Floods News

Colorado Revising Flood Plain Rules

The staff of the Colorado Water Conservation Board is backing off a suggested flood plain rule that could have further limited where new hospitals, police stations and other critical facilities could be built. The board is updating rules adopted in …

Swiss Re is ‘Well Placed’ for Baden-Baden Renewal Discussions

Swiss Re has issued a bulletin noting that it is “well placed for the upcoming 2011 renewal negotiations with its European clients.” The talks, which begin this week in the German resort of Baden-Baden, bring together brokers and reinsurers (and …

Hurricane Richard Hits Belize; Could Reach Mexico’s Oil Fields

Hurricane Richard struck the tiny Central American nation of Belize Sunday, blowing roofs off houses and knocking out electricity as tourists and residents huddled in emergency shelters. Richard, which made landfall just south of Belize City, was expected to weaken …

Report Concludes Invasive Species, Climate Change, Form ‘Deadly Duo’

Climate change is set to drive the spread of invasive plant and animal species, threatening forests, fisheries and crops, in a double blow to nature and livelihoods, a World Bank-funded report said on Friday. The study by Nairobi-based Global Invasive …

Kansas DOI Estimates $220M in Storm Losses as of Aug. 31

Estimated 2010 storm losses in Kansas climbed to $220 million as of the end of August, according to the Kansas Department of Insurance. There were approximately 59,400 storm claims filed during that period. The highest number of claims so far …

Southern China Braces for Super Typhoon Megi

Residents scrambled to stockpile food and authorities ordered ships to remain docked as southern China geared up Wednesday for a super typhoon after it killed 15 people and wiped out crops in the northern Philippines. Super Typhoon Megi lost power …

U.N. Urged to Freeze Climate Change ‘Geo-engineering’ Projects

The United Nations should impose a moratorium on “geo-engineering” projects such as artificial volcanoes and vast cloud-seeding schemes to fight climate change, green groups say, fearing they could harm nature and mankind. The risks were too great because the impacts …

Flood Grants Available for Cedar Rapids Businesses

Businesses affected by the historic flooding during 2008 now have access to more grant money to pay for inventory and equipment losses. The Cedar Rapids Area Chamber of Commerce said that the state of Iowa has raised the cap for …

California Commissioner Hopeful: Assemblyman Dave Jones

On November 2, Californians will select a new insurance commissioner, charged with regulating the fourth-largest insurance market in the world at about $160 billion. Assemblyman and Democrat Dave Jones recently shared why he has the experience to tackle such topics …

Home, Flood Insurance Markets Still Troubled 5 Years After Katrina

Five years after Hurricane Katrina devastated the Gulf Coast, neither the federal government nor the private sector is any closer to developing effective solutions to the problems facing flood and windstorm insurance, according to a new study from the RAND …