All the headlines from our Flood Topic Page, ordered by recency.
Jan 30 2012 //
Jan 30 2012 // State and federal programs offer homeowners in North Jersey’s flood-ravaged areas a buyout. But the combination of red tape and limited funding is keeping many from that promise and a fresh start in a new and drier...
Jan 30 2012 // Damage from last year’s record spring floods could leave many people along the Mississippi River in even more danger this year, the Army Corps of Engineers said.The Corps said it’s assessing the damage to...
Jan 30 2012 // The risk of significant flooding in the Red River Valley is down from recent years and even lower than last month’s forecast due to the lack of snow, forecasters said on Jan. 26 — bolstering hopes the region may be...
Jan 26 2012 // The Oregon State Motor Pool says 145 vehicles were damaged when floodwaters inundated its parking lot Thursday in Salem. The Statesman Journal reports insurance adjusters are adding up the damage. The Department of...
Jan 25 2012 // HCC Insurance Holdings Inc., headquartered in Houston, has reported preliminary fourth quarter 2011 catastrophe losses, after reinsurance and reinstatement premium, of $10 million pretax ($6.5 million after-tax).These...
Jan 24 2012 // June Tierney and Kellie Burke never envisioned island living in the Vermont woods, but Tropical Storm Irene had other ideas.Their home, a two-story, natural-sided saltbox, was a rural idyll on a wooded 10-acre lot off a...
Jan 23 2012 //
Jan 23 2012 // An expert task force convened by the Nuclear Regulatory Commission called Japan’s nuclear disaster “unacceptable” and concluded that nuclear power plants in the U.S. need better protections for rare,...
Jan 23 2012 // The city council in Minot, N.D., has approved a plan that could result in the acquisition of more than 270 properties for future flood protection measures. The voluntary program calls for negotiations to begin with willing...
Jan 23 2012 // A new study says that there are some regions in the country where National Flood Insurance Program (NFIP) premiums are too high.The report, from the Wharton Risk Management and Decision Processes Center at the Wharton...
Jan 20 2012 // Bermuda-based Endurance Specialty Holdings Ltd announced that its initial loss estimate related to the floods that occurred in Thailand in the fourth quarter of 2011 is $76.5 million. The announcement said they...
Jan 19 2012 // Last year’s flooding in Thailand is shaping up to be one of the worst natural disasters in human history, with insured losses alone estimated at more than $15 billion.Following is a list of expected losses reported...
Jan 19 2012 // A coalition of business and environmental groups is calling on President Obama to use his upcoming State of the Union address to urge Congress to reform the nation’s debt-ridden flood insurance program.The U.S. House...
Jan 18 2012 // Bermuda-based AXIS Capital Holdings Limited announced that the net financial impact of the severe flooding in Thailand on the Company’s fourth quarter results is expected to be $48 million – net of reinsurance,...
Jan 18 2012 // Bermuda-based PartnerRe Ltd. announced that it “expects to record a charge of approximately $120 million, pre-tax and net of retrocession and reinstatement premiums, in its fourth quarter 2011 results related to the...
Jan 17 2012 // About 600 victims of a flood caused by the failure of a century-old irrigation canal in Fernley, Nev. in 2008 have received their share of a $10 million settlement.The settlement funds distributed last month stemmed from...
Jan 13 2012 // The federal government has reimbursed Cache County, Utah and municipalities more than $780,000 for flooding damages last spring. The Herald Journal of Logan reported that President Barack Obama approved the request after...
Jan 13 2012 // The XL Group gave preliminary net loss estimates related to the widespread floods in Thailand that reached their highest point during the quarter ended December 31, 2011, as ranging from approximately $135 million to $185...
Jan 12 2012 // Jackson County supervisors have approved a payment of $500,949 to Island Winds Title Co. to close on seven homes.According to The Mississippi Press, the action brings the county closer to completing its role in a federal...