Floods News

FEMA Is Ready for Hurricane and Wildfire Seasons, but Money a Concern

The head of the Homeland Security Department said Friday that the agency tasked with responding to disasters across the country is prepared as it goes into what is expected to be an intense hurricane and wildfire season but he’s concerned …

Europe Braces for Heat Following Greek Fires and Swiss Floods

European capitals are bracing for heat wave conditions, following wildfires in Greece and flooding in Switzerland over the weekend. High pressure over southern Scandinavian will bring the highest temperatures this year to the UK, with London and parts of the …

Southern Germany Floods to Cost Insurers $2.6 Billion-$3.9 Billion: Verisk

Estimated insured losses from flooding, which hit Southern Germany on May 15-June 5, will range from €2.4 billion (US$2.6 billion) to €3.6 billion (US$3.9 billion), according to Verisk, the data analytics and technology firm. Moody’s RMS recently estimated insured losses …

The Era of Super-Wild Weather Is Already Here

Wildfires in Canada that burned continuously for over a year. Floods that brought Dubai to a standstill. Deadly heat blanketing the streets of New Delhi. The first half of 2024 has laid bare the catastrophic extremes that now characterize the …

Insured Flood Losses in Germany Could Range From US$2.1B to US$3.2B: Moody’s RMS

Insured losses from floods that hit Central Europe between Thursday, May 30 and Monday, June 3 will likely fall within the range of €2 billion to €3 billion (US$2.1 billion to US$3.2 billion), according to Moody’s RMS Event Response. The …

Climate Change Made Deadly Brazil Floods Twice As Likely, Study Finds

Greenhouse gases produced by human activity made the recent deadly flooding in Brazil twice as likely as it would have been in the preindustrial era, according to a rapid analysis of the event by World Weather Attribution (WWA), an international …

Insurers Expect Major Loss Event From Floods in Southern Germany

Insurers are preparing for an above-average loss event as a result of floods in southern Germany. “The pictures from Bavaria and Baden-Württemberg foreshadow the worst. Our companies are already receiving many claims reports,” according to Jörg Asmussen, managing director of …

Scholz to Visit Southern German Region Battling Severe Flooding

Southern Germany continues to battle flooding from heavy rainfall that’s disrupted transportation and pushed emergency services to their limits. Chancellor Olaf Scholz, who plans to visit some of the affected regions on Monday, said recent instances of extreme weather highlight …

Brazil Braces for More Rain as Historic Flood Damages Mount

The south of Brazil is preparing for the arrival of new rains and colder temperatures that threaten to deepen a crisis created by the historic floods that have deluged the region. As much as 300 millimeters (11.8 inches) of rain …

Markets/Coverages: FloodFlash Launches New Parametric Auto Dealer Program

FloodFlash has added a dealer program in its efforts to support more U.S. businesses ahead of a hurricane season that is widely anticipated to be amongst the worst in recent memory. Stored on large, flat areas of often impermeable land, …