The Willis Research Network (WRN) has formed a new partnership with “Cloud to Street,” a global flood-mapping and monitoring platform that aims to help governments, humanitarian organizations and private sector actors increase resilience to catastrophic flooding. The partnership will leverage …
With flood concerns already high in the Midwest, the U.S. Army Corps of Engineers is warning that many levees on the Missouri and Kansas rivers that were damaged during devastating floods last spring remain vulnerable to high water. The National …
While leaders in Fargo and Moorhead, Minnesota, have been taking steps to limit the coronavirus, it appears they won’t have to deal with a significant flood on top of the pandemic. Fargo Mayor Tim Mahoney tells KFGO radio that a …
Neptune Flood Inc., an all-digital, online flood insurance company, has opened for business in Arkansas and Illinois. Households in these states now have access to Neptune’s simple flood insurance solution. Neptune also announced that it has entered Idaho and that …
Madison, Wisconsin-based Rural Mutual Insurance Co. is now offering water damage protection, through its limited water endorsement. The company said this new endorsement will be added to new and renewal homeowner policies, if they qualify. According to Rural Mutual, its …
Canada plans to focus its next budget on tackling climate change and its effects but the insurance industry, amid skyrocketing costs, is concerned the government will move too slowly on the key first step of mapping flood risks. Flood mapping …
Nebraska lawmakers have sent a nearly unanimous message to federal officials who control the flow of the Missouri River: focus on preventing floods above all else. Lawmakers voted 43-1 on a resolution calling on Congress and the U.S. Army Corps …
Following Hurricane Harvey in late August 2017, the Federal Emergency Management Agency issued three-year group flood insurance policies (GFIPs) to nearly 7,000 households in Texas that were impacted by the storm. FEMA says those policyholders need to plan now for …
Losses from storms Ciara and Dennis, which brought strong winds, torrential rain and widespread flooding to the UK, will increase pressure on UK household insurers’ profits in 2020, said Fitch Ratings. While the claims are unlikely to exceed £500 million …
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 spring. The Red …
