Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
Australian Insurers Declare Catastrophe for Losses from East Coast Flooding
Feb 10 2020 // The Insurance Council of Australia (ICA) has declared a catastrophe for property losses caused by storms and flooding along the east coast since February 5. Insurers said they have received 10,000 claims with the value of...
20 Noteworthy Agency Merger Stories of 2019
Feb 10 2020 // 1. January Nationwide Acquires Liability Insurance Program Manager E-Risk Services: Nationwide acquired a New Jersey privately held program manager specializing in management liability lines. Nationwide said E-Risk will...
Winter Storm in Deep South Brings Snow, Floods, 1 Death
Feb 7 2020 // A powerful winter storm raked across the Deep South early Thursday, with high winds and flooding causing damage that killed one person, injured several others and littered at least 10 states. Rescue crews repeatedly pulled...
Report: Florida Will See Noticeable Climate Change Impacts in 20 Years
Feb 6 2020 // When scientists talk about climate change effects like sea level rise and extreme temperatures, they’re typically referring to things predicted to start noticeably occurring as soon as, say 2050, or into the next...
Wisconsin Governor Declares State of Emergency After Flooding, Storms
Feb 5 2020 // Gov. Tony Evers has declared a state of emergency in southeastern Wisconsin in the wake of severe winter storms that struck the region. The governor issued an executive order declaring an emergency in Milwaukee, Racine and...
Nebraska to Get $109M in Federal Flood Relief Funds
Feb 3 2020 // The U.S. Department of Housing and Urban Development has allocated nearly $109 million in federal funds in the aftermath of last year’s devastating historic floods, a news release from the agency said. The Community...
FEMA Grants $131M to Flooded Schools in West Virginia
Feb 3 2020 // Gov. Jim Justice’s office announced on Friday that West Virginia will receive more than $131 million (118 million euros) to replace schools in Nicholas County that were destroyed by flooding in 2016. The money comes...
North Dakota Officials Promoting Flood Insurance in Red River Valley
Jan 29 2020 // Officials in North Dakota say it’s time for property owners in flood-prone areas of the Red River Valley to think about buying flood insurance. The push comes as early signs suggest a heightened risk of flooding this...
Iowa Town to Buy more Homes in Flood Plain
Jan 28 2020 // The city of Bettendorf, Iowa, has been awarded a $2.2 million federal grant that, coupled with state and city contributions, will make $2.95 million available to buy out up to 22 homeowners in the flood plain along Duck...
SLTX: Surplus Lines Flood Insurance Premium Up in Texas over 5 Years
Jan 24 2020 // Surplus lines flood insurance premium filed with the Surplus Lines Stamping Office of Texas (SLTX) has increased annually over the past five years, according to SLTX. Additionally, while NFIP premium dipped in 2017, it...
Reports: Florida Real Estate Could Lose $80B in Value from Sea Rise
Jan 23 2020 // Flooding due to climate change-related sea level rising, the erosion of natural barriers and long-periods of rain pose substantial economic risks to Florida, particularly to the value of South Florida real estate,...
Natural Disasters in Past Decade Broke Records for Economic, Insured Losses: Aon
Jan 22 2020 // The past decade broke new records in terms of economic damages and insured losses, according to Aon’s latest catastrophe report. The costs to global economies reached US$2.98 trillion between 2010 and 2019, which was...
Japan Firms Have Done Little to Build Resilience Against Increasing Floods: Reuters Poll
Jan 17 2020 // Japanese companies have contingency plans for the floods that increasingly drench this island nation, but most have done little to fortify facilities, relying instead on insurance and securing alternative supply sources, a...
2019 Floods Brought Financial Woes to South Dakota Townships
Jan 17 2020 // Townships in South Dakota are facing economic difficulties as 2019 flood repair costs mount. Townships primarily depend on their taxpayers for funds to repair more than 31,000 miles (50,000 kilometers) of roads while they...
U.K. P&C Insurers Face Strong Competition, Claims Inflation: AM Best Report
Jan 16 2020 // Market conditions for U.K. non-life insurers were difficult in 2019 as they continued to face strong competition and claims inflation, according to a report published by AM Best. Companies have had to contend with changes...
West Virginia to Receive $866K Grant for Flood Recovery
Jan 15 2020 // The U.S. Labor Department awarded $866,675 for flood recovery in West Virginia, the state’s U.S. senators announced. The funding is through the Disaster Recovery National Dislocated Worker Grant Program. Flooding in...
Nonprofit Opening Flood Risk Model to Researchers and Public
Jan 14 2020 // A nonprofit flood risk research organization is offering the first publicly available flood risk model that predicts the probability of flooding for homes and properties across the United States. Brooklyn, N.Y.-based First...
Oklahoma Bill Would Create Entity Focused on Natural Disaster, Hazard Mitigation
Jan 13 2020 // Legislation filed in Oklahoma would establish an organizational framework for addressing mitigation of natural disasters in that state. House Bill 2776, The Oklahoma Hazard Mitigation Assessment District Act, provides the...
11 Dead After Storms Sweep Southern U.S., Midwest
Jan 13 2020 // Severe storms sweeping across southern portions of the U.S. and up into the Midwest were blamed Saturday in the deaths of at least 11 people, including two first responders, as high winds, tornadoes and unrelenting rain...
New York Governor Lays out Aggressive Climate Change Plan
Jan 9 2020 // New York Gov. Andrew Cuomo is proposing an aggressive climate change-fighting campaign for his state that includes a $3-billion bond act that would be put on the ballot this November. Cuomo, who says that money would go to...
