Latest Flood Headlines

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

Is It Covered?: A Flood of Uncovered Claims

Apr 6 2021 // On a recent insurance social media page, an agent was looking for a market for a $2 million home that had experienced a $540,000 plumbing leak claim and the carrier had nonrenewed. A few weeks earlier, another agent had...

New Federal Flood Insurance Rating Plan to Start Oct. 1

Apr 5 2021 // Hundreds of thousands of Americans will pay significantly more to insure their homes in coastal areas and flood zones under new rules released on Thursday by the Federal Emergency Management Agency (FEMA), the first major...

Australia’s Floods to Hit Insurers’ Earnings, Put Upward Pressure on Reinsurance Rates

Mar 31 2021 // Insured losses from Australia’s March floods are expected to hit general (or property/casualty) insurers’ underwriting margins and earnings in 2021, while putting more upward pressure on reinsurance rates,...

More Rain Comes to Tennessee After Historic Flooding

Mar 31 2021 // Flash flooding in Tennessee has claimed a fifth victim after authorities said a man drove his car around barricades and apparently drowned.The latest death occurred Sunday night in Ashland City, just west of Nashville,...

Homes, Cars Flooded After Record Rains in Tennessee; Dozens Rescued

Mar 29 2021 // Heavy rains across Tennessee flooded homes and roads, prompting officials to rescue dozens of people from houses, apartments and vehicles. Authorities said four bodies were found Sunday in the flood’s aftermath.A...

3 Homeowners Get $1.1M for 2017 Nevada Flood Damage

Mar 25 2021 // A Washoe County judge in Nevada has ordered Reno to pay $1.1 million to owners of three homes that flooded north of the city four years ago as dozens of others continue to press related battles in federal court over...

82 Homes Impacted by Hawaii Rain and Flooding

Mar 23 2021 // Three homes were destroyed in heavy rains and flooding last week, the Honolulu Department of Emergency reported.The department collected data that showed a total of 82 homes in the state were impacted by the severe...

Australia Battered by Worst Flooding in 60 Years

Mar 22 2021 // PITT TOWN, Australia — Australia was set on Monday to evacuate thousands more people from suburbs in Sydney’s west, battered by the worst flooding in 60 years, with torrential rains expected to continue for...

Study: Floridians in Flood Zones Underpaying for Flood Insurance by Average of 379%

Mar 15 2021 // If you live in Florida, you should probably be paying more for flood insurance. And you likely will be soon.That first finding is the conclusion of a new analysis by First Street Foundation, a nonprofit research group...

$1.4B Shortfall Threatens Houston Area Flood Control Projects

Mar 15 2021 // Flood control projects approved by Houston area voters in 2018 in response to Hurricane Harvey are facing a $1.4 billion shortfall that could delay their completion, officials have announced.The projects in need of the...

Homeowners’ Suit of Reno Over Flooding Now in U.S. Court

Mar 11 2021 // Dozens of residents who are suing the city of Reno over the flooding of their homes in 2017 are moving to federal court in a complex case that could cost taxpayers millions of dollars.The move comes as the city’s...

Flooding Prompts Hawaii Emergency Declaration, Evacuations Ordered

Mar 10 2021 // Hawaii Governor David Ige declared an emergency in the U.S. state after heavy rains brought floods, landslides and fear of dam failures, and authorities ordered the evacuation of several thousand people from communities...

Kentucky Flooding Worst in Decades; Governor Tours Damage

Mar 8 2021 // Gov. Andy Beshear reiterated his promise to seek federal disaster relief on Friday while touring several flooded counties in Eastern Kentucky, the Lexington Herald-Leader reported.“What I saw was the worst...

Swiss Re Forms Strategic Partnership with Satellite Operator and Flood Monitor, ICEYE

Mar 8 2021 // Swiss Re has entered into a strategic partnership with ICEYE, a commercial satellite operator and satellite-based flood monitoring provider.Building on ICEYE’s innovative technology, the partnership will advance...

Federal Flood Insurance Premiums Far From Keeping Up With Expected Losses

Mar 8 2021 // If the nearly 4.3 million residential homes (1-4 units) across the country with substantial flood risk were to be insured through the National Flood Insurance Program (NFIP), the NFIP rates would need to increase 4.5 times...

Many States Lack Flood Risk Disclosure Laws for Homebuyers

Mar 8 2021 // Homebuyers in nearly half of the states including hurricane-prone Florida can be left in the dark about the flood risks to their new house.The Natural Resources Defense Council (NRDC) has released an updated scorecard that...

Heading into Spring Flooding Season, Missouri River Remains Low

Mar 5 2021 // This year is shaping up to be drier than normal throughout the Missouri River basin, and the risk of flooding is generally below normal throughout the region because conditions remain dry and snowpack levels are below...

FEMA: 87% of Federal Flood Claims from Hurricane Laura Closed in Louisiana

Mar 5 2021 // The majority of National Flood Insurance Program claims in Louisiana stemming from Hurricane Laura, which hit the state in August 2020, have been closed.FEMA says the NFIP has closed 87% of the 1,227 claims submitted and...

FEMA Buys More Flood Reinsurance; Decision Near on Insurance Rate Change Plan

Mar 5 2021 // The federal government has bought additional reinsurance to cover losses of the National Flood Insurance Program.On Feb. 23, the Federal Emergency Management Agency (FEMA), which administers the flood insurance program,...

Kentucky Inundated by Floodwaters After Heavy Rains

Mar 4 2021 // Kentucky’s governor toured parts of his state hard by heavy rains Tuesday and pledged to seek federal assistance after massive flooding inundated several areas.Gov. Andy Beshear said “parts of cities are...