All the headlines from our Flood Topic Page, ordered by recency.
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...
Oct 26 2012 // After months of lobbying and pressure from Iowa’s governor, congressional delegation and others, the federal government said the University of Iowa will get nearly $84 million to replace a flood damaged auditorium...
Oct 25 2012 // Hurricane Sandy swelled into a major threat to much of the U.S. East Coast on Thursday after lashing Cuba with heavy rains and tree-toppling winds and swirling through the Bahamas, U.S. forecasters said.Strengthening...
Oct 25 2012 // A disaster declaration has been expanded to include three regions of Interior Alaska impacted by flooding in late September. The Fairbanks Daily News-Miner reported Gov. Sean Parnell has expanded an earlier declaration for...
Oct 22 2012 // Farmers this spring were able to plant all but a few thousand acres of the land deluged by last year’s flooding along on the Missouri River and the intentional breaching of a Mississippi River levee in southeast...
Oct 18 2012 // Most property owners whose homes or other structures were damaged during Hurricane Isaac have approaching deadlines for filing claims for their flood-related losses.Most of these claims are due in the upcoming two weeks as...
Oct 18 2012 // A state Senate candidate is suing the Army Corps of Engineers and the National Weather Service over damage to his home during the 2010 Nashville flood. Phillip North’s suit claims that the two federal agencies were...
Oct 15 2012 // Market conditions for UK non-life insurers remain challenging as the difficult economic environment curbs demand for coverage and insurers can no longer rely on reserve releases to improve profitability, according to a...
Oct 15 2012 // State emergency officials say that South Dakotans who registered with FEMA in 2011 for damage caused by Missouri River flooding may be eligible for additional assistance if further damage has been discovered.Residents of...
Oct 14 2012 // As of Sunday afternoon, Tropical Storm Rafael was moving away from the Leeward Islands after battering the islands with strong winds and heavy rain.Rafael, the 17th named storm of the Atlantic hurricane season, has maximum...