August 27, 2019
When Hurricane Harvey’s devastating rains began overwhelming the Houston area, Donna and George Duggan didn’t immediately evacuate their Katy home. After all, the Duggans, both 62, had lived there for the better part of 20 years and the house had …
August 19, 2019
The river that drains much of the flood-soaked United States is still running far higher than normal, menacing New Orleans in multiple ways just as the hurricane season intensifies. For months now, a massive volume of water has been pushing …
August 19, 2019
After devastating flooding this year, Iowa put $15 million into a special fund to help local governments recover and guard against future floods. Missouri allotted more money to fight rising waters, including $2 million to help buy a moveable floodwall …
August 12, 2019
The fate of a Mississippi River levee that’s awaiting a decision on federal accreditation could put a southern Illinois village at risk of destructive flooding, the village president says. If the levee in Prairie du Rocher loses Federal Emergency Management …
July 2, 2019
Arkansas’ governor has ordered a review of the state’s levees and is asking lawmakers to approve $10 million for immediate repairs after historic flooding along the Arkansas River. Gov. Asa Hutchinson signed an executive order to create the Arkansas Levee …
June 28, 2019
JBA Risk Management and FloodFlash have formed a partnership to provide event-based flood insurance, which uses parametric triggers for property exposures. The product is an industry first and will provide bespoke insurance for policyholders in frequently flooded areas who have …
June 14, 2019
In a major research undertaking, a group of scientists and a technology nonprofit technology organization have set a mission to calculate the past, current and future flood risk of every property in America. While institutional real estate investors and insurers …
June 12, 2019
The National Association of Insurance Commissioners (NAIC) released an online quiz, “What the Flood!,” as part of its #YourRiskIsReal campaign, an ongoing effort to educate consumers about flood risks and the need to consider purchasing flood insurance. The short, interactive …
June 6, 2019
For the Parkers of Houston, Texas, there will be no summer vacation this year because they are still paying off the dent in their finances left by 2017’s Hurricane Harvey. The couple joins a growing list of people forced to …
June 4, 2019
Millennials — those born between 1981 and 1996— are nearly three times more likely to have purchased flood insurance than their older Baby Boomer counterparts born between 1944 and 1964, a new survey finds. Overall, less than half of Americans …