Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
Louisianans Again Given More Time to Submit Flood Insurance Form
Sep 11 2017 // Louisiana residents who had damage from last summer’s widespread flooding have more time to submit the proof of loss form required for a flood insurance claim. The deadline’s been extended until the end of the...
Countless Flooded Autos Leave Car-Dependent Houston Struggling
Sep 11 2017 // Bryan Harvey is frequently reminded that he shares a name with the storm that dumped 50 inches of rain on metropolitan Houston and unleashed the floods that have him working 14-hour days towing water-logged cars. Even in...
Hurricane Harvey: Identifying the Insurance Gap
Sep 11 2017 // This post is part of a series sponsored by CoreLogic. As hurricane Harvey made landfall north of Corpus Christi last week, this Category 4 hurricane left devastation in its wake. CoreLogic® estimates that the total...
Insurers Gain as Shifty, Weakened Irma May Not Be as Damaging as Feared
Sep 11 2017 // Insurers jumped in markets from Europe to Florida amid signs that predictions about Hurricane Irma’s damage were excessively dire. Giant reinsurers like Swiss Re and Munich Re, which shoulder risks for local insurers...
Is Maryland Ready for the Next Big Storm?
Sep 11 2017 // In Maryland, which historically has ducked many of the worst storms of the last 50 years, the question is increasingly not if, but when the next big one will strike. And while some believe the state has often been spared...
Insurers Rush to Find, Deploy Adjusters for Harvey, Irma Claims
Sep 11 2017 // Insurers are scrambling to find inspectors in Texas and Florida after fierce hurricanes battered the states one after the other, causing tens of billions of dollars’ worth of property damage in less than two...
National Flood Insurance Program Extended Until Dec. 8
Sep 11 2017 // President Donald Trump last Friday signed legislation reauthorizing the National Flood Insurance Program until Dec. 8, 2017, which buys more time for Congress to consider reforms of the program. The NFIP was set to expire...
Prospect General Expands Admitted Residential Flood Program into Utah
Sep 11 2017 // Prospect General Insurance Agency has expanded Flood Guard, an admitted residential flood insurance product, into Utah. Flood Guard is an alternative to the National Flood Insurance Program (NFIP). Through its rating...
Irma Update: Tropical Storm Exits Florida for Georgia After Flooding Cities, Cutting Utilities
Sep 10 2017 // Downgraded from a hurricane to a tropical storm, Irma flooded several northern Florida cities with heavy rain and a high storm surge on Monday as it headed out of the state after cutting power to millions and ripping roofs...
Rethinking Freight Flood Risk Management After Hurricane Harvey
Sep 8 2017 // A week before Hurricane Harvey walloped Houston, workers for Union Pacific Corp. began moving rail cars out of the railroad’s Englewood switching yard near downtown and brought in enough generators to fill 70 tractor...
Tackling Houston’s Flood-Damaged Cars Takes an Army of Tow Trucks
Sep 8 2017 // How do you remove hundreds of thousands of damaged cars from a massive city still mired in water and muck? Tow-truck driver Alex Toll will tell you: one vehicle at a time. Toll is part of an army of more than 1,000 tow...
New Texas Task Force Formed to Investigate Hurricane-Related Fraud
Sep 8 2017 // Federal prosecutors will lead a new Houston-based group created to help law enforcement agencies respond to an inevitable wave of fraud and other criminal activity set off by Harvey’s punishing rains. Authorities are...
Now May Be the Time for Homeowners to Buy a Dam
Sep 8 2017 // Traveling from Louisiana, four 18-wheelers and more than a dozen workers rolled into the heart of Houston last Tuesday morning. The Cajun crew was there to unfurl and install a unique form of flood protection: three-foot...
Congress Eyes More FEMA Disaster Aid, Short-Term Flood Insurance Renewal
Sep 7 2017 // The U.S. Federal Emergency Management Agency will run out of disaster assistance funding on Friday unless Congress approves more money, two Florida senators warned on Thursday. As Hurricane Irma barrels through the...
New York City Reviews Plans on Flooding After Houston Disaster
Sep 7 2017 // New York is reviewing its plans for a massive rainstorm after the flooding that has left parts of Houston underwater for days. “We’re looking at what a Harvey-type event would mean in New York City,” said...
AIR Worldwide Estimates $65B – $75B in Texas Property Damage from Harvey Flooding
Sep 7 2017 // Boston-based catastrophe modeling firm AIR Worldwide has estimated property losses from the flooding in Texas caused by Hurricane Harvey’s record-breaking rainfall will be between $65 billion and $75 billion. These...
Why the Number of Coastal Homeowners with Flood Insurance Has Been Shrinking
Sep 7 2017 // Amanda Spartz nearly did not renew her home’s flood insurance policy after her first year in Florida. Two hurricanes came close to the Fort Lauderdale suburbs last year, but they didn’t hit and her home...
Florida’s Private Flood Insurers Could Face Big Test from Hurricane Irma
Sep 6 2017 // Hurricane Irma could test a nascent private flood insurance market in Florida that some advocates say is a model for making U.S. flood coverage more affordable and commonplace in high-risk areas. Florida’s private...
Hurricane Harvey Puts Pressure on Regional Insurers in Texas, Says A.M. Best
Sep 5 2017 // Losses anticipated from Hurricane Harvey are unlikely to exceed the top reinsurance limits of insurers writing business in Texas, according to new Best’s Special Report, titled, “Texas Insurers Expected to...
Why Federal Flood Program Is Sinking Deeper Into Debt: CBO Report
Sep 5 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...
