All the headlines from our Flood Topic Page, ordered by recency.
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...
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...
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),...
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...
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...
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...
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...
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...
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...
Nov 2 2012 // As the insurance industry makes assessments for superstorm Sandy’s impact, analysts say there is now the potential for significant business interruption (BI) and contingent business interruption (CBI) losses.Fitch...
Nov 2 2012 // Climate scientist Michael Oppenheimer stood along the Hudson River and watched his research come to life as Hurricane Sandy blew through New York.Just eight months earlier, the Princeton University professor reported that...
Nov 2 2012 // When the National Hurricane Center declared Sandy a “post-tropical storm” just before it made landfall, a lot of homeowners across New Jersey, New York, Connecticut and Maryland may have saved a lot of money....
Nov 1 2012 // New York Governor Andrew Cuomo announced Wednesday that New York homeowners will not have to pay potentially large hurricane deductibles on insurance claims stemming from damage caused by Sandy.New York joins other...
Oct 31 2012 // Many homeowners who suffered losses because of flooding from Hurricane Sandy are likely to find themselves out of luck. Standard homeowners policies don’t cover flooding damage, and the vast majority of homeowners...
Oct 31 2012 // Catastrophe modeling firm AIR Worldwide estimated Tuesday evening that insured losses from Hurricane Sandy to onshore properties in the U.S. would be in the range of $7 billion to $15 billion.AIR’s insured loss...
Oct 30 2012 // Ratings analysts at A.M. Best Co. said that it is likely that the brunt of Hurricane Sandy’s financial impact will fall on the National Flood Insurance Program (NFIP), which is responsible for almost all flood...
Oct 30 2012 // Sandy, one of the biggest storms ever to hit the United States, roared ashore with fierce winds and heavy rain on Monday near the gambling resort of Atlantic City, New Jersey, after forcing evacuations, shutting down...
Oct 29 2012 // • Hurricane expected ashore Monday evening in New Jersey • Could be biggest to hit U.S. mainland • New York, Philadelphia and Washington in its path • New York Stock Exchange closed Monday and Tuesday • Early...
Oct 28 2012 // Tens of millions of East Coast residents scrambled on Sunday to prepare for Hurricane Sandy, which could make landfall as the largest storm to hit the United States, bringing battering winds, flooding and even heavy...
Oct 28 2012 // U.S. stock exchanges and Wall Street banks are sending employees into Manhattan on Sunday to stay in hotels and coworkers’ homes, as markets prepare to open for business on Monday even as Hurricane Sandy brings...