Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
Heading into Spring Flooding Season, Missouri River Remains Low
Mar 5 2021 // This year is shaping up to be drier than normal throughout the Missouri River basin, and the risk of flooding is generally below normal throughout the region because conditions remain dry and snowpack levels are below...
FEMA: 87% of Federal Flood Claims from Hurricane Laura Closed in Louisiana
Mar 5 2021 // The majority of National Flood Insurance Program claims in Louisiana stemming from Hurricane Laura, which hit the state in August 2020, have been closed. FEMA says the NFIP has closed 87% of the 1,227 claims submitted and...
FEMA Buys More Flood Reinsurance; Decision Near on Insurance Rate Change Plan
Mar 5 2021 // The federal government has bought additional reinsurance to cover losses of the National Flood Insurance Program. On Feb. 23, the Federal Emergency Management Agency (FEMA), which administers the flood insurance program,...
Kentucky Inundated by Floodwaters After Heavy Rains
Mar 4 2021 // Kentucky’s governor toured parts of his state hard by heavy rains Tuesday and pledged to seek federal assistance after massive flooding inundated several areas. Gov. Andy Beshear said “parts of cities are...
Florida’s TypTap Attracts $100M to Expand Nationally in Flood, Homeowners Insurance
Mar 2 2021 // TypTap, a five-year old Florida-based writer of private market homeowners and flood insurance, has attracted $100 million in financing from investment firm Centerbridge Partners. The company plans to use the money to...
Many States Lack Flood Risk Disclosure Laws for Homebuyers
Mar 1 2021 // Homebuyers in nearly half of the states including hurricane-prone Florida can be left in the dark about the flood risks to their new house. The Natural Resources Defense Council (NRDC) ) has released an updated scorecard...
U.S. to Urge Barriers, Elevation to Fight New Jersey Back Bay Flooding
Feb 26 2021 // The federal government will recommend flood control measures including storm surge barriers, floodwalls and elevating homes and other buildings in a report later this year on combating back bay flooding, a major problem in...
Flood Risk in Iowa, Nebraska Appears Low with Gradual Snow Melt
Feb 25 2021 // The risk of flooding generally remains low across most of Nebraska and Iowa because the snow across both states is expected to melt gradually in the coming days. But the amount of ice on some rivers, particularly the...
Federal Flood Insurance Premiums Far From Keeping Up With Expected Losses
Feb 22 2021 // If the nearly 4.3 million residential homes (1-4 units) across the country with substantial flood risk were to be insured through the National Flood Insurance Program (NFIP), the NFIP rates would need to increase 4.5 times...
Florida’s Citizens Insurance Makes Drastic Rate Changes to Stem Flood of New Policies
Feb 22 2021 // After holding off on approving its 2021 rates in December, Citizens Property Insurance Corporation’s Board of Governors approved rate recommendations that the insurer says will make its rates more competitive with...
Over $115M in Federal Flood Claims Paid in Louisiana After 2020 Hurricanes
Feb 22 2021 // As of Feb. 1, the National Flood Insurance Program (NFIP) had paid out more than $115 million in flood claims in Louisiana in response to the 2020 hurricane season. That figure is up from the $110 million in NFIP payments...
ShoreOne Rolls Out Combined Homeowners, Flood Policy in South Carolina
Feb 10 2021 // Massachusetts-based managing general agent ShoreOne created a new coverage for coastal homeowners to address inadequate flood coverage. ShoreOne’s new offering combines traditional homeowners insurance with full...
Rescuers Search for Workers Trapped at Hydropower Site in Flood-Hit North India
Feb 9 2021 // Rescue workers continue to battle mountains of slush and debris at a hydropower construction site in north India that was damaged by flash floods that have killed at least 11 people. The rescue team of Indo-Tibetan Border...
Tennessee AG Sues Supermarket Chain for Flooding State with Opioids
Feb 8 2021 // Tennessee’s attorney general on Thursday sued Food City over claims that the supermarket chain’s pharmacies intentionally profited from the opioid epidemic by unlawfully selling tens of millions of prescription...
Neptune Flood, Acadian Managers to Offer Flood Insurance in Louisiana
Feb 8 2021 // Neptune Flood, an AI-driven flood insurance company, has partnered with Acadian Managers (Acadian) to offer flood insurance coverage through Acadian’s network of independent agents to homeowners throughout...
Improvements Bringing Down Flood Insurance Rates in Cedar Rapids, Iowa
Feb 7 2021 // When Iowa’s Cedar River flooded over 10 square miles of the city in 2008, few property owners had flood insurance — slowing recovery for residents and business owners as they waited for resources from the federal...
Over $115M in Federal Flood Insurance Paid in Louisiana for 2020 Hurricanes
Feb 2 2021 // As of Feb. 1, the National Flood Insurance Program (NFIP) has paid out more than $115 million in flood claims in Louisiana in response to the 2020 hurricane season. That figure is up from the $110 million in NFIP payments...
National General Expands Beyond Floods Product Into 13 Additional States
Jan 29 2021 // National General Holdings Corp., a specialty personal lines insurance holding company owned by Allstate, has expanded its private flood product, Beyond Floods, into 13 additional states. The product offers coverage to...
$650M Going into Massive Hawaii Flood Project
Jan 29 2021 // The U.S. Army Corps of Engineers announced the cost estimate for a flood prevention project in Hawaii has doubled, striking another blow to the effort. The Corps said a financial analysis on Friday has raised the cost of...
California Alerts Residents in Burn Areas About Flood And Mudslide Coverage
Jan 26 2021 // California Insurance Commissioner Ricardo Lara is alerting residents to review their current insurance policies in the midst of a forecast of winter weather bringing the possibility of floods, mudslides, debris flows, and...
