All the headlines from our Flood Topic Page, ordered by recency.
Mar 2 2021 // TypTap, a five-year old Florida-based writer of private market homeowners and flood insurance, has attracted $100 million in financing from investment firm Centerbridge Partners.The company plans to use the money to expand...
Mar 1 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...
Feb 26 2021 // The federal government will recommend flood control measures including storm surge barriers, floodwalls and elevating homes and other buildings in a report later this year on combating back bay flooding, a major problem in...
Feb 25 2021 // The risk of flooding generally remains low across most of Nebraska and Iowa because the snow across both states is expected to melt gradually in the coming days.But the amount of ice on some rivers, particularly the Platte...
Feb 22 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...
Feb 22 2021 // After holding off on approving its 2021 rates in December, Citizens Property Insurance Corporation’s Board of Governors approved rate recommendations that the insurer says will make its rates more competitive with...
Feb 22 2021 // As of Feb. 1, the National Flood Insurance Program (NFIP) had paid out more than $115 million in flood claims in Louisiana in response to the 2020 hurricane season. That figure is up from the $110 million in NFIP payments...
Feb 10 2021 // Massachusetts-based managing general agent ShoreOne created a new coverage for coastal homeowners to address inadequate flood coverage.ShoreOne’s new offering combines traditional homeowners insurance with full flood...
Feb 9 2021 // Rescue workers continue to battle mountains of slush and debris at a hydropower construction site in north India that was damaged by flash floods that have killed at least 11 people.The rescue team of Indo-Tibetan Border...
Feb 8 2021 // Tennessee’s attorney general on Thursday sued Food City over claims that the supermarket chain’s pharmacies intentionally profited from the opioid epidemic by unlawfully selling tens of millions of prescription...
Feb 8 2021 // Neptune Flood, an AI-driven flood insurance company, has partnered with Acadian Managers (Acadian) to offer flood insurance coverage through Acadian’s network of independent agents to homeowners throughout...
Feb 7 2021 // When Iowa’s Cedar River flooded over 10 square miles of the city in 2008, few property owners had flood insurance — slowing recovery for residents and business owners as they waited for resources from the federal...
Feb 2 2021 // As of Feb. 1, the National Flood Insurance Program (NFIP) has paid out more than $115 million in flood claims in Louisiana in response to the 2020 hurricane season. That figure is up from the $110 million in NFIP payments...
Jan 29 2021 // National General Holdings Corp., a specialty personal lines insurance holding company owned by Allstate, has expanded its private flood product, Beyond Floods, into 13 additional states.The product offers coverage to...
Jan 29 2021 // The U.S. Army Corps of Engineers announced the cost estimate for a flood prevention project in Hawaii has doubled, striking another blow to the effort.The Corps said a financial analysis on Friday has raised the cost of...
Jan 26 2021 // California Insurance Commissioner Ricardo Lara is alerting residents to review their current insurance policies in the midst of a forecast of winter weather bringing the possibility of floods, mudslides, debris flows, and...
Jan 25 2021 // Flooding is America’s number one natural disaster and as the highest “at risk” state in the country, Florida is the epicenter for all things flood insurance.Since 1968, when procuring flood insurance,...
Jan 25 2021 // MyFloodInsurance.com has been expanded to allow for real estate agents and homebuyers to receive instant flood insurance quotes from multiple flood insurance companies, as well as the National Flood Insurance Program...
Jan 25 2021 // The grim statistical tally of the 2020 Atlantic hurricane season highlighted a dramatic year, one that saw the most active such season in recorded history.Last year, there were 30 named storms and 13 hurricanes, of which...
Jan 22 2021 // FEMA has made available for review revised preliminary flood risk information and updated Flood Insurance Rate Maps (FIRMs) for Victoria County, Texas.The federal agency is urging property owners to review the latest...