Latest Flood Headlines

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

Earth’s Ecosystems ‘Crucial for Economic, Social, & Spiritual Stability’ UNEP Report Concludes

Mar 31 2005 // A report, prepared by the United Nations Environment Program (UNEP), entitled “The Millennium Ecosystem Assessment,” concludes that many of the planet’s essential systems are endangered, primarily due to...

ABI Says U.K. Govt.’s. Flood Management Strategy “Flowing in the Right Direction”

Mar 28 2005 // The recent announcement by the U.K. Government revealing a new strategy for flood management provides “a welcome step towards ensuring that the increasing flood risk is effectively managed,” said the...

PLUS Symposium: Greater Transparency Will Change the Way Industry Does Business

Mar 21 2005 // Transparency will reportedly bring fundamental changes in how the industry operates, resulting in more open communication between the client, the broker and the underwriter.A change in the dynamics of the business also...

Aon Units Release Global Climate/Catastrophe Report

Mar 11 2005 // Two Aon subsidiaries, Aon Re Global and Impact Forecasting, LLC, have released a report on 2004’s natural catastrophes, describing “a year of freakish weather patterns, ending with the worst natural disaster in...

News from Worldcom, Enron and Spitzer Invades PLUS Symposium

Mar 7 2005 // News from Worldcom, Enron and Spitzer Invades PLUS SymposiumSettlements that reach beyond insurance and into the pockets of firms’ former directors draw attention to the limits of insurance, professional liability...

Ripped from the Headlines: Law and Order in Today’s D&O

Mar 7 2005 // News from Worldcom, Enron and Spitzer Invades PLUS SymposiumSettlements that reach beyond insurance and into the pockets of firms’ former directors draw attention to the limits of insurance, according to professional...

Insurers Must Underwrite Smarter, Not Succumb to D&O Market Pressures

Mar 7 2005 // Insurers must not be lulled into thinking that the Directors and Officers liability market has recovered because the quantity of cases remain high and the complexities of litigation are overwhelming.As a result, carriers...

Ripped from the Headlines: Law & Order in Today’s D&O

Mar 7 2005 // News from Worldcom, Enron and Spitzer invades PLUS SymposiumSettlements that reach beyond insurance and into the pockets of firms’ former directors draw attention to the limits of insurance, according to professional...

FEMA Encourages States to Implement Flood Training Program for Agents

Mar 4 2005 // States will soon require minimum training, education and knowledge requirements for insurance agents who write flood insurance, Ed Pasterick, an industry relations spokesman for the Federal Emergency Management Agency told...

Rep. Hart of Pa. Joins Critics of Flood Insurance Plan

Mar 1 2005 // A Pennsylvania congresswoman wants more oversight of the federal flood insurance program, saying local victims were shortchanged last year.Rep. Melissa Hart, R-Pa., has joined representatives from Maryland, Virginia,...

Citizens Lost First Round; Stalling Payments Until After Another Court Decision

Feb 21 2005 // Citizens Property Insurance Co. is in the limelight again, this time because it is refusing to pay property losses, even after losing a South Florida appeals court decision.Hurricane Irene brought both wind and water when...

FEMA Funds Jefferson County (Texas) Flood Project

Feb 8 2005 // The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) announced it has obligated $1.35 million to the state of Texas to fund flood protection measures in Jefferson County. The project...

Utah Flooding Causes More than $150 Million in Damages

Feb 7 2005 // Southwestern Utah has not been declared a federal disaster area despite more than $150 million in damages caused by flooding in mid-January. St. George and the surrounding areas in Washington County were the hardest hit...

RiskMeter Online Now Offering Manual Flood Determinations, Certifications

Feb 3 2005 // CDS Business Mapping LLC, a provider in online hazard mapping, is now offering manual flood determinations and flood certifications.As a result of these new services, users will be able to get flood determinations for...

Pilgrim to Write Flood Insurance as Part of WYO Program in Mass., N.H. and Conn.

Feb 1 2005 // Pilgrim Insurance, a unit of The Plymouth Rock Group of Companies, in Boston, has been accepted by the Federal Insurance and Mitigation Administration to participate in the Write Your Own Flood Program (WYO). This program...

Federal Flood Aid to Pa. Reached $140M

Jan 25 2005 // Pennsylvania residents, businesses and municipalities received about $140 million in federal aid to help them recover from flood damage caused by remnants of Hurricanes Frances and Ivan last year.Of that, the Federal...

Ariz. County Supervisors Approve Flood Control Project

Jan 21 2005 // Arizona’s Pima County supervisors approved the construction of five detention basins to control flooding in downtown and central Tucson.Construction bids for the $17.5 million project will go out in late spring, said...

Safety Should be Primary Concern in Wake of California Storms, Says ACIC

Jan 13 2005 // In the aftermath of the Southern California storms, flooding and mudslides that have already claimed at least 10 lives, insurers are urging residents to exercise caution in cleanup now that the storms are...

14 Dead as Storms, Floods Hit Northern Europe

Jan 10 2005 // A severe winter storm, packing winds up to 150 km/hr (94 mph) and heavy rains has paralyzed much of Northern Europe, caused at least 14 deaths, knocked out power over wide areas and severely interrupted sea, air and land...

Flood Coverage

Jan 3 2005 // Nuts & Bolts: The private client group of American International Group has a product that adds flood coverage to certain homeowners’ policies. This move is aimed at properties located in low- to moderate-risk...