All the headlines from our Flood Topic Page, ordered by recency.
Oct 22 2021 // VENICE, Italy (AP) – After Venice suffered the second-worst flood in its history in November 2019, it was inundated with four more exceptional tides within six weeks, shocking Venetians and triggering fears about the...
Oct 21 2021 // Georgia homeowners now have another choice in flood insurance. Wright National Flood Insurance Services, underwritten by Zurich American, announced it has begun offering policies in the state. Using model-based rating...
Oct 18 2021 // The New York State Department of Financial Services (DFS) is mandating continuing education in flood insurance for property/casualty insurance producers in response to the increasing risk of flooding due to climate change....
Oct 18 2021 // German reinsurance companies Munich Re and Hannover Rueck said on Monday they expect rising prices for their business in Europe next year, citing mid-July floods in central Europe, inflation and the coronavirus...
Oct 18 2021 // While lawmakers from various coastal states are decrying the new flood insurance rating system rolled out by FEMA and the National Flood Insurance Program (NFIP) on Oct. 1, Michigan insurance regulators expect Risk Rating...
Oct 13 2021 // Just as new research shows that a fourth of the critical infrastructure in the U.S. – along with an increasing number of homes and businesses – are at risk of flooding in the next 30 years, FEMA is seeking public input...
Oct 13 2021 // Pamela will not only pose significant dangers across Mexico, as it pushes inland after making landfall as a Category 1 hurricane Wednesday morning, but its impacts will also be felt across parts of the United States while...
Oct 8 2021 // Four people were killed in Alabama Thursday when torrential rains drenched parts of the state, flooding roads and buildings and causing a sewage overflow.All four deaths, including that of a 4-year-old girl in North...
Oct 7 2021 // The U.S. Army Corps of Engineers is known for damming rivers and building levees to keep waterways at bay. But a new initiative seeks natural flood control solutions as climate change brings increasingly frequent and...
Oct 7 2021 // The extreme flooding event in Western Europe in mid-July generated the largest insurance industry loss figure so far this year – at current estimates of US$11.0 billion, according to CRESTA, the insurance industry...
Oct 6 2021 // Like a growing number of communities across the country, the west Tennessee town of Waverly faces a difficult dilemma: Whether to rebuild hundreds of homes that were recently flooded — or move to higher...
Oct 6 2021 // Flood insurance premiums figure to increase for thousands of Connecticut residents when the federal government implements a new rate system, some by as much as $100 per month – but most by up to $10 monthly.The...
Oct 5 2021 // The redevelopment of the historic Jung Hotel and Residences in downtown New Orleans flooded four times before renovations were complete.The two insurers that issued a builder’s risk policy for the project thought...
Oct 5 2021 // Swiss Re estimated total insured market losses of the insurance industry due to the July floods in Europe at approximately US$12 billion.The insurer also updated its own loss estimate for the July floods at approximately...
Oct 4 2021 // U.S. senators from coastal states are predicting “an actuarial disaster” in the future once FEMA’s new flood insurance rating systems goes into full swing.In a press call on Sept. 30, Louisiana Sen. Bill...
Oct 4 2021 // The Michigan Department of Insurance and Financial Services (DIFS) said the National Flood Insurance Program (NFIP) estimates that under its new rating system more than 52% of Michigan flood insurance policies will see...
Oct 4 2021 // Digital flood insurance provider Neptune Flood has acquired Jumpstart Insurance Solutions, a parametric insurtech broker that offers parametric earthquake policies.Terms were not disclosed. Jumpstart, a licensed surplus...
Oct 4 2021 // The federal government Friday rolled out a flood-insurance program revamped to reflect worsening climate change, a program that will raise rates for millions of homeowners in wealthy coastal areas and humble inland...
Oct 4 2021 // The country’s flood insurance market is slowly transitioning toward private insurers providing additional options to the federal government’s program for those seeking coverage, according to a new AM Best...
Sep 30 2021 // Congress on Thursday passed a last-minute, short-term funding measure, averting a government shutdown that would have curtailed federal operations including the National Flood Insurance Program.The Senate was the first...