Latest Flood Headlines

All the headlines from our Flood Topic Page, ordered by recency.

Aon Benfield’s June Cat Report Highlights China Rains, Floods, U.S. Storms

Jul 9 2015 // Impact Forecasting, Aon Benfield’s catastrophe model development team, has released its latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that...

Communities Near Southern California Fire at Risk for Floods

Jul 7 2015 // U.S. Forest Service officials say those living in areas around a 49-square-mile wildfire will be at risk for flooding and debris flows long after the flames are extinguished. The Press-Enterprise in Riverside reported that...

Three Steps Towards Getting Your Portfolio Ready for Hurricane Season

Jul 6 2015 // This post is part of a series sponsored by CoreLogic. Insuring property along our nation’s coastlines can be either extremely lucrative or laden with risk. Many coastal residents are underinsured—which puts...

Deadline to File Flood Insurance Claims in Oklahoma Extended

Jul 6 2015 // Oklahoma’s insurance commissioner says property owners who experienced flood damage during heavy rainfall in May and June have more time to file insurance claims. Commissioner John Doak said the Federal Emergency...

Aon Benfield Calls for More Industry-Wide Cat Modelling Initiatives

Jul 6 2015 // Aon Benfield, the global reinsurance intermediary, issued a call to the insurance industry to “collaborate to innovate, in order to obtain the most useful risk management insights from catastrophe models.” The...

Louisiana Commissioner Requests Flood Claim Deadline Extension

Jul 6 2015 // The Federal Emergency Management Agency’s National Flood Insurance Program (NFIP) requires homeowners to file a Proof of Loss form to claim damages within 60 days of a flood. On June 17 in a letter to FEMA...

Flooding Could Cost More Than Louisiana Property Owners Think

Jul 6 2015 // The flood plain manager for the Rapides Area Planning Commission in Louisiana said people whose homes flooded may find that repairs bring them under newer and stricter building standards. Melissa Becker told The Town Talk...

FEMA Sets Deadline for Requesting Sandy Claims Review

Jul 6 2015 // The Federal Emergency Management Agency (FEMA) announced that Sept. 15 would be the last day for National Flood Insurance Program (NFIP) policyholders who filed Superstorm Sandy flood claims to sign up for the review...

How Hurricane Katrina Changed Business Preparation Planning for Disasters

Jul 6 2015 // Nearly 10 years ago, wind and storm surges as a result of Hurricane Katrina caused $41 billion in insured losses and $108 billion in total economic losses. Many of the lawsuits filed as a result of the fifth hurricane of...

Crop Insurance Payments for Drought More Than for Flooding

Jul 6 2015 // Farmers are reaping higher yields and ranchers’ feed costs have fallen sharply since flooding swept across the southern U.S. Plains in May, with the record rains providing tangible benefits to agriculture despite...

Flood Insurance Claims Underpayments Not Widespread: Senate Study

Jul 6 2015 // The U.S. government’s appeals process for reviewing flood insurance claim disputes is riddled with flaws, but there is no evidence of systematic underpayments by insurers to flood victims, an investigation by U.S....

Plugging the Hole in the U.S. Flood Market: How Risk Modelers Can Help to De-Risk the NFIP

Jul 6 2015 // The National Flood Insurance Program (NFIP) has long been the dominant player in the U.S. flood insurance market, providing subsidized flood insurance based on actuarially unsound rates for millions of property owners, in...

90% of Cars at Central Iowa Auto Shop Destroyed in Flood

Jul 6 2015 // A Clive, Iowa, auto repair business reported that 90 percent of the vehicles on its property have been ruined by a flash flood. Acheson Auto Works, which backs up to Walnut Creek, was flooded early on June 26, destroying...

Lighthouse Enters Texas Homeowners Insurance Market

Jul 2 2015 // Lighthouse Property Insurance Corp. (Lighthouse), with headquarters in Florida, began offering homeowners insurance and flood insurance throughout Texas on July 1. Lighthouse also provides coverage to more than 36,000...

Oklahoma’s Request for Flood Claims Extension Approved

Jul 1 2015 // Oklahomans with flood damage will have extra time to file their insurance claim. The Federal Emergency Management Agency (FEMA) has given National Flood Insurance Program (NFIP) policyholders an extra 180 days to file a...

Flooding, Rain Problematic for Ohio Corn Growers

Jun 30 2015 // Extensive flooding and heavy rains have affected corn fields across Ohio and left growers contending with the possibility of lost or damaged crops. Flooding and ponding could kill some corn crops, an Ohio State University...

FEMA Sets Sept. 15 Deadline for Requesting Sandy Flood Claims Review

Jun 29 2015 // The Federal Emergency Management Agency (FEMA) announced that Sept. 15 would be the last day for National Flood Insurance Program (NFIP) policyholders who filed Superstorm Sandy flood claims to sign up for the review...

Updated AIR Hurricane Model for U.S. Features Storm Surge Module

Jun 29 2015 // Catastrophe risk modeling firm AIR Worldwide has updated its hurricane model for the U.S. to help insurers and reinsurers better understand and quantify the risk from hurricanes. The update features a hydrodynamic storm...

Louisiana Farmers, Ranchers Brace for Worst Year Since 2008

Jun 26 2015 // Flooded fields and fickle temperatures put Louisiana farmers and ranchers in a pensive mood as they gathered here for the Farm Bureau Federation Convention, the state’s largest annual celebration of...

Arkansas Lawmaker: Flooding Highlights Need for Levee Standards

Jun 26 2015 // Changes to Arkansas’ levee system after recent flooding in the state should be on the agenda if the Legislature is called back into a special session , a key lawmaker said. Republican Sen. Jason Rapert, who chairs...