Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
More State Flood Protection Money Sought for Minot, N.D., Region
Jun 21 2016 // Minot, N.D.-area officials will ask the state for another $119 million in the next two-year budget period for work on a flood protection project. Officials say completing the first four phases of the project will protect...
Don’t Expect Surge of Private Flood Insurance Products: S&P
Jun 21 2016 // Opening U.S. flood insurance to private insurers won’t lead to a surge of new market entrants, Standard & Poor’s asserts in a new report. Even if Congress passes legislation to make the change as it is...
Flawed Flood Maps Hurting Condo Sales in Maryland City
Jun 20 2016 // Flawed Federal Emergency Management Agency flood insurance maps have caused insurance premiums at some Ocean City, Maryland, properties to skyrocket, but city officials say a resolution could still take months. The Daily...
SBA Approves Disaster Loans for Southern Mississippi After Spring Floods
Jun 13 2016 // The U.S. Small Business Administration has approved disaster assistance for South Mississippi counties that saw torrential rains and flash flooding April 28 through May 2. The Mississippi Emergency Management Agency...
Flawed Flood Maps Hurting Condo Sales in Ocean City, Maryland
Jun 9 2016 // Flawed Federal Emergency Management Agency flood insurance maps have caused insurance premiums at some Ocean City, Maryland, properties to skyrocket, but city officials say a resolution could still take months. The Daily...
Global Disasters During May to Cost Insurers at Least $7B: Aon Report
Jun 9 2016 // Global disasters led to at least $7 billion in claims during May as insurers aid the recovery process following wildfires, floods, and storms, according to Impact Forecasting, Aon Benfield’s catastrophe model...
Tornado Hits Hamburg – Latest in Europe’s Destructive Summer Storms
Jun 8 2016 // A tornado tore through the northeast of Hamburg on Tuesday evening, blowing off the roofs of several buildings, uprooting dozens of trees and damaging cars and a power line as storms that have raged across Europe this...
AIR Worldwide: Storms in Texas Brought Up to 600% of Long-Term Average Rain Amounts
Jun 7 2016 // Catastrophe modeling firm, AIR Worldwide, reports that over the last several weeks, much of Texas has experienced 400 percent to 600 percent of long-term average rainfall amounts. The storms have subsided for now, but...
Blanch Appointed President of Florida Flood Insurer TypTap
Jun 7 2016 // HCI Group, Inc. (HCI) has appointed Ted Blanch as president of TypTap Insurance Company, HCI’s new online insurance company. Blanch brings years of industry experience to TypTap, which offers an online platform to...
Update: German Flood Claims Estimated at $1.1B, Says Fitch Ratings
Jun 7 2016 // Insurers will face higher-than-expected claims related to floods in Germany, according to Fitch Ratings, dealing another blow to an industry squeezed by low interest rates and decreasing prices for policies. Claims linked...
Rain Slows, But Flooding Continues in Southeast Texas
Jun 6 2016 // The heavy rain that’s been hovering over parts of southeast and central Texas and caused deadly flooding began to lift on Saturday, June 4, but officials said the flooding emergency near the Gulf Coast was worsening...
Tropical Storm Colin Prompts Flood Warnings in Florida, Georgia
Jun 6 2016 // A disorganized Tropical Storm Colin in the Gulf of Mexico is expected to cross Florida overnight threatening evacuations in the state’s northern and central regions before striking the Georgia and South Carolina...
Insured Losses from French Floods May Total $682M: Industry Association AFA
Jun 6 2016 // Insurance executives meet with government officials in Paris Monday to assess the cost of flooding in the Centre and Ile-de-France regions as the Seine river recedes from its highest levels in more than three decades. The...
South Carolina Commissioner Farmer: Lessons from Historic Floods
Jun 6 2016 // South Carolina’s coastal property insurance market is strong, but the state’s significant catastrophe risk remains an ongoing threat and not one that should be taken lightly. That is the message South Carolina...
Assurant Joins Florida’s Private Flood Market
Jun 6 2016 // Assurant, Inc. has launched Assurant Primary Flood Insurance for Florida customers. The new Assurant Primary Flood Insurance offers structural coverage up to $800,000 and up to $250,000 in contents coverage, at competitive...
Records Show Rural West Virginia Flooded with Painkillers
Jun 6 2016 // Information about pill shipments that prescription drug distributors being sued by the state had sought to keep secret show that the firms flooded rural West Virginia with hundreds of thousands of painkillers. The...
South Carolina Lawmakers Override Haley’s $40M Farm Aid Veto
Jun 6 2016 // South Carolina lawmakers in both the House and Senate voted to override Gov. Nikki Haley’s veto of a bill offering $40 million in state aid to farmers who lost their crops in last year’s massive floods. The...
PERILS Revises Loss Estimate for UK Floods from Storm Desmond to $861.4M
Jun 3 2016 // The insured property loss estimate for floods that hit the UK from Dec. 4 to 24, 2015, following Storm Desmond and other low pressure systems, has been revised to £597 million ($861.4 million), according to PERILS, the...
Torrential Rain Triggers Floods in France; Seine Rises to Highest Level in 34 Years
Jun 2 2016 // Paris’s Seine River rose to its highest level in more than 34 years, disrupting train traffic and prompting the Louvre museum to shut to move some its artwork from flood-prone storage areas. As torrential rains...
More Residents Flee as Swollen River Feeds Flooding near Houston
Jun 2 2016 // Residents of some rural southeastern Texas counties are bracing for more flooding along a river that has already reached a record high as more rain was expected in the coming days. Large swaths of suburban communities...
