All the headlines from our Flood Topic Page, ordered by recency.
Nov 2 2015 // Impact Forecasting, Aon Benfield’s catastrophe model development team, is launching new models for Malaysia and Jakarta flood to help insurers and reinsurers better underwrite and manage their exposures in Asia. The...
Nov 2 2015 // North Carolina Gov. Pat McCrory says flooding caused at least $31 million in damage in eight North Carolina counties where he’s now seeking a federal disaster declaration in hopes of getting help paying that...
Nov 2 2015 // The potential exposure home insurers in South Carolina face from the early October storm that flooded the state is estimated to be over $18 billion, according to catastrophe modeling firm CoreLogic.Richland County had the...
Oct 30 2015 // People who live around dozens of lakes in South Carolina are under emergency orders to repair or replace dams that ruptured or were deemed unsafe by inspectors after the historic rains this month, and they face staggering...
Oct 29 2015 // Many people who complained a federal insurance program shortchanged them after Superstorm Sandy swamped their homes are getting some validation three years later in the form of cash.A Federal Emergency Management Agency...
Oct 29 2015 // Commercial property/casualty insurance prices continued to decline moderately — an average of 3.1 percent— during the third quarter, according to a survey by The Council of Insurance Agents & Brokers.The CIAB...
Oct 26 2015 // Drenching storms that the remnants of Hurricane Patricia dragged into Texas finally cleared on Oct. 25 without leaving behind the death or devastation of torrential rain and floods that hit the state earlier in the...
Oct 26 2015 // New Jersey’s Congressional delegation members sent a letter to the Federal Emergency Management Agency (FEMA) on Oct. 23, expressing “significant concerns with the methodology” of the Flood Insurance Rate...
Oct 26 2015 // Elected officials from 18 states — representing some 95,000 miles of coastline — gathered in New Hampshire on Saturday, Oct. 24, for a bipartisan summit on coastal flooding.Some of those who attended the Rising...
Oct 26 2015 // Federal emergency officials are urging Californians to buy flood insurance – even those who don’t live near creeks or rivers – as El Nin᷈o conditions get underway in the Pacific Ocean, increasing chances for...
Oct 23 2015 // A storm system that blanketed one West Texas city with hail is moving east, leaving other parts of the state awash under fast-moving floods.Odessa Emergency Management says crews conducted about 30 swift-water rescues from...
Oct 22 2015 // Most Texas homeowners are unprotected when it comes to flood damage, a state insurance trade group says. Less than 25 percent of Texas homeowners carry flood insurance despite the risks of massive downpours that could...
Oct 20 2015 // A report from catastrophe modeling firm AIR Worldwide highlights “widespread flooding, landslides, wrecked roads and bridges, downed trees, and power outages” in the Philippines in the wake of Typhoon...
Oct 19 2015 // Commercial property insurance continues to be a buyer’s market with additional capacity still making its way into an already overcrowded space. In the current market it is important for the insureds to set goals...
Oct 19 2015 // A new study looking back over 1,000 years finds the flooding risk along the New York and New Jersey coasts increased greatly after industrialization, and major storms that once might have occurred every 500 years could...
Oct 19 2015 // Florida Insurance Commissioner Kevin McCarty has followed through on his promise to State Senator Jeff Brandes to investigate the National Flood Insurance Program’s rating practices of Floridians.In an Oct. 2 letter...
Oct 19 2015 // The claims filing and damage recovery process is underway in South Carolina after the mega-storm that hit the state Oct. 1 through Oct. 5 brought extensive damage statewide with some areas receiving more than two feet of...
Oct 18 2015 // Two weeks ago, South Carolina’s floods sent 6 feet of water into Walt Oliver’s home. Now, after volunteers helped gut the ruined plaster, carpeting, duct work and hardwood floors, it’s “down to...
Oct 16 2015 // Central Texas may currently be under drought conditions and suffering from elevated wildfire risk but merely months ago the situation was just the opposite. In May, the Austin and Central Texas areas were deluged with...
Oct 16 2015 // Pasco County, Florida officials have learned that flooding this past summer could end up costing the county more than $107 million in repairs.The Tampa Bay Times reports that the county’s Public Works Manager DiAnna...