$1.5B Dike Repair Finally Done at Florida’s Okeechobee, Protecting Thousands of Home January 27, 2023 After 18 years, a $1.5 billion project was officially completed to repair the sprawling dike around Florida’s Lake Okeechobee that...
Climate Tech Startup Aims to Narrow Insurance Protection Gap for Flood Risks January 26, 2023 By Eric Roston Flooding is the most common weather hazard globally and 83% of the damage it causes isn’t covered by insurance. A...
Davenport, Iowa Flood Mitigation Projects Set to Start This Year January 24, 2023 By Sarah Watson DAVENPORT, Iowa (AP) – In late 2023, residents and business owners will see some of the first projects of Davenport’s...
Few Homeowners Have Flood Insurance in Soaked California January 23, 2023 By Michael Phillis and Adam Beam On Sunday morning, Kyle Starks woke up to floodwaters that reached the door of his Jeep after yet another heavy...
Federal Aid for Flood Damage going to Northern Arizona Tribe January 3, 2023 President Joe Biden has approved a disaster declaration made by the Havasupai Tribe in northern Arizona, freeing up funds for...
FloodFlash Eyes Parametric Splash in U.S. December 6, 2022 By Allen Laman Parametric flood insurance is still in its infancy in the United States, but one index-based insurer is preparing to make...
Private Flood Insurance Market Growing; NFIP ‘Adrift’: AM Best November 28, 2022 By Chad Hemenway Hurricane Ian may result in one of the largest losses in the history of the National Flood Insurance Program and...
FHA Opens Special Flood Areas to Private Insurers November 22, 2022 By Allen Laman The Federal Housing Administration (FHA) has announced regulations to allow mortgagors the option to purchase private flood insurance on FHA-insured...
Update: FEMA Flood Maps are Misleading, Blocking Insurance Uptake, Report Shows November 3, 2022 By William Rabb This article was updated Nov. 6, 2022 to include more information from FEMA and Neptune Flood Insurance. Researchers at North...
Marsh Acquires Bradley Agency in Tennessee; Wright Flood Adds IAT Book of Business November 2, 2022 Marsh McLennan Agency, a subsidiary of the global insurance broker Marsh, has acquired Bradley Insurance Agency, a commercial brokerage in...