The Federal Reserve Board has fined Regions Bank, based in Birmingham, Alabama, almost $3 million for failing to ensure that borrowers maintained flood insurance on their properties. The board did not detail the violations, but a consent order signed this …
Local and federal officials have agreed to a plan to study new ways to protect much of Miami from rising seas and storm surge in the decades ahead, measures that could include dune reinforcements, extensive mangroves and barrier gates at …
While the National Flood Insurance Program (NFIP) rolls out a new rating program generating premium increases for many policyholders, the private flood insurance market has seized the opportunity to grow its market share across the U.S., according to an issues …
Flooding in northwest Tennessee and western Kentucky has shut down roads and prompted some home evacuations. Several inches of rain fell over 24 hours in the region along the Mississippi River, causing flash flooding. Residents in the Green Acres mobile …
A beloved bookstore in Vermont`s small capital city moved across the street to a new spot farther from the Winooski River after an ice jam sent river water into the store in 1992. A nearby office supply and gift store …
Many of the lowest-lying coastal areas of the Southeastern United States, including some heavily populated parts of Florida, will be subject to increased annual flooding in less than 30 years, according to scenarios mapped by a climate research organization. Under …
Parts of Kentucky cannot seem to catch a break from extreme weather events. Some 18 months after a powerful tornado ripped up much of downtown Mayfield, in southwestern Kentucky, heavily damaging businesses, homes, churches and a few insurance agencies, the …
U.S. population growth in hurricane-prone states, coupled with the increasingly heavy rainfall which accompany these storms, has generated costlier insurance claim payouts for wind and flood-caused property damage, according to the Insurance Information Institute. “While wind speeds and storm surge …
Extreme rainfall flooded roads and property in east-central Mississippi Thursday, leading authorities to rescue three people from vehicles and homes. Water pushed a car into a ditch, and the driver escaped before the car submerged, local public media and the …
Republicans in the state legislature on Monday began efforts to override Democratic Gov. Roy Cooper’s veto of the General Assembly’s annual farm bill, with the Senate successfully voting to enact the legislation despite his objections about how it would treat …
