Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
House Republicans Release Flood Insurance Relief Bill
Feb 24 2014 // House GOP leaders last week put the final touches on legislation that would significantly water down a recently enacted overhaul of the much criticized federal flood insurance program, easing many premium increases and...
Aviva, RSA, Direct Line Face Heaviest Losses from UK Floods
Feb 24 2014 // Aviva Plc, RSA Insurance Group Plc, and Direct Line Group Plc are poised to bear the brunt of losses from flooding in Britain that is estimated to cost the industry as much as £1 billion ($1.667 billion). Aviva, the...
22 Charged in Florida Staged Flood, Fire Fraud Ring
Feb 24 2014 // A major fraud ring that staged fires and floods at South Florida homes to collect millions of dollars in claims from insurance companies has been broken up with charges against 22 people, authorities said. The alleged...
Disaster Aid For Colorado Flooding Surpasses $267M
Feb 24 2014 // Since heavy rains brought flooding in September 2013, Colorado survivors have received more than $267 million in federal and state recovery assistance, according to the Federal Emergency Management Agency. More than $219...
Private Flood Insurance Agency Now Selling in 15 States
Feb 24 2014 // A Florida agency selling private flood insurance said it is now selling the coverage in 15 states and making it available to commercial risks and apartment buildings. According to Evan Hecht, CEO of The Flood Insurance...
Indiana Homeowners Fear Flood Insurance Sticker Shock
Feb 21 2014 // Homeowner Wally Cantrell’s finished basement was destroyed in the June 2008 flood in Columbus, Ind., but his flood insurance policy helped cover a good bit of the repairs. Now, Cantrell wonders if he will soon face a...
Louisiana Governor Asks Congress to Stop Flood Insurance Hikes
Feb 20 2014 // After months largely silent on the issue,Louisiana Gov. Bobby Jindal is urging congressional leaders to stop higher flood insurance premiums from hitting homeowners and businesses. Jindal sent a letter to the Republican...
Cincinnati Officials Say Levee Decision Forced Flood Insurance Purchases
Feb 19 2014 // Two city council members in Cincinnati, Ohio, say they want to know more about the decision to decertify a flood levee, which forced hundreds of property owners in Cincinnati to buy flood insurance. Councilman Charlie...
Consumer Group Blasts ‘Misleading’ Senate Bill to Delay Flood Insurance Hikes
Feb 19 2014 // The House of Representatives should defeat flood insurance legislation passed by the Senate in January because it “would have the effect of misleading tens of thousands of homeowners concerning their vulnerability to...
Flooded U.K. Homeowners Face Declining Values: No Mortgages or Insurance
Feb 19 2014 // Homeowners in some of Britain’s wealthiest districts face a drop in property values and the prospect their homes may be uninsurable as record floods blight towns along the River Thames. About 5,800 homes have been...
West Virginia Bill Would Authorize Sale of Private Flood Insurance
Feb 18 2014 // West Virginia state Senator Rocky Fitzsimmons (D-Ohio) has introduced a bill that would authorize private insurers to offer flood insurance in West Virginia. Since federal law changes in 2012, some West Virginians have...
England Floods, U.S. Freezes so Blame Indonesia: Bloomberg’s Marc Champion
Feb 17 2014 // The U.S. is freezing and the U.K. is flooded. Clearly, Indonesia is at fault. That, in any case, is my layman’s interpretation of a report this week from the U.K.’s meteorological agency, the Met Office. It...
Saving Southern California Drivers From Flooding Aim of Signs
Feb 14 2014 // Southern California may be in a drought, but San Bernardino County is thinking about the safety of motorists who use roads prone to flash flooding. Signs warning drivers to “Turn Around, Don’t Drown”...
House Leader Promises Vote on Flood Insurance Rate Delay
Feb 14 2014 // The Republican leadership in the House of Representatives is promising to take up legislation to delay certain flood insurance premium increases during the week of Feb. 24. The details of any House bill remain a mystery...
Louisiana Congressman Says Leadership Post Lost after Flood Insurance Vote
Feb 13 2014 // U.S. Rep. Bill Cassidy of Louisiana said he’s been booted from a Republican leadership position because he broke with GOP leaders in his efforts to stop higher flood insurance premiums from hitting...
Frustrated Sandy Victims Blast N.J. Officials at Public Hearing
Feb 13 2014 // Frustration with the slow pace of recovery from Superstorm Sandy boiled over Tuesday at a public hearing on the rebuilding process. Residents affected by the Oct. 29, 2012, storm blasted state officials over what they...
Global 2013 Cat Losses at $40 Billion Were ‘Below Average’ – Guy Carpenter
Feb 13 2014 // Guy Carpenter & Company, LLC, the leading global risk and reinsurance specialist and member of Marsh & McLennan Companies, 2013 Catastrophe Review concludes that “natural catastrophes and man-made disasters...
Disaster Aid For Colorado Flooding Surpasses $267M
Feb 12 2014 // Since heavy rains brought flooding in September 2013, Colorado survivors have received more than $267 million in federal/state recovery assistance, according to the Federal Emergency Management Agency. More than $219...
Cities Lobby for Halt to Flood Insurance Increases; House Vote Blocked
Feb 12 2014 // Yesterday the National League of Cities joined the Florida League of Cities, Florida Association of Counties and others in meetings with White House officials and members of Congress to urge a halt to flood insurance...
UK Battered by Relentless Winter Storms, Floods: AIR Analysis
Feb 12 2014 // A report from catastrophe modeling firm AIR Worldwide notes that “since October 2013, the United Kingdom has been experiencing a seemingly endless succession of severe winter storms that have produced multiple...
