Flood Insurance News

Report: Counties with Levees Are Among the Nation’s Most Economically Sound

Flooding Costs Are Outweighed by Regional Economic Benefits There are hundreds of levees around the United States that protect vulnerable areas and tens of millions of people from potentially devastating floods each year. Yet hardly anyone gives them a second …

Levees Protect Some of Nation’s Key Economic Areas

Flooding Control Costs Are Outweighed by Regional Economic Benefits, Study Finds There are hundreds of levees across the U.S. — from Miami to Los Angeles and Detroit to New Orleans- that protect vulnerable areas and tens of millions of people …

Report: Counties with Levees Are Among the Nation’s Most Economically Sound

Flooding Costs Are Outweighed by Regional Economic Benefits Hundreds of levees around the United States protect vulnerable areas and tens of millions of people from potentially devastating floods each year. Yet hardly anyone gives them a second thought until one …

California Still On Alert for Flooding, Potential Mudslides

Parts of California continue to face flood watch and flood warnings, after a fifth day of storms, according to the National Weather Service. In Southern Califiornia, more than 1,000 homes were already under evacuation orders on Thursday, as residents braved …

Texas, Louisiana Homeowners Insurance Pricey; Florida Most Expensive

Louisiana remains the third most expensive homeowners insurance market in the nation behind Florida and Texas, according to newly released data from the National Association of Insurance Commissioners. The average premium in Louisiana for a standard homeowners policy in 2007, …

Sen. Durbin: FEMA Delaying Flood Insurance Maps in Illinois

Property owners in three southwestern Illinois counties who worry they’ll have to get sharply higher flood insurance once new Mississippi River flood maps are drawn are getting a bit of a reprieve. Sen. Richard Durbin of Illinois says the Federal …

Louisiana Homeowners Insurance Pricey; Texas, Florida More Expensive

Louisiana remains the third most expensive homeowners insurance market in the nation behind Florida and Texas, according to newly released data from the National Association of Insurance Commissioners. The average premium in Louisiana for a standard homeowners policy in 2007, …

Flood Insurance Getting Cheaper in Lincoln, Nebraska

City officials in Lincoln, Neb., say an upgrade in Lincoln’s rating will save property owners more money on their flood insurance. A news release from the office of Mayor Chris Beutler says the city rating went from class 7 up …

Report Says Seattle Dam Threatens $30 Billion Worth of Property

Flooding beneath the damaged Howard Hanson Dam in Washington State could cause $30 billion, according to a new report from a Texas firm, First American Spatial Solutions. State estimates about the value of property that might be damaged in a …

National Flood Insurance Program to Expire Dec. 18

Time is running out once again for the National Flood Insurance Program, which is set to expire on Dec. 18. Congress passed a short-term extension in September that moved the expiration deadline for NFIP to Dec. 18, 2009. But if …