Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
Floods Force Mass Evacuations in Paraguay, Argentina, Uruguay, Brazil
Dec 28 2015 // Widespread floods have forced nearly 140,000 people from their homes in Paraguay, Argentina, Uruguay and Brazil following days of torrential rains that drenched a region where the countries border each other. Paraguay is...
South Carolina Lawmaker Plans to Seek Additional Aid for Farmers
Dec 28 2015 // The state House’s budget leader says he wants to reassure South Carolina farmers devastated by October’s flooding disaster that the Legislature will help them out. Lawmakers must help farmers survive direct...
Flood, Fraud & the Florida Market: McCarty Talks Hot Insurance Topics in 2015
Dec 21 2015 // It was another busy year for the Florida Office of Insurance Regulation (OIR). From conducting the annual property/casualty data call and subsequent stress test of Florida property insurers, to working on the depopulation...
New Flood Maps May Aid Big Development in Louisiana Parish
Dec 21 2015 // Revised flood maps could aid a developer’s proposal to build on one of Jefferson Parish’s last large undeveloped tracts. Lafayette-based Southern Lifestyle Development says it’s in talks to buy 2,000...
South Carolina Insurers to Weather at Least $181M in Claims from October Storm
Dec 21 2015 // The mega-storm that devastated South Carolina in early October is estimated to have cost more than $1.4 billion with insurers paying around $181 million of those losses in claims, so far. South Carolina Gov. Nikki Haley...
JBA Releases Comprehensive UK Flood Model before Flood Re Launch
Dec 18 2015 // UK-based JBA Risk Management, a global provider of flood modelling services for insurers, reinsurers, and property or asset managers, announced the release of its “high resolution, multi-peril flood model of the UK...
NFS Edge Launches Flood Coverage Option for Condo Associations
Dec 16 2015 // NFS Edge Insurance Agency, Inc., a unit of Aon National Flood Services, Inc., through its Insurmark division has launched a new private flood insurance alternative to the Residential Condominium Business Association...
Typhoon Melor Hits Philippines with Fierce Winds and Flooding: AIR
Dec 16 2015 // A report from catastrophe modeling firm AIR Worldwide, describes Super Typhoon Melor, known locally as Nona, as having struck the Philippines on Monday, December 14, 2015, at around 3:00 UTC (11:00 a.m. local time) near...
Report: Southeast States Unprepared for Future Risks from Climate Change
Dec 11 2015 // Source: States at Risk Many states across the country, particularly in the Southeast, are unprepared to face the risks posed from extreme heat, drought, wildfires, inland flooding, coastal flooding and other extreme...
Saving Shore Communities a Risky, Expensive Proposition
Dec 9 2015 // The sea is rising. The land is sinking. Entire mid-Atlantic communities are anchored in between, bookended by certain disaster unless a way is found to turn back the tide and save the shore. No one knows how to fix the fix...
South Carolina Governor Denies Farmer Request to Seek Storm Loss Aid
Dec 9 2015 // Farmers packed the South Carolina Statehouse on Monday to beg Gov. Nikki Haley to ask Congress for money to offset their estimated $376 million in losses from last month’s historic flooding. But the Republican...
Some Minot Officials Want Rewrite of Flood Regulations
Dec 8 2015 // Some officials in Minot, N.D., are proposing that the city rewrites its flood-related regulations in an effort to ease any future hikes in flood insurance premiums for residents. The Minot Daily News reports the...
South Carolina Insurers to Weather At Least $181M in Claims from October Storm
Dec 8 2015 // A pickup truck rests against the side of Gills Creek near a bridge in Columbia, S.C., Monday, Oct. 5, 2015. Days of torrential rains kept much of South Carolina and its capital gripped by floodwaters early Monday. (AP...
India Floods Top Aon Benfield/Impact Forecasting’s November Cat Recap
Dec 8 2015 // Impact Forecasting, Aon Benfield’s catastrophe model development team, has issued the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of natural disaster events that occurred...
PwC UK Raises Desmond Insured Loss Estimates: $375 to $487.5 Million
Dec 8 2015 // Commenting on the impact of Storm Desmond, Mohammad Khan, general insurance leader at PwC UK, stated that the accounting firm’s “current estimate of the damage caused by Storm Desmond is £400 million –...
Insurers Braced for Claims Surge as 10-Year High Floods Hit India
Dec 8 2015 // Insurers from Lombard General Insurance Co. to American International Group Inc. are bracing for a surge in Indian claims to a 10-year high after unprecedented floods last week ravaged Chennai, the city home to factories...
Insurance Lies Clients Believe – And Pass on to Others
Dec 7 2015 // Myths, legends and lies are hard to dispel and correct, especially when doing so appears to financially harm the teller or believer. If the myth is true, the client (the teller/believer) does not need to purchase the...
British Insurers Adjust Risk Models after Costly Repeat of 100-Year Floods
Dec 7 2015 // British insurers could have to pay out up to £250 million ($377 million) in claims to owners of homes and businesses, industry specialists said on Monday, after the northwest of England suffered once-in-a-century floods...
UK Insurers Ready to Aid Recovery from Storm Desmond ABI Assures Policyholders
Dec 7 2015 // The Association of British Insurers (ABI) has issued a bulletin reassuring homeowners and businesses hit by Storm Desmond that insurers “are doing everything possible to help them recover.” The ABI listed some...
Report: Southeast States Not Prepared for Future Risks from Climate Change
Dec 7 2015 // Many states across the country, particularly in the Southeast, are unprepared to face the risks posed from extreme heat, drought, wildfires, inland flooding, coastal flooding and other extreme weather events, according to...
