Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
U.S. Had 14 Weather Disasters of $1 Billion or More in 2019
Jan 9 2020 // The U.S. had 14 weather disasters costing $1 billion or more last year, with Midwest flooding accounting for almost half of the total, according to the National Oceanic and Atmospheric Administration. Flooding from the...
Insurance Industry Calls for Action to Mitigate Climate Risk as Australia Bushfires Widen
Jan 8 2020 // As the devastation from Australia’s bushfires widens, the insurance industry is calling for concerted action to mitigate the impact of climate change. Months of out-of-control fires have burnt an area more than five...
FEMA Renews $1.3 Billion Reinsurance for Flood Program with 27 Carriers
Jan 6 2020 // The Federal Emergency Management Agency (FEMA) FEMA reported its 2020 traditional reinsurance placement for the National Flood Insurance Program (NFIP) in a transaction in which 27 private reinsurers assumed $1.33 billion...
Better Flood Protection Needed in Missouri, Governor’s Advisory Group Says
Jan 3 2020 // Missouri’s levees need to be strengthened and repaired, especially in rural areas hit hard by prolonged flooding in 2019, according to an advisory group appointed by Gov. Mike Parson. St. Louis Public Radio reported...
Indonesia Flooding Forces Evacuation of More Than 400,000 People with 42 Deaths
Jan 3 2020 // At least 42 people have died from the New Year’s Day flooding in Indonesia, and hundreds of thousands were evacuated, as the greater Jakarta area suffered the most intense rain in 24 years. More than 400,000 people,...
Indonesia Hit by Worst Flooding Since 2013, with Death Toll Rising
Jan 2 2020 // Indonesian authorities re-opened the Halim Perdanakusuma airport in Jakarta for limited operations, as the death toll rises from the city’s worst flooding in almost seven years. At least 16 people have died from the...
Insurance Journal’s Top 10 East Region Stories of 2019
Jan 2 2020 // A new year is a time of reflection for some, and last year, the city of Boston began 2019 by reflecting on an important piece of the city’s history: the 100-year anniversary of The Great Molasses Flood. The flood,...
Insurance Journal’s Top 10 Southeast Region Stories of 2019
Jan 2 2020 // It was a relatively quiet year for the Southeast in terms of major catastrophes compared with 2018 when Hurricane’s Michael and Florence caused major damage in the region. This year, Hurricane Dorian sideswiped the...
Emergency Declaration Extended in Alaska Borough for Flooding
Dec 31 2019 // An emergency declaration was extended in an Alaska borough where residents were forced to evacuate when an ice jam caused a creek to flood, official said. Matanuska-Susitna Borough Assembly members met with state officials...
Venice Floods to Cost St. Mark’s Cathedral at Least $5.5 Million in Damage
Dec 30 2019 // “Every stone is a treasure,” says the technical director of St. Mark’s Basilica’s vestry board, indicating the prized gold-leaf mosaics overhead, the inlaid stone pavement and the marble clad walls...
Insured Property Losses for December 2018 Sydney Hailstorms Rise to A$798M: PERILS
Dec 27 2019 // The fourth and final insured property loss estimate for the hailstorms that hit the greater Sydney region in December 2018 rose to A$798 million ($553.2 million), according to PERILS, the independent Zurich-based...
Venice Hotels Suffer Nearly $34M in Damages from November’s Floods
Dec 23 2019 // Venice’s hoteliers association estimates that the city’s hotels suffered about 30 million euros ($34 million) worth of structural damage during November’s floods. The overall losses, though, are higher...
Spending Bills with Flood, Terrorism Insurance Renewals Go to President Trump
Dec 20 2019 // The Senate yesterday went along with House measures that fund the military and rest of the federal government through next September. The government funding measure includes two provisions of particular interest to the...
Neptune Flood of Florida Hires Eckstein as Executive Director
Dec 19 2019 // Florida-based insurtech, Neptune Flood Incorporated has hired Jean-Luc Eckstein has been hired as executive director. Eckstein joins Neptune Flood from Fortune 500 technology provider, CDW, where he sold software and...
Judge Rules U.S. Army Engineers May Be Liable for Hurricane Harvey Floods
Dec 17 2019 // Hundreds of Houston homeowners near U.S. Army Corps of Engineers-managed reservoirs may receive compensation for flooding of their properties during 2017’s Hurricane Harvey, a federal judge ruled on Tuesday. The U.S....
Georgia Governor Issues Emergency Order After Flooding at Atlanta Hospital
Dec 17 2019 // Georgia’s governor has issued an emergency declaration because of capacity issues at Atlanta-area hospitals after a flooding incident at the state’s largest trauma center last week. Grady Memorial Hospital in...
Government Spending Bill Includes Flood, TRIA Renewals and Obamacare Taxes Repeal
Dec 17 2019 // Congress is planning to use a $1.4 trillion package of two must-pass spending bills to repeal Obamacare taxes, raise the age for tobacco purchases to 21 and extend the U.S. Export-Import Bank for seven years, according to...
Tropical Storm Imelda: Another Unique Weather Event
Dec 16 2019 // Tropical Storm Imelda landed on the Texas Gulf Coast on September 17, 2019. Over the three-day duration of the storm, 43 inches of rain saturated some locations, with nearly 30 inches falling over a 12-hour period. Some...
365 Days: Education, Mitigation and The Flood Insurance Guru
Dec 13 2019 // If it weren’t for Hurricane Katrina, Chris Greene might not have become an expert in all things flood related. Greene, a Georgia-based independent flood insurance agent, and founder and owner of The Flood Insurance...
Can Historic Towns Along Southeast Coast Endure Sea Rise?
Dec 12 2019 // Historic cities and towns along the Southeastern U.S. coast have survived wars, hurricanes, disease outbreaks and other calamities, but now that sea levels are creeping up with no sign of stopping, they face a more...
