Latest Flood Headlines

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

AIR Worldwide Survey Team Describes Sandy Losses in N.J., N.Y.

Nov 21 2012 // AIR Worldwide recently concluded damage survey of areas impacted by Superstorm Sandy, which made landfall on Oct. 29, five miles southwest of Atlantic City, New Jersey.On November 11, 2012, AIR teams were deployed to...

After Sandy, Uncertainty About Real Estate Market, Mortgages, Insurance

Nov 21 2012 // “Reduced for Quick Sale!” reads Mike Montalbano’s Craigslist ad for the three-bedroom home he needs to sell before he can relocate for a new job.The drywall is new, as are the appliances. The only...

Group Warns ACC Clauses Might Apply in Devastating Breezy Point Fire

Nov 20 2012 // When Superstorm Sandy battered the East Coast with high winds and a massive storm surge, 111 homes in the Queens, New York, neighborhood of Breezy Point were destroyed by a fast-spreading fire.This week, the Consumer...

Sandy could drain the NFIP

Nov 19 2012 // In one of its overlooked bipartisan accomplishments last session, Congress, with backing from the insurance industry, managed to approve changes to the National Flood Insurance Program (NFIP) that should help put the...

Mississippi Kmart Flooding Case Set for Trial

Nov 16 2012 // The Mississippi city of Corinth and the Kroger Co. have asked a federal judge to dismiss them as defendants in a lawsuit over 2010 flooding at the Kmart in Corinth.Kmart Corp. is seeking compensation for flood damage at...

Study: Minot, North Dakota Has $1B in Unmet Flood Recovery Needs

Nov 16 2012 // A study has concluded that Minot, N.D., has $1 billion in unmet needs as it continues to recover from historic Souris River flooding in 2011.The Minot City Council spent $125,000 of federal grant money to commission the...

More Businesses Seek Government Flood Insurance After Sandy: Marsh

Nov 16 2012 // More businesses are expressing interest in purchasing flood insurance coverage from the National Flood Insurance Program (NFIP) in the wake of Superstorm Sandy’s heavy rain, record storm surge, and resulting...

Extreme Weather Hits Poor, Middle Class in U.S. the Hardest

Nov 16 2012 // U.S. droughts, floods and heat waves likely fueled by climate change in the last two years hit the people who can afford it the least – the poor and middle class, a report published on Friday said.In affected areas...

Commentary: After Sandy, Time to Reconsider Owning a Beach House?

Nov 16 2012 // The scenes rolling in from the New Jersey shore are devastating, and not just to the people whose homes were destroyed. Also damaged are the “retire with a water view” dreams of others who had aspired to...

AIR Worldwide’s Field Report Describes Scope of Sandy’s Devastation

Nov 15 2012 // Catastrophe modeling firm AIR Worldwide published a field survey report on Wednesday, Nov. 14, detailing damages their representatives saw in some of the hardest-hit areas post-Sandy.According to AIR Worldwide,...

Post-Sandy Survey: Only Minor Damages to Buildings From Direct Wind

Nov 14 2012 // Damage from storm surge and flooding caused by Superstorm Sandy is widespread and extensive — but there is only minor damage to buildings from direct wind, according a field survey report this week from Willis...

Feds: Levee System Did Not Cause Isaac Flooding

Nov 12 2012 // Federal officials say in a report released Nov. 9 that improvements to the New Orleans-area levee system did not cause Hurricane Isaac’s storm-surge flooding of areas in Louisiana that were not inundated during...

Navigating Claims Process Can Be a Challenge for Homeowners

Nov 12 2012 // People looking to rebuild their lives after Superstorm Sandy destroyed and damaged their homes may now have another struggle on their hands: Navigating the often-frustrating claims process with their insurance...

Consumer Group Asks Officials to Monitor Deductibles, ACC Clauses

Nov 7 2012 // A consumer advocacy group has sent letters to government officials in the northeastern states, urging officials to monitor how insurers handle claims after Superstorm Sandy.The group, the Consumer Federation America (CFA),...

Attorney’s Advice to Insurers on Reducing Class Action Exposure Post-Sandy

Nov 6 2012 // A veteran attorney who spent several years defending insurance companies in lawsuits from Hurricane Katrina is offering advice to insurers on class action and bad faith exposure post-Sandy.Insurers will be denying claims...

Sandy Exposed Hospitals’ Lack of Disaster Preparedness

Nov 6 2012 // Kim Bondy was in New Orleans seven years ago when Hurricane Katrina devastated the city, and scores of patients died in flooded hospitals cut off from power. She never thought that she might face that danger herself.But on...

Aon Benfield Launches Swiss Flood Model w/ Latest Hazard Data

Nov 6 2012 // Aon Benfield, Aon’s global reinsurance intermediary and capital advisor, has launched a new flood model for Switzerland and Lichtenstein to quantify financial losses caused by riverine and lake...

Obama Approves Federal Flood Aid For Southern Utah

Nov 5 2012 // President Barack Obama signed a disaster declaration over the weekend for southern Utah areas hit by a severe storm and flooding in September.Obama declared a major disaster exists in the region and ordered federal aid to...

Insured, Uninsured Sandy Victims Try to Get Through

Nov 5 2012 // Standing in the driveway next to the charred shell of his house on Long Beach, Long Island, with the hood open to his water-logged, brand-new 2012 Subaru Outback, Bill Long heard the words so many in the path of superstorm...

Superstorm Sandy Will Test Federal Flood Insurance Program

Nov 2 2012 // Superstorm Sandy is threatening to drag the U.S. government’s debt-ridden flood insurance program back into the political crosshairs just months after Congress attempted to put the controversial program on a sound...