Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
News Briefs
Dec 4 2005 // Greenberg Will Not Face Criminal Charges: Additional civil charges against former American International Group Inc. Chairman and CEO Maurice “Hank” Greenberg are possible, but no state criminal charges are...
Mississippi Insurance Commissioner George Dale Serving Eighth Term; Hurricane Katrina Wasn’t Much, Compared to the After
Dec 4 2005 // In public and in an interview with Insurance Journal, Misissippi Insurance Commis-sioner George Dale comes across as a laid-back Mississippi farm-boy, but the commissioner, who has been reelected for eight terms, has...
Editor’s Note: Court Watch
Dec 4 2005 // For all you lawsuit junkies out there (does it take one to know one?), a Gulf Coast-based law firm has set up a Web log, or blog, that monitors lawsuits filed in relation to the hurricanes that hit Alabama, Louisiana,...
News Briefs
Dec 4 2005 // New Online License Service Available for Wash. Agents and Brokers Insurance agents, brokers and other insurance professionals licensed to transact business in Washington can now print copies of their licenses from their...
PCI Urging Gov. Blanco to Veto La. Flooded Vehicles Bill
Dec 1 2005 // The Property Casualty Insurers Association of America (PCI) has urged Louisiana Gov. Kathleen Blanco to veto a bill that would require all vehicles determined to be “total” losses as a result of recent flooding...
Big ‘I’ Leader Says Hurricane Response ‘Too Slow;’ Hails Flood Reform, TRIA Progress
Nov 22 2005 // The insurance industry’s response to Hurricanes Katrina and Rita has been “too slow” and the job of adjusting claims is a long way from being completed in the view of the leader of the nation’s...
PCI: Senate Passage of La. Flooded Vehicles Bill Hurts Consumers
Nov 22 2005 // In a move that could prove detrimental to Louisiana consumers and insurers, the Louisiana Legislature narrowly passed a bill last night that would require all vehicles determined to be “total” losses as a...
Hurricanes Katrina and Rita: Exposing Settled (?) Insurance Coverage Issues
Nov 21 2005 // After any natural disaster, people who suffered property damage eventually look for sources of money to repair their damage and/or replace their loss with insurance being the first source for those with policies. In this...
UA RESEARCH: RISK OF FLOODING IN ARIZONA NOT AS SEVERE AS ESTIMATED
Nov 21 2005 // Up to 29,000 Arizonans paid for insurance under the National Flood Insurance Program in fiscal year 2004, but new research shows that many may not need the costly coverage. A study headed by a University of Arizona...
Carriers Flooded With Auto Damage Claims
Nov 20 2005 // Plantation, Fla., ‘Insurance Village’ The “Insurance Village” established by Florida’s Depart-ment of Financial Services in Plantation, Fla. west of Fort Lauderdale, had a lot of damaged...
Hurricanes Katrina and Rita: Exposing Settled (?) Insurance Coverage Issues
Nov 20 2005 // After any natural disaster, people who suffered property damage eventually look for sources of money to repair their damage and/or replace their loss with insurance being the first source for those with policies. In this...
News Briefs
Nov 20 2005 // California Governor’s Measures Defeated in Special Election California’s special election battle, the costliest campaign in the state’s history, roared to a close in November, much to the chagrin of Gov....
Suit Filed in New Orleans Over Excess Flood Coverage
Nov 18 2005 // A pair of plastic surgeons in New Orleans, La., who are facing more than $1 million in uninsured home losses from Hurricane Katrina, are suing State Farm Insurance, claiming the company did not tell them they could have...
Allianz Posts $934 Million Q3 Profit Despite Hurricane, Flood Losses
Nov 14 2005 // Germany’s Allianz had a very successful third quarter with net income up 70 percent to €794 million ($934 million) and €1.7 billion (2 billion) operating profit,” despite,” said the company’s...
UA Research: Risk of Flooding in Arizona Not As Severe as Estimated
Nov 14 2005 // Up to 29,000 Arizonans paid for insurance under the National Flood Insurance Program in fiscal year 2004, but new research shows that many of these people may not need the costly coverage. A study headed by a University of...
Agents Group Sets Flood Insurance Reform Agenda
Nov 11 2005 // The Independent Insurance Agents & Brokers of America (the Big “I”) released a set of 22 recommendations for needed improvements to the National Flood Insurance Program (NFIP). The recommendations, if...
Debating the Changing Climate — It’s for the Birds
Nov 7 2005 // “Heaven has no rage like love to hatred turned, Nor hell a fury like a woman scorned.” Powerful, but perhaps prophetic words, following the passage of Katrina and Rita. Have we “scorned,” in William...
Disaster Claims and the Ripple Effect
Nov 7 2005 // Hurricane Katrina has long gone, but the aftereffects of the mighty storm are likely to linger for a very long time. Rita and Wilma have compounded the mess. The direct losses are staggering. The latest preliminary figures...
IIAG OFFERS FLOOD INSURANCE EDUCATION
Nov 7 2005 // Flood insurance education to meet National Flood Insurance Program requirements is being offered by the Independent Insurance Agents of Georgia as part of its ongoing continuing education offerings. An IIAG spokesperson...
The Need for Uniform Building Codes in Louisiana
Nov 7 2005 // In the wake of Hurricanes Katrina and Rita, we have an historic opportunity to make crucial changes to Louisiana’s building codes and construction practices. Doing so will help create more resilient homes, businesses...
