Latest Flood Headlines

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

What does a ‘Valued Policy’ cover in Louisiana and Mississippi?

Feb 20 2006 // As is obvious from a perusal of newspaper articles and legal journals, the devastating damage throughout the entire Gulf Coast Region from the recent hurricane season has raised numerous legal issues regarding insurance...

Southern Oregonians seek help after floods

Feb 20 2006 // Southern Oregonians whose homes were flooded during recent rainstorms are getting used to waiting.They’ve got to wait for insurance adjusters to tell them how much they’ll cover for damages, and for...

What does a ‘Valued Policy’ cover in Louisiana and Mississippi?

Feb 19 2006 // In general, “Valued Policy” statutes require an insurer to ascertain the value of the property being insured at the time a policy is written and to pay that value to the insured when there is a total loss.As is...

News Currents

Feb 19 2006 // Southern Oregonians seek help after floodsSouthern Oregonians whose homes were flooded during recent rainstorms are getting used to waiting. They’ve got to wait for insurance adjusters to tell them how much...

Community Relations Teams Visit Calif. Disaster Areas After Recent Floods

Feb 17 2006 // Community Relations specialists from the Federal Emergency Management Agency (FEMA) are working with the Governor’s Office of Emergency Services (OES) and county emergency management directors to reach out to people...

Windstorm Panelists: Carriers Hesitant to Write Fla. Policies

Feb 15 2006 // A panel of eight insurance experts agreed unanimously that carriers are closely scrutinizing Florida and are hesitant to renew homeowners policies during a panel moderated by Bill Bailey, director of the Hurricane...

Congress Backs Further Flood Insurance Borrowing; Sends Bill to Bush

Feb 15 2006 // As the fallout of the government’s response to Hurricane Katrina continues in Washington, D.C. this week during Senate Committee hearings, the U.S. House of Representatives on Wednesday approved and sent to President...

Big ‘I’ Supports Senate Action on Flood Borrowing Authority

Feb 10 2006 // The Independent Insurance Agents & Brokers of America (the Big “I”) said it supports Friday’s Senate vote on a bill, S. 2275, which would extend the borrowing authority of the National Flood...

PCI Backs Miss. Legislation to Educate Consumers about Flood Coverage

Feb 8 2006 // The Property Casualty Insurers Association of America is urging the Mississippi House to support legislation (SB 2014) that will help clarify for consumers that coverage for flood damage is excluded from homeowners...

Wisconsin Insurer Warns Buyers About Post-Hurricane Vehicle Fraud

Feb 7 2006 // Sun Prairie, Wis.-based General Casualty Insurance Companies are cautioning customers about the possibility that the shiny pre-owned Honda or Buick being considered for purchase may have been submerged in flood...

Bush Notes 10 Calif. Counties Eligible for Storm Assistance

Feb 6 2006 // President George W. Bush declared 10 California counties that were battered by storms and flooding over the holidays as disaster areas where homeowners and businesses will be eligible for federal aid, the White House...

News Currents

Feb 5 2006 // W. Va. Big ‘I’ members to hear about mandates, regulations during Feb. 12-13 legislative discussionsAn update describing local, state and national industry and government issues, focusing on the latest...

News Currents

Feb 5 2006 // Bill Bailey, director of the Hurricane Insurance Information CenterWindstorm Conference speaker doesn’t think Mississippi wind vs. flood suits will succeed After 2004, 2005 hurricane season, record attendance...

News Currents

Feb 5 2006 // Bill Bailey, director of the Hurricane Insurance Information CenterWindstorm Conference speaker doesn’t think Mississippi wind vs. flood suits will succeed The controversy over litigation about wind vs. flood damage...

Southern Oregonians Wait for Help After Floods

Feb 2 2006 // The Southern Oregonians whose homes were flooded during recent rainstorms are getting used to waiting.They’ve got to wait for insurance adjusters to tell them how much they’ll cover for damages, and for...

Big ‘I’ Seeks Comprehensive Flood Reform as Committee Holds Hearing

Feb 2 2006 // The Senate Banking Committee’s discussion on Thursday of proposed reforms to the National Flood Insurance Program (NFIP) was reportedly an important step, and the Independent Insurance Agents & Brokers of...

New Orleans Levee Board Questions Premium Increase from St. Paul

Feb 1 2006 // The New Orleans Levee Board said this week it would review other options for its excess general liability coverage from St. Paul Travelers when it discovered the insurer wants to charge almost eight times more than the...

Miss. Commissioner Dale: Leader, Follower or Shill?

Jan 30 2006 // George Dale walks a tightrope in his job as Mississippi’s insurance commissioner.He is charged with the responsibility of regulating the industry that provides most of his election support while protecting consumers...

NFIP Seeks $5.6B Loan; Sen. Shelby Vows Rating Overhaul

Jan 27 2006 // The National Flood Insurance Program (NFIP) says it needs to borrow an additional $5.6 billion to cover claims and expenses for 2006. Projections indicate that its payments will reach its existing $18.5 billion borrowing...

Democrats Propose Mandatory Flood Insurance, Development Limits

Jan 27 2006 // Citing the risks exposed by Hurricane Katrina, a group of California Assembly Democrats unveiled legislation that could block some development in flood-prone areas and require homeowners living on flood plains to have...