Latest Flood Headlines

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

La. judge: Insurers liable for water

Jan 7 2007 // Even though a homeowner’s insurance policy said floods were not covered, leaving that statement out of the application left the company liable for damages to a house destroyed by Hurricane Rita’s winds and...

News Currents

Jan 7 2007 // Despite Katrina lessons, Congress keeps extending flood insuranceThe federal flood insurance program may be going broke after incurring $20 billion in debt from recent storms like Hurricane Katrina. But that hasn’t...

Agents, Brokers Set 2007 Legislative Priorities

Jan 3 2007 // The Independent Insurance Agents & Brokers of America (the Big “I”) will again confront a number of legislative issues important to agents and brokers at both the state and federal levels in 2007,...

La.’s DEQ Works to Dispose Flooded Cars; State to Share Cost

Jan 2 2007 // The Louisiana Department of Environmental Quality is trying to partner with local governments to dispose of more than 10,000 flooded vehicles collected after the 2005 hurricane season.Still, the project will not be...

N.H. Private School Sues Insurer Over Flood Policy

Dec 28 2006 // St. Paul’s School in Concord, N.H. has filed a lawsuit accusing its insurance company of refusing to cover most of the $5 million the school has spent repairing buildings and grounds damaged by flooding last...

After Katrina, Congress Still Keeps Extending Flood Insurance

Dec 28 2006 // The federal flood insurance program may be going broke after incurring $20 billion in debt from recent storms like Hurricane Katrina. But that hasn’t stopped politicians from trying to extend the taxpayer-subsidized...

Commissioners, compensation rules, earthquakes made for shaky ground

Dec 25 2006 // In the era when cowboys and gold panners roamed, the West was characterized as a wild yet adventurous place to live. Judging by 2006’s insurance industry headlines, those sentiments don’t seem to have...

Flooded Maine family blames faulty federal maps

Dec 25 2006 // A family devastated by the Mother’s Day flood that inundated their home along the Mousam River in Kennebunk, Maine, says errors in federal maps prompted them to forgo the purchase of flood insurance, a decision that...

Despite ‘uneventful’ year, there was no escaping catastrophes in 2006

Dec 25 2006 // It was difficult to get away from natural catastrophes in 2006, even though the year was relatively unscathed by those types of events. Back-to-back 2005 Hurricanes Katrina and Rita continued to wreak havoc on insurance...

2006: Soft market offers up many new insurance products

Dec 25 2006 // E&O, Professional/Management Liability New P/C Insurance Agents’ E&O Rockwood Programs partnered with certain underwriters at Lloyd’s of London to offer professional liability coverage specifically...

2006: Mother Nature and political deals made 2006 an unsettling year

Dec 25 2006 // From Maine to Virginia, agents and adjusters helped property owners dig out from damaging floods. High waters seemed to hit a new state every week. Meanwhile, these same agents had to worry about whether their income was...

Top 10 Stories of the Year – West

Dec 24 2006 // In the era when cowboys and gold panners roamed, the West was characterized as a wild yet adventurous place to live. Judging by 2006’s insurance industry headlines, those sentiments don’t seem to have...

Top 10 Stories of the Year – East

Dec 24 2006 // From Maine to Virginia, agents and adjusters helped property owners dig out from damaging floods. High waters seemed to hit a new state every week. Meanwhile, these same agents had to worry about whether their income was...

Top 10 Stories of the Year – South Central

Dec 24 2006 // It was difficult to get away from natural catastrophes in 2006, even though the year was relatively unscathed by those types of events. Back-to-back 2005 Hurricanes Katrina and Rita continued to wreak havoc on insurance...

News Currents

Dec 24 2006 // ID theft warning in Okla.Oklahoma Attorney General Drew Edmondson issued a consumer alert to customers of First State Bank in Ketchum warning them about a scam being perpetrated in their area. According to the AG’s...

Flooded Maine family blames faulty federal maps

Dec 24 2006 // A family devastated by the Mother’s Day flood that inundated their home along the Mousam River in Kennebunk, Maine, says errors in federal maps prompted them to forgo the purchase of flood insurance, a decision that...

2006 New Markets Report

Dec 24 2006 // E&O, Professional/Management LiabilityNew P/C Insurance Agents’ E&O Rockwood Programs partnered with certain underwriters at Lloyd’s of London to offer professional liability coverage specifically for...

La. Judge: Insurers Liable for Water

Dec 21 2006 // Even though a homeowner’s insurance policy said floods were not covered, leaving that statement out of the application left the company liable for damages to a house destroyed by Hurricane Rita’s winds and...

Chubb Expands Excess Flood Policy

Dec 20 2006 // The Chubb Group of Insurance Companies has begun to offer an admitted excess flood insurance product to homeowners policyholders who face either inland or coastal exposures in 15 jurisdictions, including California,...

Arkansas Reminds Producers of Flood Insurance Training Requirements

Dec 15 2006 // The Arkansas Insurance Department issued a bulletin regarding training and education requirements for producers selling flood insurance policies from the National Federal Insurance Program (NFIP).Section 207 of the Flood...