts of the federal government including the nation’s flood insurance program on a short-term basis. This time the funding runs until Dec. 16. The Senate passed...
Corps: SW Iowa Levee to Remain Vulnerable in 2012
Nov 17 2011 // Officials say the levee near Percival, Iowa, that failed in last summer’s Missouri River flooding will undergo temporary repairs but will remain vulnerable to severe flooding next year. KETV-TV reported damage to the...
Down to the Wire for Federal Flood Insurance… Again
Nov 16 2011 // The nation’s flood insurance program is scheduled to expire again on Friday, Nov. 18, 2011, unless Congress takes action. Last month, the House and Senate passed legislation that kept the federal government – and...
North Dakota Senate Approves $600M Disaster Package
Nov 15 2011 // North Dakota’s Senate unanimously approved a $639 million disaster relief measure that includes money for low-interest home loans, road construction and repairs to public works. The measure’s centerpiece is a...
Italy, Southeast France Hit by Heavy Rains, Floods: AIR Analysis
Nov 15 2011 // Catastrophe modeling firm AIR Worldwide has issued a report on the heavy rains, which caused widespread flooding in France and Italy during the first week of November. The storms were caused by a “low pressure system...
WRM America Completes Acquisition of Fidelity National Indemnity
Nov 14 2011 // WRM America Holding Company, a specialty lines P/C insurance and risk management holding company, completed the acquisition of Fidelity National Indemnity Insurance Company (FNIIC), the flood insurance business of Fidelity...
Bank of North Dakota May Offer Homeowners Low-Interest Disaster Loans
Nov 10 2011 // A key provision in the North Dakota Legislature’s disaster aid bill would provide low-interest, unsecured loans of up to $30,000 for homeowners hit especially hard by this year’s flooding, the Bank of North...
AIR Updates Analysis of Thai ‘Historic’ Flooding; BI Will Impact Insurers
Nov 10 2011 // According to catastrophe modeling firm AIR Worldwide, “historic flooding in Thailand continues to damage residential properties and has interrupted operations for numerous businesses. At the start of this...
