All the headlines from our Flood Topic Page, ordered by recency.
May 23 2013 // The purpose of modeling is to anticipate the likelihood and severity of catastrophes so that companies can prepare for their financial impact — before they occur.The evidence suggests that, for the most part,...
May 22 2013 // Heavy rains that have been falling since late last week have led to flooding in North Dakota that has forced some residents from their homes and threatened a dam.Water from a creek and water that is moving overland flooded...
May 22 2013 // The property insurance market remained relatively stable and competitive in the first quarter of 2013, with few changes to limits purchased and deductibles, according to a benchmarking report from broker Marsh.Superstorm...
May 21 2013 // Louisiana’s Lafourche Parish is preparing to begin more than $6 million in flood protection projects for the Raceland and Des Allemands areas.The Daily Comet reports the work includes revamping two pump stations and...
May 21 2013 // Texas has joined the crowd of Gulf of Mexico states to file suit against BP Plc, Halliburton Co and others for their role in one of the worst oil spills in U.S. history.The complaint, filed Friday in U.S. District Court in...
May 17 2013 // Some 350 homeowners in the central New Jersey towns of Sayreville and South River whose properties have flooded repeatedly will be eligible to sell their homes in the first phase of a new federally funded buyback program,...
May 17 2013 // Economic losses from disasters since 2000 are in the range of $2.5 trillion, a figure at least 50 percent higher than previous international estimates, according to a U.N. report.The U.N. Office for Disaster Risk Reduction...
May 14 2013 // The city of Indianapolis faces possibly paying hundreds of thousands of dollars for a restaurant badly damaged by flooding during a downpour a year ago.City officials found that inspectors failed to properly activate an...
May 13 2013 // State Farm Fire and Casualty Co. is asking a judge to void a jury’s finding that the company defrauded the government involving a policyholder claim after Hurricane Katrina.Motions filed in U.S. District Court in...
May 13 2013 // Although spring flooding in North Dakota wasn’t as bad advertised in some areas, officials who are totaling the damages say the costs are piling up. The question is whether the final figure will impress the federal...
May 9 2013 // Last year’s hurricane season drove home some big lessons, according to the nation’s chief hurricane forecaster: Storm surge and flooding are dangerous and difficult to predict, and sometimes it’s even...
May 8 2013 // The mayor of the central Indiana city of Tipton says recent flooding has caused more than $2.5 million in property damage and a loss of as much as 10 percent in its property tax base.Mayor Don Havens says in an impact...
May 8 2013 // Parts of the U.S. suffered severe hail and flooding damage during April, although there were fewer tornadoes than expected.Impact Forecasting, the catastrophe model center at Aon Benfield, released its monthly Global...
May 7 2013 // PERILS, the independent Zurich-based organization providing industry-wide catastrophe insurance data, has extended its market coverage to include Italy, and will provide data for both earthquake and flood perils with...
May 6 2013 // A councilman from Louisiana’s Ascension Parish is heading to Washington, D.C., to lobby against an increase of premium rates for National Flood Insurance Program policyholders.The Advocate reports Councilman Randy...
May 6 2013 // Rebecca Hoskins poked through the debris in her flood-wrecked house: a TV here, a light fixture there. Someone had been in and taken down the curtains. She blinked back a tear. It was a crisp early spring day and her first...
May 6 2013 // Joseph Szczesny’s modest Staten Island home in New York was inundated when Superstorm Sandy slammed into the U.S. East Coast in October.Now six months later, the 63-year-old bridge repairman and his fiance are all...
May 6 2013 // More than $367 million in federal assistance has been approved to help the state with disaster expenses related to Superstorm Sandy, Connecticut Gov. Dannel P. Malloy said on May 3 as other officials highlighted recovery...
May 6 2013 // Insurance regulators in New Jersey and New York — the two states hardest-hit by Superstorm Sandy — reported that as of April 19, insurers have settled 93 percent of the claims they received in the wake of Sandy,...
May 6 2013 // Home Maintenance“Making sure things are in good working order this spring can make a big difference in home safety, as well as insurance matters.” —Pennsylvania Insurance Commissioner Michael Consedine on...