Latest Flood Headlines

All the headlines from our Flood Topic Page, ordered by recency.

Overvalued Homes and Flood Risk

Mar 6 2023 // The increasing cost of flooding due to climate change has led to growing concerns that housing markets are mispricing these risks, thus causing a real estate bubble to develop, according to a study published recently in...

Proposed NC Rule Would Require More Flood History Disclosure on Homes for Sale

Feb 23 2023 // North Carolina home buyers may soon have access to more information about a property’s flooding history, a rule that could potentially help insurance agents sell more flood insurance and other types of coverage.The...

New Mexico Law Signed to Help Wildfire, Flooding Recovery

Feb 22 2023 // New Mexico Gov. Michelle Lujan Grisham signed to use zero-interest loans to help local governments in the arid, Southwest state repair or replace public infrastructure damaged by wildfires or subsequent flooding.The law...

New Zealand Braces for Cyclone Gabrielle, Just Days After Devastating Floods

Feb 10 2023 // Residents of Auckland, New Zealand’s largest city, are being asked to prepare for further bad weather as a system described as potentially “the most serious storm to impact New Zealand this century” is...

New Zealand Provides NZ$700,000 in Additional Funding for Post-Flood Rebuilding

Feb 2 2023 // New Zealand’s government on Thursday announced NZ$700,000 ($450,000) in additional funding to help rebuild flood-ravaged Auckland and other areas in the upper north island as residents of the country’s...

New Zealand Braces for More Flooding From Another Rain Deluge

Jan 31 2023 // Auckland is bracing for another rain deluge later Tuesday that threatens more surface flooding and land slips on ground already sodden after a record downpour.New Zealand’s MetService is forecasting that a new...

Insurers Hit With Thousands of Claims Following Storms and Floods in New Zealand

Jan 30 2023 // Major insurers operating in New Zealand including Insurance Australia Group and Suncorp Group have cumulatively received over 9,000 claims so far following severe storms and flooding in and around the biggest city,...

Climate Tech Startup Aims to Narrow Insurance Protection Gap for Flood Risks

Jan 26 2023 // Flooding is the most common weather hazard globally and 83% of the damage it causes isn’t covered by insurance. A startup technology company on Thursday launched a new global flood-risk data service that its founders...

Kentucky Officials Secure 2nd High-Ground Site for Flood Victim Relocation

Jan 26 2023 // State officials have secured another eastern Kentucky site with higher ground to build new homes for flooding victims.The 50-acre site is just a few miles from downtown Hazard, and the first-phase plan includes 150 new...

Moody’s RMS Estimates $5B-7B in Economic Losses from California Flooding

Jan 25 2023 // Moody’s RMS estimates total economic losses from the recent California flooding at between $5 billion and $7 billion, and insured losses are anticipated to be between $500 million and $1.5 billion, including losses...

Davenport, Iowa Flood Mitigation Projects Set to Start This Year

Jan 24 2023 // DAVENPORT, Iowa (AP) – In late 2023, residents and business owners will see some of the first projects of Davenport’s flood mitigation plan under construction.The first phase of Davenport’s $165 million plan...

Few Homeowners Have Flood Insurance in Soaked California

Jan 23 2023 // On Sunday morning, Kyle Starks woke up to floodwaters that reached the door of his Jeep after yet another heavy rain storm drenched California. Emergency crews showed up with boats to float Starks and other residents of...

People Stranded at Arizona Park Due to Heavy Flooding Headed out

Jan 20 2023 // Some 300 campers stranded at a park near Tucson due to flooding from recent rain storms were headed back to dry land.Rangers at Catalina State Park were helping campers walk across the receding wash at the park’s...

AM Best: Historic California Flooding Highlights Need for Robust Private Flood Market

Jan 17 2023 // Private flood insurance accounts for over 40% of California’s entire flood market—a significantly larger share than in the other leading states, according to AM Best.A new AM Best commentary notes the ongoing...

Hurricanes and Floods Bring $120B in 2022 Insurance Losses: Munich Re

Jan 10 2023 // Hurricane Ian in the United States and floods and Australia helped to make 2022 one of the costliest years on record for natural disasters, Munich Re said on Tuesday, warning that climate change was making storms more...

Fire Floods Wisconsin Dairy Plant With Butter

Jan 9 2023 // MADISON, Wis. (AP) – The state Department of Natural Resource is helping local government workers clean up after a fire flooded a dairy plant with butter.The fire broke out in a butter storage room at the Associated Milk...

California Commissioner Alert Notes Coverage for Floods and Mudslides Caused by Wildfires

Jan 5 2023 // California Insurance Commissioner Ricardo Lara on Wednesday issued a formal notice to insurance companies reminding them of their legal duty to cover damage from any future mudslide or similar disaster that is caused by...

Federal Aid for Flood Damage going to Northern Arizona Tribe

Jan 3 2023 // President Joe Biden has approved a disaster declaration made by the Havasupai Tribe in northern Arizona, freeing up funds for flood damage as it prepares to re-open for tourists after nearly three years.The Federal...

Deaths, Flooding as Storm Hit Oregon And Washington State

Jan 3 2023 // A winter storm that brought powerful wind gusts to Oregon on last week was found to have caused at least two fatal car accidents that left four people dead, preliminary police investigations have found. Weather conditions...

Pennsylvania Helps Buffalo Clear Snow; State Acts on Insurance, Banks, Flood Risk

Dec 29 2022 // Like a good neighbor, the state of Pennsylvania is sending equipment and personnel to help neighboring Buffalo, New York, dig out from the recent deadly winter storm that dumped more than four feet of snow in the region...