Floods News

PuroClean to Open New Property Restoration Training Facility

Florida-based PuroClean, which specializes in property emergency restoration services, announced plans to open a new Applied Structural Drying (ASD) Demonstration Facility. The company said the facility is only the 17th training center of its kind in the world. The training …

Year-End Storms Cloud P/C Insurers’ Profit Picture

U.S. property insurers like Travelers Cos. Inc. and Chubb Corp. were expecting a relatively mild fourth quarter for catastrophe losses, but a series of punishing storms across the country in December may have blown away those estimates. That could add …

Relief Flights Reach Flood Stricken Australian City as Waters Rise

Military flights rushed Monday to restock an Australian city before it is cut off by floodwaters that have turned a huge swath of the Outback into a lake, while police confirmed two more deaths in the crisis. Drenching rain that …

How to Fix Nation’s Flood Insurance Program

The Federal Emergency Management Agency (FEMA) is seeking a top-to-bottom review of the efforts to reform the nation’s flood insurance program. The National Association of Mutual Insurance Companies (NAMIC) has offered a set of reform proposals designed to improve the …

U.S. Analyst: China May Be ‘Likely Bright Spot’ in Asia Climate Action

The outcome of U.N. climate talks in Mexico this month should boost steps in Asia to curb greenhouse gas emissions, with China a likely bright spot in 2011, a senior analyst at a leading U.S. think tank said. The talks …

Test Your 2010 Insurance News IQ: 25 Questions

Are you an insurance news hound? Test your insurance news IQ and find out. The following questions and answers (at bottom of the page– don’t cheat!) were developed based on news stories published by InsuranceJournal.com in 2010. Good luck! 1. …

Oahu Property Owners Urged to Buy Flood Insurance

Emergency management officials are urging Oahu property owners to buy flood insurance at current rates before new flood maps — and resulting higher prices — kick in next month. The Federal Emergency Management Agency says new National Flood Insurance Program …

How to Fix Nation’s Flood Insurance Program

The Federal Emergency Management Agency (FEMA) is seeking a top-to-bottom review of the efforts to reform the nation’s flood insurance program. The National Association of Mutual Insurance Companies (NAMIC) has offered a set of reform proposals designed to improve the …

Rising Rivers Prompt Evacuations of Australian Towns

The military flew out a town’s entire population of 300 people by helicopter Wednesday in eastern Australia where waters continued to rise after days of drenching rain. A total of 1,000 people were evacuated from the town of Theodore and …

Heavy Rains, Floods Disrupt Australia Coal Mining, Port, Freight Operations

Heavy rains and flooding in Australia’s key coal-producing Queensland state have impacted mining operations and brought parts of the coal infrastructure, including rail and ports, to a standstill, operators said on Wednesday. Dalrymple Bay Coal terminal and Gladstone Ports, two …