Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
Texans Helping Texans: Independent MGAs Join Forces for Targeted Harvey Relief
Sep 21 2017 // A group of independently owned Texas managing general agents (MGAs) have come together to provide targeted, direct, local relief to communities affected by Hurricane Harvey. Texas MGAs for Disaster Relief is working with...
Allstate Would Consider Selling Private Flood Insurance If Federal Program Is Revamped
Sep 21 2017 // Allstate Corp.’s Chief Executive Officer Tom Wilson on Tuesday called on U.S. lawmakers to overhaul a government subsidized flood insurance program, calling for a more streamlined system that does not overburden...
Hurricane Maria Carves Path of Destruction Through Puerto Rico
Sep 20 2017 // Hurricane Maria, the strongest storm to strike Puerto Rico in nearly 90 years, carved a path of destruction through the U.S. territory on Wednesday, causing widespread flooding and knocking power out across the island...
After the Storm: Insurance Agents E&O Lessons Learned
Sep 20 2017 // Editor’s Note: This is a republication of a January, 2013 article by Sally Coombs, who was then with Fireman’s Fund Insurance Co, which is now integrated into Allianz Global Corporate & Specialty...
FEMA Not Relying on Trailers to House Hurricane Victims
Sep 20 2017 // The hurricanes that battered Texas and Florida have likely spawned the worst disaster-created housing crisis since Hurricane Katrina left hundreds of thousands of Gulf Coast residents without homes more than a decade...
What If an Irma-Like Hurricane Hit the New York City Metro Area?
Sep 19 2017 // It sounds like a Hollywood disaster movie. A Category 5 hurricane churning in the mid-Atlantic suddenly veers northwest – and heads straight for New York City. The good news is that, for now, experts agree a Cat...
‘Future-Proofing’ Texas a Political, Bureaucratic Challenge for Harvey Recovery Czar
Sep 18 2017 // The man tasked with overseeing Texas’ Hurricane Harvey rebuilding efforts sees his job as “future-proofing” before the next disaster, but he isn’t empowered on his own to reshape flood-prone Houston...
Some Insurance Adjusters Camping Out in Texas after Harvey
Sep 18 2017 // To process tens of thousands of auto and property claims with losses already well into the billions of dollars, insurance companies have adjusters camping out across Texas. The Houston Chronicle reports in one case, the...
Hey Congress, Hurricanes and Health Care Have a Lot in Common: Bloomberg View
Sep 18 2017 // As Congress continues to struggle with health insurance reform, members should be ruminating on the scenes of “recovery” beaming in from East Texas and Florida, where the majority of households — many now...
Firms Hit by Harvey, Irma Hope Business Interruption Coverage Pays Off
Sep 18 2017 // Business owners who are trying to get back on track after hurricanes Harvey and Irma now face a different sort of challenge: trying to recoup lost income from their insurers. Exclusions in the fine print of policies, along...
Why the Federal Flood Program Is Sinking Deeper into Debt: CBO Report
Sep 18 2017 // The federal flood insurance program is on a course to continue falling deeper in debt, even when there is no catastrophic storm like Katrina or Harvey. The National Flood Insurance Program (NFIP) is currently on a path...
6 Tips to Consider in a Post-Harvey and Irma Homebuilding Market
Sep 18 2017 // The images of familiar places underwater in South Texas and Floria haunt us. The spirit of volunteers risking their lives to help strangers emboldens us. But those in the home building insurance industry naturally start to...
ICT Pegs Hurricane Harvey Insured Losses at $19B
Sep 15 2017 // The Insurance Council of Texas (ICT) has placed the insured losses from Hurricane Harvey at $19 billion. That number includes an estimated $11 billion in flood losses insured by the National Flood Insurance...
Florida Begins Slow Recovery After Irma’s Hard Hit
Sep 13 2017 // In this Monday, Sept. 11, 2017, photo provided by DroneBase, people trudge through floodwaters in the aftermath of Hurricane Irma in Jacksonville, Fla. In a parting blow to the state, the storm caused record flooding in...
Irma’s Path Through the Southeast Causes Flooding; Kills 2 in Georgia, 2 in South Carolina
Sep 13 2017 // Joey Spalding walks back to his truck down the street where he lives, Monday, Sept. 11, 2017, on Tybee Island, Ga. Spalding just finished repairing his house from nine inches of water after Hurricane Matthew passed the...
U.S. Flood Insurance Program Expects $11B in Texas Flood Payouts
Sep 13 2017 // U.S. officials estimate the FEMA-run National Flood Insurance Program will make $11 billion in payments for flooding in Texas caused by Hurricane Harvey, the program’s administrator Roy Wright said. Additionally, in...
Florida on Alert for AOB Abuse as Irma Recovery Begins
Sep 13 2017 // As Florida residents return home after being evacuated by Hurricane Irma, the pressure is on the insurance industry to keep a bad situation regarding assignment of benefits abuse in the state from getting worse. Florida...
Key Items to Remember After the Storm Passes Over
Sep 13 2017 // I wasn’t planning on writing about hurricane season again, but circumstances made it feel like the right thing to do. This hurricane season is already memorable, and it’s still got over two months to go. The...
Texas GOP Leaders Push for Expensive, Long-Delayed Flood Infrastructure Projects
Sep 12 2017 // In the wake of Hurricane Harvey, Texas Lt. Gov. Dan Patrick is calling for the construction of flood control infrastructure in the Houston area — things he said should have been built “decades and decades...
Florida Residents Return to Irma’s Battered Homes, Flooded Streets, Power Outages
Sep 11 2017 // Storm-shocked Floridians returned to shattered homes on Monday as the remnants of Hurricane Irma pushed inland, leaving more than half of all state residents without power and city streets underwater from Orlando and...
