Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
Insured Loss for UK’s February Floods Estimated at £375 Million
Aug 31 2020 // The updated estimate of the insured property market loss for floods that hit February 9 to 29, 2020, across the United Kingdom is £375 million. PERILS, the independent Zurich-based organisation providing industry-wide...
Honolulu Flooding Control Plan Updated
Aug 28 2020 // The Army Corps of Engineers released a revised flood protection plan for Honolulu neighborhoods that includes fewer impacts on natural streams and residential properties within the watershed. The updated Ala Wai Flood...
Analysts Warn of Effects of Hurricane Laura Losses on P/C Insurers
Aug 27 2020 // Ratings analysts A.M. Best and Moody’s are expecting property/casualty insurers and reinsurers to suffer meaningful losses from Hurricane Laura. A.M. Best expects losses from Hurricane Laura to place added stress on...
Flash Flood Swamps Residences, Vehicles in Utah
Aug 26 2020 // The St. George, Utah, area along the border between Utah and Arizona was inundated with flash floods after a torrential downpour on Sunday. A large thunderstorm rained down more than an inch of water throughout the...
Hurricane Laura’s Timing, Direction Bring Harvey, Katrina, Rita to Mind
Aug 25 2020 // Tropical Storm Laura morphed into a hurricane on Aug. 25, 2020 — three years to the day after Hurricane Harvey swept ashore on the Texas Gulf Coast — and is expected to make landfall just days before the 15-year...
Maryland County Washing Away, Residents Face Hard Choices
Aug 25 2020 // High tides surging from a narrow creek destroyed the car Kathy Blake once parked in her gravel driveway here. Over the past two decades, the water has ruined half a dozen of them. Since October, when one of those floods...
Wright National Expands Flood Products into Virginia
Aug 24 2020 // Wright National Flood Insurance Services (WNFIS) has introduced two private flood insurance products for Virginia residential property owners – The Wright Residential Private Flood Insurance Program and Hiscox...
Insured Losses from Hurricane Isaias $3-$5 Billion: RMS
Aug 24 2020 // Estimated total insured losses from Hurricane Isaias will be between $3.0 and $4.5 billion in the U.S. This includes estimated losses to the National Flood Insurance Program (NFIP) of between $400 and $700 million,...
Dueling Storms Marco, Laura Hit Haiti, Dominican, Cuba on Way to Gulf Coast
Aug 23 2020 // SUNDAY, 08/23/2020, 06:23 PM— Hurricane Marco and Tropical Storm Laura tore through the Caribbean and Gulf of Mexico on Sunday, forcing thousands of coastal residents in Louisiana and Cuba to evacuate and flooding roads...
West Virginia AG Sues Walmart, CVS Over State Flooding of Opioids
Aug 21 2020 // West Virginia’s attorney general sued Walmart and drugstore chain CVS on Tuesday, saying they failed to monitor and report suspicious orders of prescription painkillers to their retail pharmacies in a state ravaged...
Heavy Rains in Virginia Close Roads, Prompt Evacuations at Dams
Aug 18 2020 // Torrential weekend rains in central Virginia led to scores of road closings in low-lying areas and prompted home evacuations near a pair of small dams. Between three inches and 10 inches of rain fell in the greater...
RMS Estimates Insured Losses from Hurricane Isaias at $3-$5 Billion
Aug 17 2020 // Estimated total insured losses from Hurricane Isaias will be between $3.0 and $4.5 billion in the U.S. This includes estimated losses to the National Flood Insurance Program (NFIP) of between $400 and $700 million,...
New Jersey Provides Guidance for Homeowners After Tropical Storm Isaias
Aug 13 2020 // The New Jersey Department of Banking and Insurance (DOBI) has provided guidance for homeowners suffering property damage caused by the recent tropical storm that rattled the state. DOBI has issued guidance for New Jersey...
Secondary Perils Drive Global Insured Catastrophe Losses of $31B During H1: Swiss Re
Aug 12 2020 // Global insured property losses from disasters were US$31 billion in the first half of 2020, up from US$23 billion during the same period last year, according to Swiss Re Institute’s sigma estimates. Natural...
Why Condominium Associations Should Consider Risk Management and Financing with Caution
Aug 10 2020 // Insurance for a condominium association is designed to finance the insurable exposures for the association. These exposures include the property and several liability exposures, including what would be covered by a...
Marginal Flood Risk Remains for North Carolina After Isaias
Aug 6 2020 // At least eight people were killed as Tropical Storm Isaias battered the U.S. East Coast with rain and fierce winds after making landfall as a hurricane in North Carolina. Millions of people were without power on Wednesday...
Heavy Rain in Pennsylvania Prompts Rescues, Wind Damages Hospital Day Care
Aug 6 2020 // High winds partially tore the roof off a day care center on the grounds of a suburban Philadelphia hospital, injuring four children, as heavy rains flooded rivers and streams, prompting water rescues, evacuation calls and...
Urban Flooding Is On The Rise, So What Can Be Done?
Aug 6 2020 // As hurricane season heats up, a growing number of properties located outside of FEMA-designated high-risk flood zones are already flooding. The problem is especially bad in the urban areas of America’s cities. A...
Destruction from Tropical Storm Isaias Seen Across North Carolina
Aug 5 2020 // Tropical Storm Isaias spawned tornadoes and dumped rain along the U.S. East Coast on Tuesday after making landfall as a hurricane in North Carolina, where it smashed boats together and caused floods and fires that...
Tropical Storm Isaias Left Death, Darkness, Tornadoes, Floods on East Coast
Aug 4 2020 // 08/05/2020 02:06 AM— Tropical Storm Isaias killed at least four people on Tuesday as it made its way up the U.S. Atlantic Coast, including two deaths at a North Carolina trailer park that was struck by a tornado spun off...
