All the headlines from our Flood Topic Page, ordered by recency.
Jul 1 2019 // Are Millennials More Likely to Buy Flood Insurance?Are younger homeowners more likely to protect their property by buying flood coverage? It seems so, according to a recent study. Millennials — those born between...
Jul 1 2019 // The private flood insurance grew again in 2018 but not nearly as much as it grew in 2017. According to the recently released Carrier Management report on “Top Private Flood Insurers, 2019 Market Study,” during...
Jun 28 2019 // JBA Risk Management and FloodFlash have formed a partnership to provide event-based flood insurance, which uses parametric triggers for property exposures.The product is an industry first and will provide bespoke insurance...
Jun 27 2019 // The Florida Legislature looked at and passed many pieces of legislation in the 2019 session that will impact the insurance industry. The following are summaries of what passed — and what didn’t. HB 7065 – AOB...
Jun 26 2019 // Most of a $1.25 million settlement will go to residents of a mid-Michigan city who sued after sewage flooded their basements six years ago.The Lansing State Journal reported that the Lansing City Council agreed to the...
Jun 26 2019 // Catastrophe risk modeling firm AIR Worldwide announced it has released an expanded inland flood model for Central Europe to include the country of Poland in its model domain.AIR also announced that it has updated the storm...
Jun 25 2019 // Illinois Gov. J.B. Pritzker has issued disaster proclamations for two more counties affected by flooding.Pritzker added Knox and Henry counties in western Illinois to the counties receiving disaster proclamations. That...
Jun 25 2019 // A floodgate in Mississippi has reopened as the Mississippi River falls, allowing a months-long flood in parts of the Mississippi Delta to begin draining.The U.S. Army Corps of Engineers says it opened the Steele Bayou...
Jun 25 2019 // The North Carolina Department of Insurance has set up five flood insurance conferences statewide between July and September designed to educate the public, insurance and real estate agents of the need to purchase flood...
Jun 24 2019 // The Arkansas River remains too high and fast to assess flood damage in the Little Rock area, officials say.The U.S. Army Corps of Engineers said the removal of silt and the restoration of the channel for barge traffic are...
Jun 21 2019 // Severe storms containing heavy rains and strong winds have spurred flooding in the suburbs of Philadelphia, disrupting travel and damaging some property. The storms started Wednesday night and continued for several hours...
Jun 21 2019 // Compared with 2017, last year’s hurricane season was a relatively quiet one for the Gulf Coast states of Louisiana and Texas, with major U.S. storm systems such as Hurricanes Michael and Florence staying well to the...
Jun 20 2019 // Federal disaster assistance has been approved for four more Oklahoma counties affected by severe storms, flooding and tornadoes last month.Gov. Kevin Stitt said the Federal Emergency Management Agency had added Cherokee,...
Jun 20 2019 // A suburb of Omaha, Nebraska, has condemned 195 flood-damaged homes, but it’s unclear who will be paying the expected bill of more than $1 million to raze them.The Bellevue City Council has decided that the mobile and...
Jun 20 2019 // Gov. Henry McMaster started his Saturday in a South Carolina town devastated by flooding twice in three years to try to help make things better in the short and the long term.McMaster and other volunteers helped clean...
Jun 19 2019 // Investigators will consider storm-related flooding to help determine what caused an April 24 freight train derailment in North Texas that sent 25 tanker cars off the tracks.The National Transportation Safety Board on...
Jun 19 2019 // The big day is coming! I suspect by now, you’ve heard a great deal about the implementation of provisions of the Biggert-Waters Flood Insurance Reform Act of 2012, requiring regulated institutions to accept certain...
Jun 19 2019 // This is a bad year for people who make their living from seafood in Louisiana and Mississippi. Floods from the Midwest are killing oysters, and driving crabs, shrimp and finfish out of bays and marshes, into saltier water...
Jun 19 2019 // The National Flood Insurance Program (NFIP) was originally created by Congress to transfer U.S. flood insurance risk to private insurers. However, in 1978, (when private insurance carriers assumed over 40 percent of the...
Jun 17 2019 // The city of New Orleans is using a $12.5 million grant to elevate more than 50 houses that have experienced repeated flooding.The city says in a news release that the money comes from the Federal Emergency Management...