All the headlines from our Flood Topic Page, ordered by recency.
Nov 21 2011 // New Jersey generated the most flood vehicle-related claims in wake of Hurricane Irene, according to National Insurance Crime Bureau. Claims processed by the group’s member companies show the Garden State had 4,121...
Nov 18 2011 // Insured losses from Thai floods could be in the double-digit billions of dollars and the disaster will lead to a re-assessment of weather risks to industries in Asia, a senior official from global insurer Allianz...
Nov 17 2011 // Congress has approved yet another resolution to fund parts of the federal government including the nation’s flood insurance program on a short-term basis. This time the funding runs until Dec. 16.The Senate passed...
Nov 17 2011 // Officials say the levee near Percival, Iowa, that failed in last summer’s Missouri River flooding will undergo temporary repairs but will remain vulnerable to severe flooding next year.KETV-TV reported damage to the...
Nov 16 2011 // The nation’s flood insurance program is scheduled to expire again on Friday, Nov. 18, 2011, unless Congress takes action.Last month, the House and Senate passed legislation that kept the federal government – and...
Nov 15 2011 // North Dakota’s Senate unanimously approved a $639 million disaster relief measure that includes money for low-interest home loans, road construction and repairs to public works.The measure’s centerpiece is a...
Nov 15 2011 // Catastrophe modeling firm AIR Worldwide has issued a report on the heavy rains, which caused widespread flooding in France and Italy during the first week of November.The storms were caused by a “low pressure system...
Nov 14 2011 // WRM America Holding Company, a specialty lines P/C insurance and risk management holding company, completed the acquisition of Fidelity National Indemnity Insurance Company (FNIIC), the flood insurance business of Fidelity...
Nov 10 2011 // A key provision in the North Dakota Legislature’s disaster aid bill would provide low-interest, unsecured loans of up to $30,000 for homeowners hit especially hard by this year’s flooding, the Bank of North...
Nov 10 2011 // According to catastrophe modeling firm AIR Worldwide, “historic flooding in Thailand continues to damage residential properties and has interrupted operations for numerous businesses. At the start of this...
Nov 9 2011 // North Dakota Gov. Jack Dalrymple has unveiled a $569 million plan to provide disaster aid to flood-stricken areas and to help western North Dakota towns struggling to cope with oil development.Speaking to a joint session...
Nov 8 2011 // The National Insurance Crime Bureau is advising consumers to be alert for potentially dangerous flood vehicles appearing in the used-car market in wake of Hurricane Irene.Flood-damaged cars can be an attractive purchase...
Nov 8 2011 // Catastrophe risk modeling firm AIR Worldwide has released an inland flood model for Germany, which it said “offers a fully probabilistic approach for determining the likelihood of flood losses from all types of...
Nov 7 2011 // Over the years, insurance companies and policyholders have been arguing in courts over how to calculate business interruption losses during catastrophes.This is the type of coverage that is often ignored until there is a...
Nov 7 2011 // Continuing heavy rains have caused serious flooding in southern France and throughout Italy, with little letup in sight. In western England an horrendous crash on the M25 motorway in Somerset, involving 34 cars and trucks,...
Nov 7 2011 // The Federal Emergency Management Agency has again extended the deadline for residents in six Missouri counties to apply for federal disaster assistance. FEMA spokesman John Mills says the new deadline is Dec. 10 for...
Nov 7 2011 // When the Army Corps of Engineers was forced to breach the Birds Point levee in southeast Missouri at the height of spring flooding, many feared the rich 130,000 acres of farmland would be a total washout for 2011.But the...
Nov 7 2011 // Two U.S. senators are pressing to remove a federal requirement that homeowners and businesses near levees and dams purchase flood insurance.Senators Thad Cochran (R-Miss.) and Mark Pryor (D-Ark.) are circulating a...
Nov 7 2011 // Two U.S. senators are pressing to remove a federal requirement that homeowners and businesses near levees and dams purchase flood insurance.Senators Thad Cochran (R-Miss.) and Mark Pryor (D-Ark.) have launched an effort to...
Nov 7 2011 // Floods are the most commonly occurring natural catastrophes in the world and insurance companies are using science to better predict risks, yet most people underestimate flooding’s destructive power, German insurer...