All the headlines from our Flood Topic Page, ordered by recency.
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...
Sep 30 2021 // Willis Re has launched a new flood model for the Middle East and North Africa (MENA) region, which enables re/insurers to quantify their flood risk using a catastrophe model.Currently the model covers Morocco, the United...
Sep 29 2021 // In what may be a sign of the climate times, a Florida county has declared a local state of emergency after a weather event — even without hope of much assistance from the state or federal government.The declaration...
Sep 29 2021 // As Democrats and Republicans in Washington continue to haggle over government debt and spending, federal flood insurance is among the programs facing disruption.Without renewed funding, a government shutdown would begin...
Sep 29 2021 // Flow Insurance Services has partnered with Chaucer Group to allow for the digital distribution of Chaucer’s new residential flood insurance product. Flow’s retail agents will have the ability to quote, bind,...
Sep 29 2021 // U.S. senators from Florida, Louisiana, Mississippi and Texas have introduced legislation to delay the roll out of new risk rating methodology from the National Flood Insurance Program (NFIP) they say would result in flood...
Sep 29 2021 // New York City is planning to hire a private weather forecaster, install more drainage features and issue earlier and more aggressive warnings to residents under a new plan to respond to heavy rainfall like the deadly...