Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
Allison to Cost Insurers $ 1.2 Billion
Jul 9 2001 // U.S. P/C insurers will pay homeowners and businesses $1.2 billion for insured property damage wreaked by Tropical Storm Allison during the first two weeks in June, according to preliminary estimates by Insurance Services...
ILF to Hold Hearing On National Flood Insurance
Jul 6 2001 // The Board of Directors of the Insurance Legislators Foundation (ILF), a research and educational arm of the National Conference of Insurance Legislators (NCOIL), will hold a hearing to address flood-related insurance...
What is the National Flood Insurance Program’
Jun 25 2001 //
Flood Insurance Claims-Be the Calm After the Storm: Facts Every Agent and Consumer Needs to Know
Jun 25 2001 // After a community has experienced a flood, restoring homes and businesses can be a long and difficult process. While the cleanup process can seem overwhelming at best, a careful, orderly approach will help your insured...
PA Questions Development in Wake of Allison Floods
Jun 20 2001 // Pennsylvania officials, sodden homeowners and insurers were questioning the apparent lack of coordinated development regulations in the wake of the floods caused by 10 inches of rain from Tropical Storm Allison. Stricter...
As Texas and Louisiana Mop Up, Assessment Begins in Flood-Swept Areas
Jun 18 2001 // Preliminary cost estimates of damages wreaked by Tropical Storm Allison as it floated around Southeast Texas for several days earlier this month have topped $1 billion. But no one knows what the actual figure will be nor...
New ‘Flood Facts’ Website Wins National Honors for Bankers Insurance Group
Jun 6 2001 // Bankers Insurance Group’s consumer information website, www.floodfacts.com, took the top award for websites in the Public Awareness Materials Contest at the recent National Flood Conference in Minneapolis. The annual...
Iowa Suffers More Flooding
Apr 25 2001 // Flood waters were expected to roll down the Mississippi River and reach Davenport, Iowa, late Tuesday. The peak crest may be between 22 and 22.5 feet, which will be just short of the 1993 record of 22.6 feet. Davenport is...
Iowa Residents Lack Flood Insurance
Apr 21 2001 // {According to insurance agents in Iowa, residents of the state buy less insurance against water damage than people living in surrounding states. The Des Moines Register reports that Iowans may be under the mistaken...
France Begins to Count the Cost As Floods Ease
Mar 27 2001 // As the latest in a series of floods, which have ravaged France this winter, showed some signs of receding, insurers began counting the potential losses. Last October’s floods in Europe cost insurers an estimated $1.2...
Swiss Re Study Finds Lower Cat Losses, Rising Rates
Mar 16 2001 // A recent study released by Swiss Re, confirms that insured catastrophe losses for 2000 totaled $10.6 billion, falling significantly below those in 1999, which reached $32.9 billion.The survey also concluded that p/c...
CUT IN FLOOD PROGRAM WEIGHED
Mar 12 2001 // While the merits of President George Bush’s proposed budget are still being weighed, one of the items getting attention in the proposal is a cut in the National Flood Insurance Program. The new budget would end...
President’s Budget Plan to Include Cuts to Flood Insurance Program
Mar 2 2001 // While the merits of President George Bush’s proposed budget are still being weighed, one of the items getting attention in the proposal is a cut in the National Flood Insurance Program. The new budget would end...
RSA Profits Down on Flood Losses
Mar 1 2001 // The U.K.’s Royal & Sun Alliance confirmed previous estimates that claims from the floods which struck Britain in October and November would cost it around £200 million ($290 million), and reduced operating...
The Global Picture: Debate Over Climate Change Continues to Storm
Feb 12 2001 // Experts agree that the world’s climate is changing, but the debate continues about the causes and consequences. Multiple interactive factors are involved. The oceans warm and cool, the sun goes through an 11-year...
Managing The Risk From Climate Change
Jan 22 2001 // Whether it is the dry desert heat of El Paso or the humid sauna of Houston, people who grew up in Texas know that its summers are naturally hot. For people in Dallas, last summer was no exception. After 44 days in the...
WSS Extends its Calif. Residential Flood & Landslide Program
Dec 18 2000 // Western Security Surplus Insurance Brokers Inc. announced that its California Residential Flood & Landslide Program, operating since December 1998, will be replaced with the extension of the Natural Catastrophe...
More Floods Hit U.K., as Insurers Assess October Losses
Dec 15 2000 // Even as battered Britain was cleaning up the damages caused by severe floods in October, a new combination of heavy rain and high tides threatened Wales and the Southwest; the Severn river crested at over 14 1/2 feet,...
Floods Hit Eastern Australia
Nov 23 2000 // Following almost a week of uninterrupted rain, roughly one third of the Eastern Australian State of New South Wales is under water. The worst floods in over 20 years have caused widespread damage, and forced the evacuation...
RMS Estimates U.K. Flood Losses at £500 Million
Nov 10 2000 // Insurance companies and risk experts may not agree on the exact amount of the insured losses caused by the recent and ongoing floods and storms in Britain, but they all agree that the damages will be substantial. (See...
