Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
Rule Addresses Lenders’ Flood Insurance Escrowing, Mandate Exemptions
Oct 27 2014 // Five federal regulatory agencies are seeking comment on a proposed rule pertaining to loans secured by property located in special flood hazard areas. The rule, part of a broader proposal first offeerd last October, would...
Marsh to Acquire Flood Insurance Technology Firm Torrent
Oct 20 2014 // Insurance broker Marsh has agreed to acquire Torrent Technologies Inc., which serves Write Your Own (WYO) insurers participating in the National Flood Insurance Program (NFIP). Torrent’s approximately 100 employees...
High-Tide Floods to Triple for Some East Coast Cities: UCS
Oct 20 2014 // Flooding during high tides, which used to be rare, is now common in some places and could worsen to the point that sections of coastal cities may flood so often they would become unusable in the near future, according to a...
NJ Transit Sues Insurers Over Sandy Losses, Seeks $300M
Oct 20 2014 // New Jersey Transit, the nation’s third-largest bus, rail and light rail transportation provider, is suing several excess insurers to recoup additional $300 million for Superstorm Sandy losses. NJ Transit says its...
N.J. Regulator: 99.4% of Non-Flood Sandy Claims Settled
Oct 20 2014 // Ken KobylowskiNew Jersey Department of Banking and Insurance Commissioner Ken Kobylowski said that among the 470,281 non-flood, Superstorm Sandy-related homeowners, automobile and commercial claims that were filed in New...
High-Tide Floods to Triple for Some Coastal Cities
Oct 20 2014 // Flooding during high tides, which used to be rare, is now common in some places and could worsen to the point that sections of coastal cities may flood so often they would become unusable in the near future, according to a...
Encroaching Tides: How Sea Level Rise and Tidal Flooding Threaten U.S. East and Gulf Coast Communities over the Next 30 Years
Oct 20 2014 // The “Encroaching Tides: How Sea Level Rise and Tidal Flooding Threaten U.S. East and Gulf Coast Communities over the Next 30 Years,” can be found at www.ucsusa.org. The study contains profiles on how tidal...
10 Things to Know About Commercial Property
Oct 20 2014 // Prices for commercial property insurance fell during the second quarter of 2014, marking the first time in three years that property prices fell, according to a recent Towers Watson survey. The survey showed that over half...
Hurricane Gonzalo Threatens Bermuda With Flooding, Storm Surge
Oct 17 2014 // Gonzalo, classified as a major hurricane and bearing down on Bermuda with tree-snapping winds, is forecast to bring flooding and a life-threatening storm surge as it’s projected to be the worst storm to hit the...
Flash Flood Risk Score: An Innovative Approach to Evaluate Flooding
Oct 16 2014 // This post is part of a series sponsored by CoreLogic. Flooding by the Numbers A review of the annual damage resulting from floods indicates that coastal flooding, riverine flooding and also flash flood events combine to...
Scientists in New Mexico Predict Post-Wildfire Erosion Risks
Oct 13 2014 // It’s nearly impossible to predict when and where the next major wildfire will be and whether an ill-timed thunderstorm could result in tons of ash and charred debris being washed down the bare mountainsides once the...
Flood Relief Loan Center Opens in Memphis, Tennessee
Oct 10 2014 // The U.S. Small Business Administration is opening an office in Memphis, Tennessee, to make it easier for residents affected by last month’s flooding to apply for disaster loans. The agency says it is opening a...
New Jersey Transit Sues Insurers Over Sandy Losses, Seeks $300M
Oct 8 2014 // New Jersey Transit, the nation’s third-largest bus, rail and light rail transportation provider, is suing several excess insurers to recoup additional $300 million for Superstorm Sandy losses. NJ Transit says its...
N.J. Commissioner: 99.4% of Non-Flood Sandy Claims Settled
Oct 8 2014 // New Jersey Department of Banking and Insurance Commissioner Ken Kobylowski said that among the 470,281 non-flood, Superstorm Sandy-related homeowners, automobile and commercial claims that were filed in New Jersey, 99.4...
Judge: New Louisiana Law Can’t Stop Suit Against ‘Big Oil’
Oct 8 2014 // A state judge in Baton Rouge ruled that Louisiana’s Legislature missed its mark when it passed a bill seeking to halt a south Louisiana flood board’s lawsuit against dozens of oil, gas and pipeline companies...
Federal Aid OK’d For New Mexico Storm, Flood Damage
Oct 8 2014 // Local governments and some other entities in New Mexico are now eligible for federal assistance to recover from flooding and storm damage suffered during last summer. The White House says a disaster declaration by...
High-Tide Floods to Triple for Some East Coast Cities, Study Finds
Oct 8 2014 // Flooding during high tides, which used to be rare, is now common in some places and could worsen to the point that sections of coastal cities may flood so often they would become unusable in the near future, according to a...
SBA Loans Available to Arizona Residents Hurt By Flooding
Oct 7 2014 // Arizona business owners and residents affected by flooding earlier this month can apply for federal loans. The U.S. Small Business Administration announced Thursday that low-interest disaster loans are available for...
AIR Worldwide Discusses Expected Damages From Typhoon Phanfone
Oct 6 2014 // An ominous storm from the outset, Typhoon Phanfone is now on track to impact large areas of Japan with damaging winds and substantial rainfall, from Osumi and the southeastern coast of Kyushu to Shikoku and Honsh,...
Civil Engineers Hit Lack of National Plan on Flood Mitigation
Oct 6 2014 // An organization of civil engineers is calling for a national strategy for mitigating flood risks, saying the U.S. has not fully heeded lessons from Hurricane Katrina and Superstorm Sandy. The American Society of Civil...
