Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
Regulatory SOS: Leveraging Change to Succeed in the Flood Space
Apr 5 2016 // John Dickson, President of NFS Edge Insurance Agency, Inc. April 5, 2016- Change isn’t always easy. If you’re an insurance agent or WYO facing the April 1, 2016, regulatory changes to the National Flood...
UK’s Flood Re Launches to Bring Affordable Flood Cover to Homeowners
Apr 4 2016 // The U.K.’s new joint industry and government sponsored reinsurance scheme for flood risk began operating today (April 4). Designed to help provide access to affordable flood insurance cover for households at the...
Adding Client Value: Rounding Out Your Portfolio with Private Flood Insurance Options
Apr 4 2016 // John Dickson, President of NFS Edge Insurance Agency, Inc. April 4, 2016- As you may know, the world of flood is changing. As of April 1, 2016, the National Flood Insurance Program (NFIP) is implementing new changes...
Mississippi Granted $13.3M for Storm Recovery, 11 More Counties Eligible for Aid
Apr 4 2016 // Gov. Phil Bryant says 11 additional counties have been added to Mississippi’s most recent disaster declaration due to the March flooding and severe storms. In a news release, Bryant said Clarke, Forrest, Greene,...
Riding Out the “Perfect Storm”: Navigating Change in Today’s Volatile Flood Insurance Market
Apr 1 2016 // John Dickson, President of NFS Edge Insurance Agency, Inc. April 1, 2016- If you are an insurance agent trying to survive in today’s competitive marketplace, you may have dipped your toes in the flood insurance...
Road, Bridge Damage from Louisiana Flooding Pegged at $20M
Mar 31 2016 // Louisiana’s transportation secretary says flooding from storms that struck the state in March caused up to $20 million in road and bridge damage. The Advocate reports Shawn Wilson described the damage in a House...
Southeast Texas School District Estimates $12M in Flood Damage
Mar 31 2016 // The head of a Southeast Texas school district where flooding swamped an elementary campus with water 5-foot deep estimates $12 million in losses and little insurance. The superintendent of the Deweyville Independent School...
Minot Acquiring Flood Protection Properties
Mar 30 2016 // Minot, N.D., has acquired more than 60 percent of the properties needed for a flood protection project that will begin construction next year. Finance Director Cindy Hemphill tells the Minot Daily News that the city has...
South Carolina Flood Relief Fund Awarding $760K to 18 Charities
Mar 30 2016 // South Carolina’s One SC relief fund is awarding $760,000 to 18 charities that are helping people recover from last October’s historic flooding. The awards announced Monday represent the second round of grants...
Federal Disaster Declared in 3 Mississippi Counties After Floods
Mar 29 2016 // President Barack Obama has declared a disaster in three Mississippi counties following flooding this month. Residents in the Bolivar, Coahoma and Washington counties can apply for individual assistance, including grants...
FEMA to Louisiana Flood Victims: Don’t Wait to Begin Repairs
Mar 28 2016 // The Federal Emergency Management Agency is urging Louisiana residents whose homes were damaged during recent floods not to wait for a FEMA inspector before beginning to clean up and conduct repairs. FEMA spokeswoman Deanna...
PERILS Raises Insured Property Loss Estimate for UK Storms Eva & Frank to £578M
Mar 24 2016 // Property insurance market losses from flooding brought by UK storms Eva and Frank have risen to £578 million ($818.9 million), compared to an initial loss estimate of £526 million ($745.2 million), according to PERILS,...
Officials: Mississippi Flood Damage Most Widespread Since Hurricane Katrina
Mar 24 2016 // Mississippi officials say the damage from floods this month is the most widespread the state has had since Hurricane Katrina. Mississippi Emergency Management Agency Director Lee Smithson tells The Clarion-Ledger federal...
Florida Insurer Launches Company Offering Admitted, Standalone Flood Coverage
Mar 23 2016 // A Florida-based homeowners insurer has beefed up its flood insurance offering with the launch of a new flood-coverage only company called TypTap. The new company, a wholly owned subsidiary of Homeowners Choice Property...
Southeast Texas Floods Bring Federal Disaster Declaration
Mar 22 2016 // President Barack Obama has declared a major disaster in three Texas counties following severe storms including tornadoes and flooding earlier this month. The declaration covers Jasper, Newton and Orange counties in...
Severe Hail, Wind Storm Mississippi on Heels of Severe Floods
Mar 21 2016 // Hail and damaging thunderstorms raked southern parts of Mississippi on Thursday as people across the state tried to recover from flooding earlier in the week. The National Weather Service counted 44 hail reports in 15...
HOT Markets: Drones, Cyber and More
Mar 21 2016 // Looking for new sales and opportunities in 2016? Here are a few of the top market sectors that just might deliver hot opportunities for agents and brokers in the property/casualty insurance industry this year. Sky’s...
Flooded Interstate 10 in Southeast Texas to Remain Closed for Days
Mar 18 2016 // Highway officials say flooded Interstate 10 in Southeast Texas will stay closed through the weekend. Transportation officials closed the eastbound lanes early on March 15 as rising waters from excessive rains flooded the...
Iowa City $59M Flood Prevention Project in the Works
Mar 18 2016 // Iowa City is preparing to start work on a $59 million flood recovery and mitigation project. The Iowa City Press-Citizen reports that crews began removing trees last week in preparation for the Gateway Project, which was...
Penn. Hails House Committee Passage of Private Flood Insurance Bill
Mar 17 2016 // Pennsylvania Insurance Commissioner Teresa Miller hailed a recent vote by the U.S. House of Representatives Financial Services Committee approving the Flood Insurance Market Parity and Modernization Act (H.R. 2901). Miller...
