Latest Flood Headlines
All the headlines from our Flood Topic Page, ordered by recency.
Altman Says Private Market Flood Insurance Has Grown in Pennsylvania
Feb 27 2019 // Pennsylvania Insurance Commissioner Jessica Altman said the number of private market flood insurance policies in Pennsylvania jumped 72 percent from February 2018, as she continued urging homeowners, business owners and...
Insurer Group Warns on Property Losses Due to Climate Change
Feb 27 2019 // Insurers are increasingly worried that rising temperatures will lead to a slump in property values that could spark broader financial turmoil. Those were the conclusions a group run out of the University of Cambridge...
Tornado Kills 1 in Mississippi; Flooding Threatens Southeast
Feb 26 2019 // Weekend storms raked parts of the Southeast, leaving deaths and injuries in their wake as a tornado smashed into a commercial district in a small Mississippi city and drenching rains fed a rising flood threat. A woman was...
Texas’ Harris County to Get $320K Federal Grant for Flood Tunnel Study
Feb 25 2019 // The county home to Houston is in line to receive a $320,000 federal grant to evaluate a flood protection strategy that involves building deep underground tunnels to move stormwater to the city’s ship channel. The...
Several Days of Heavy Rains Soak Southeast, Cause Flooding, Road Closures
Feb 25 2019 // Homes, highways, parks and bridges throughout the South were flooded or put out of commission Saturday, as the toll of days of drenching rains swelled waterways and pooled over saturated lands amid a threat of severe...
Heavy Rains Cause Flash Flooding, Mudslide in Deep South
Feb 22 2019 // Parts of the Deep South are experiencing flash flooding and other problems from heavy rains. Floodwaters covered roads on Wednesday in parts of eastern Mississippi and northern Alabama. In northwest Georgia, a mudslide was...
Insurtechs Neptune, Hippo Unite Home, Flood Insurance Online for Speedy Purchasing
Feb 21 2019 // Flood insurance company Neptune Flood has partnered with online Hippo Insurance to provide consumers with quick access to flood insurance as part of purchasing of home insurance. Hippo promises quick processing and...
Louisiana Flood Victims Still Waiting for Federal Recovery Grants
Feb 20 2019 // The month-long partial federal government shutdown likely further delayed aid grants to homeowners still trying to recover from the 2016 flooding, Louisiana’s top disaster recovery official said. As many as 6,000...
JBA Broadens Access to Sri Lanka Flood Model to Help Bridge Protection Gap
Feb 19 2019 // JBA Risk Management has released its Sri Lanka Flood Model onto Simplitium’s ModEx platform. The initiative is specifically aimed at broadening accessibility to the Sri Lanka model for both the insurance and wider...
Mudslides Carry Away Homes, Water Rescues Needed in California Storm
Feb 15 2019 // Motorists swam for their lives and residents were rescued from homes sliding downhill as the wettest winter storm of the year triggered floods and mudslides across California on Thursday. In Sausalito, just across the...
Mississippi Sues Federal Government Over River Flooding
Feb 14 2019 // The state of Mississippi on Monday sued the federal government, claiming a dam complex in Louisiana that keeps the Mississippi River from changing course is harming state land. The suit seeks at least $25 million in...
Virginia Honors Independent Agents for Efforts to Fill Flood Insurance Gaps
Feb 12 2019 // The Virginia House of Delegates passed a joint resolution that would designate the first full week in March each year as Trusted Choice Independent Insurance Agents Week beginning in 2019. HJ 703, introduced by Del. Buddy...
January’s U.S. Storms, Australia Floods Bring Economic Damages Near $2B: Aon
Feb 11 2019 // Multiple winter storms and extreme cold led to 45 deaths and cost the U.S. economy $1 billion during January, according to Aon’s Global Catastrophe Recap – January 2019. The report listed the winter storm events in...
Tennessee Flooding Breaks February Record, Kills 1
Feb 11 2019 // One person was killed and others needed to be rescued in Tennessee as pounding rains caused flooding last week. The Cheatham County Sheriff’s Office posted on Facebook on Feb. 6 that one person was swept away and...
The United States Saw 11 Natural Disaster Events That Exceeded $1 Billion in Damage During 2018
Feb 6 2019 // This post is part of a series sponsored by CoreLogic. When it comes to natural disasters, 2018 was an eventful year worldwide. Typhoons devastated the Philippines, Hong Kong, Japan and Oman. Earthquakes caused mass...
Insurance Council of Australia Declares Catastrophe for Queensland Floods
Feb 4 2019 // The Insurance Council of Australia (ICA) declared a catastrophe for insurance policyholders who have been affected by torrential rain and flooding in the northeastern Australian state of Queensland. “The Queensland...
Australia Sweltered in January Through Hottest Month on Record
Feb 4 2019 // Australia sweltered through its hottest month on record in January and the summer of extremes continued with wildfires razing the drought-parched south and flooding in expanses of the tropical north. Australia’s...
Reaching the Moonshot Goal in Flood Insurance Coverage
Feb 4 2019 // The private flood insurance industry made significant strides to insure more households against the peril of flood in 2018. Factor in recent major flood events and an ever-changing regulatory landscape, and the role of...
Declarations
Feb 4 2019 // Nevada Seatbelts “Whether folks want to or not, it’s currently a secondary law in Nevada.” — Nevada Department of Public Safety spokesman Andrew Bennett believes seatbelts should be a primary law in...
FEMA Renews $1.3 Billion Reinsurance Program with 28 Carriers
Jan 31 2019 // The Federal Emergency Management Agency (FEMA) has renewed for the third year a reinsurance program that transfers future catastrophic flood insurance losses to the private sector The 2019 traditional reinsurance placement...
