All the headlines from our Flood Topic Page, ordered by recency.
Sep 7 2017 // Amanda Spartz nearly did not renew her home’s flood insurance policy after her first year in Florida. Two hurricanes came close to the Fort Lauderdale suburbs last year, but they didn’t hit and her home...
Sep 6 2017 // Hurricane Irma could test a nascent private flood insurance market in Florida that some advocates say is a model for making U.S. flood coverage more affordable and commonplace in high-risk areas.Florida’s private...
Sep 5 2017 // Losses anticipated from Hurricane Harvey are unlikely to exceed the top reinsurance limits of insurers writing business in Texas, according to new Best’s Special Report, titled, “Texas Insurers Expected to...
Sep 5 2017 // The federal flood insurance program is on a course to continue falling deeper in debt, even when there is no catastrophic storm like Katrina or Harvey.The National Flood Insurance Program (NFIP) is currently on a path that...
Sep 5 2017 // Harvey spread its misery across the Deep South as flooded creeks drove people from their homes in Tennessee and Kentucky and an apparent tornado damaged homes and toppled trees in a rural area of northwest Alabama.More...
Sep 4 2017 // Harvey has moved on from the U.S. Gulf Coast, leaving behind a toxic stew of human sewage, dead cattle, leaking chemical plants, spilled gasoline storage tanks and abandoned pickup trucks.The cleanup will take patience,...
Sep 4 2017 // Flood losses from Hurricane Harvey, which made landfall as a Category 4 storm late on Aug. 25 near Rockport, Texas, are expected to vastly outnumber those from wind but that doesn’t mean property losses will be...
Sep 4 2017 // Flood damage in Texas from Hurricane Harvey may equal that from 2005’s Hurricane Katrina, the costliest natural disaster in U.S. history, according to an insurance research group.As heavy rain pounded Houston and...
Sep 4 2017 // The wholesale, specialty and surplus lines market is healthy and stable with a bright future.Proof of this can be found in recent quantitative analysis like A.M. Best’s 2017 Special Report on U.S. Surplus Lines, as...
Sep 1 2017 // The most devastating floods to hit South Asia in a decade have killed more than 1,400 people and focused attention on the poor planning and lack of preparedness for annual monsoon rains, as authorities struggle to get aid...
Sep 1 2017 // An unprecedented amount of rain has fallen on the Houston area due to Hurricane Harvey, causing what’s likely the worst flooding event that the nation’s sixth-largest metropolitan area has ever experienced —...
Sep 1 2017 // In its devastatingly slow crawl up the industrial Gulf Coast, Hurricane Harvey is proving to be the biggest test yet of the safety and vulnerabilities of the U.S. chemicals industry.A Houston-area chemical plant was hit by...
Sep 1 2017 // A Tennessee city will revisit flood protection plans following flooding in Texas from Tropical Storm Harvey, which came ashore last week as a hurricane. WPLN-FM reports the Nashville Metro Council will meet next month to...
Aug 31 2017 // Two toddlers were among 14 people killed in Mumbai after floods caused by heavy monsoon rains destroyed homes and disrupted traffic in India’s financial capital, police said, but lighter-than-feared rain on Wednesday...
Aug 31 2017 // Hurricane Harvey’s costs to the victims in its path, to U.S. taxpayers, to insurers and to the economy were still being calculated on Wednesday, with few firm estimates available yet.Texas could need more than $125...
Aug 31 2017 // Jerry Garcia’s home in Corpus Christi missed the worst of Hurricane Harvey by just a few miles and lost nothing more than some shingles and his backyard pier, which turned up further down Oso Bay. A 5-foot bulkhead...
Aug 30 2017 // The government-run U.S. flood insurance program had already received 35,000 claims as of noon on Wednesday as a result of catastrophic flooding in Texas, according to the program’s director. “This is a very...
Aug 30 2017 // Tropical Storm Harvey bore down on Louisiana on Wednesday, pouring down more water after setting rainfall records in Texas that caused catastrophic flooding and paralyzed the U.S. energy hub of Houston.The storm that first...
Aug 30 2017 // My heart goes out to the people who have borne the brunt of Hurricane Harvey and still face continued flooding and a long recovery. As a nation, we need to be better prepared for such catastrophic floods so as to mitigate...
Aug 29 2017 // Hurricane Harvey’s whipsaw of wind and rain across Houston and the Texas Gulf Coast hurt the shares of U.S. property and casualty insurers on Monday as Wall Street analysts estimated insured losses as high as $20...