The Florida Hurricane Catastrophe Fund needs $710 million to continue to pay claims still coming in from 2005’s Hurricane Wilma but it is going to have to wait to assess policyholders to get those funds. The Florida Cabinet yesterday indicated …
Arguments began April 20 in a lawsuit filed by New Orleans residents and a business who claim the Army Corps of Engineers owes them damages because of the massive flooding after Hurricane Katrina that stirred up the waters and washed …
The Cedar Rapids, Iowa, City Council has voted to buy $25 million of flood insurance. The coverage, through the National Flood Insurance Program, would pay to clean up any buildings damaged by last summer’s flood if they flood again this …
