All the headlines from our Flood Topic Page, ordered by recency.
Nov 4 2013 // Insuring habitational risks has generated more than its fair share of errors and omissions (E&O) claims. While there are a host of issues, consider these specific ones: valuation, ordinance or law coverage and...
Nov 1 2013 // Karen Clark & Company (KCC), independent experts in catastrophe risk, catastrophe models and catastrophe risk management, issued a report in conjunction with the one-year anniversary of Superstorm Sandy. One of the...
Nov 1 2013 // Central Texas is mopping up after strong storms dumped more than a foot of rain in some areas and many homeowners likely will be hoping they have flood insurance in place to cover the damage.The National Weather Service...
Oct 31 2013 // A flash flood watch remains in effect for Central Texas counties today after torrential rains – up to 14 inches reported in some areas – flooded hundreds of homes overnight.Especially hard hit were southern...
Oct 31 2013 // New information shows sediment buildup in the White River is increasing the flood danger faced by the city of Pacific, Wash.The King County Flood Control District, in cooperation with Pacific and the U.S. Army Corps of...
Oct 30 2013 // A new survey of New Jersey residents who have been displaced from their homes because of Superstorm Sandy shows many of them are not happy with their insurers.The Monmouth University Polling Institute in West Long Branch,...
Oct 29 2013 // One year ago, Superstorm Sandy struck a dozen states in the Northeast and became the third costliest storm in U.S. history, after hurricanes Katrina and Andrew, according to the Insurance Information Institute...
Oct 28 2013 // Some New York City residents may soon face sharp increases in their flood insurance premiums as a result of major changes occurring in the National Flood Insurance Program and the redrawing of flood maps that expand the...
Oct 28 2013 // The prospect of a delay in flood insurance reforms that are raising premiums for many homeowners is being met with pushback from business, taxpayer and insurance groups.Rep. Maxine Waters, D-Calif., ranking member of the...
Oct 28 2013 // It was the moment a run-of-the-mill hurricane mutated into a monster named Sandy.Paradoxically, it was the same time Sandy lost much of its wind power, dropping from a hurricane to a tropical storm. It was a Friday night...
Oct 28 2013 // Key House and Senate members have reached a bipartisan deal to delay changes to the federal flood insurance program that are raising premiums for many homeowners. The bill would require regulators to address affordability...
Oct 28 2013 // Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, announced that it is “helping insurers and reinsurers prepare for current and future U.S. hurricane seasons with its...
Oct 25 2013 // Two U.S. senators representing New York State, Sen. Charles Schumer and Sen. Kirsten Gillibrand, this week called on Federal Emergency Management Agency (FEMA) to extend the statute of limitations for Sandy victims seeking...
Oct 25 2013 // The forces of nature had been threatening the Oakwood Beach neighborhood in Staten Island, New York City, for years, flooding the streets every time it rained, sending crabs skittering into bungalows and swamping basements...
Oct 25 2013 // For more than a half-century, Whitey’s Landing on New Jersey’s Barnegat Bay has served boaters pulling up for engine repairs or clams from the bait freezer. This season, only one-third of its 30 moorings were...
Oct 24 2013 // Louisiana lawmakers are being urged to reach out to their colleagues in other states, to draw more attention to dramatic rate increases in flood insurance costs around the nation. Don Cravins, chief of staff for U.S. Sen....
Oct 24 2013 // Rangel Dockery and her husband bought a waterfront house in Florida four months ago, assuming their $2,000-a-year flood-insurance premium would remain about the same. After reading recently about a change in the federal...
Oct 24 2013 // A year after Superstorm Sandy catastrophically flooded hundreds of miles of eastern U.S. coastline, thousands of people still trying to fix their soaked and surf-battered homes are being stymied by bureaucracy, insurance...
Oct 23 2013 // Officials in Grafton are pursuing a scaled-down project that would provide flood protection for at least some of the northeastern North Dakota city because of diminishing prospects for a larger, federally funded...
Oct 23 2013 // Hannover Re, the world’s third largest reinsurer, said it expects higher rates for insurance and reinsurance in Germany following this year’s flooding and hailstorms, which led to the most costly claims in 30...