Latest Flood Headlines

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

Insured Losses for Floods in Southern Germany Estimated at €1.6B: PERILS

Jul 18 2024 // The recent floods in southern Germany will cost insurers an estimated €1.568 billion (US$1.7 billion), according to PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance...

Record Flooding and Tornadoes This Spring In Iowa Caused $130M in Damage

Jul 17 2024 // DES MOINES, Iowa (AP) — Record flooding and powerful tornadoes ravaged parts of Iowa for weeks this spring, destroying or damaging thousands of homes, closing roads and bridges and costing over $130 million in...

Viewpoint: FEMA Flood Rule Will Lead to Safer Rebuilding Post-Disaster

Jul 16 2024 // FEMA issued a new rule that will increase the nation’s resilience to future flood disasters. The rule is amongst the first adopted by a federal agency that will require federally funded projects to be sited and...

Michigan AG Reminds Residents to Avoid Scams After Flooding

Jul 15 2024 // Michigan Attorney General Dana Nessel is urging residents to be vigilant against scammers targeting those affected by the heavy rains from the remnants of Hurricane Beryl. The storm flooded communities, damaged homes, and...

Vermonters Assess Beryl Damage, Begin Cleanup One Year After Major Flooding

Jul 14 2024 // PLAINFIELD, Vt. — Volunteers, some with heavy equipment, shoveled river silt and mud from roads, homes, yards and driveways and removed flood-ravaged items from homes Friday in one of the Vermont communities hardest hit...

CBO Says Mortgage Subsidy Cost from Flood Damage to Hit $395M by 2053

Jul 12 2024 // Climate change is expected to increase the frequency and severity of floods in the U.S., posing greater risks to homeowners and mortgage lenders—and since flood damage tends to lower the market value of affected homes,...

Biden Administration Raises FEMA Bar for Flood Resilience

Jul 11 2024 // The US Federal Emergency Management Agency (FEMA) has finalized a rule mandating that projects built using its funds not only take into account previous and current levels of local flood risk, but for the first time...

Vermont Under Flood Watch on Anniversary of Last Year’s Severe Inundations

Jul 11 2024 // A flood watch was declared for much of Vermont on Wednesday — the anniversary of last summer’s severe flooding — and also Thursday, with heavy rains in the forecast.As Gov. Phil Scott and other officials...

Pennsylvania Task Force Urges Tax Breaks for Flood Damage, Mitigation and Insurance

Jul 8 2024 // Pennsylvania lawmakers should consider granting homeowners tax breaks for water damage expenses, mitigation and repair costs, and flood insurance premiums, according to a new state report.Those are several of the...

Worsening Floods Pose Threat to US Dam Safety

Jul 5 2024 // ST. LOUIS (AP) — Early last week, floodwater in rural Minnesota pushed debris against a more than century-old dam and then carved a path around it, eroding so much of the riverbank that most of a house fell into the...

North Carolina, Florida Home Sellers Facing New Flood Disclosure Requirements

Jul 2 2024 // As of this week, home sellers in North Carolina must now disclose previous flood damage to properties. And come Oct. 1, Floridians must make similar disclosures, potentially boosting the demand for flood insurance.The...

Study: Hurricanes Harvey, Irma Triggered Uptick in Flood Insurance

Jul 1 2024 // Short but severe flooding that followed hurricanes Harvey and Irma in 2017 triggered a nationwide increase in flood insurance take-up driven by a county’s social network proximity to flooded areas, says a new...

House Collapses Into Flood-Swollen River Near Minnesota Dam Amid Storms

Jun 28 2024 // DES MOINES, Iowa (AP) — A house that was teetering on the edge of an eroding riverbank near a Minnesota dam collapsed into the river in the latest jarring example of extreme weather gripping the upper Midwest.Video shows...

Floodwaters Inundate Midwest, Where Flood Insurance is Rarely In Force

Jun 26 2024 // Floodwaters damaged hundreds of properties this week across parts of Nebraska, Iowa, Minnesota and South Dakota as the Midwest recovers from days of intense rainfall.Three days of torrential downpours resulted in as much...

Floodwaters Force People From Homes in Some Parts of Iowa

Jun 24 2024 // Floodwaters forced people out of their homes in parts of Iowa, the result of weeks of rain, while much of the United States longed for relief Saturday from yet another round of extraordinary heat.Sirens blared at 2 a.m. in...

Markets/Coverages: FloodFlash Offers Parametric Flood Product Across US

Jun 24 2024 // FloodFlash announced its expansion to cover all mainland US locations.The sensor-enabled parametric flood insurer provides flood coverage in excess of the National Flood Insurance Program (NFIP) where the private markets...

Europe Braces for Heat Following Greek Fires and Swiss Floods

Jun 24 2024 // European capitals are bracing for heat wave conditions, following wildfires in Greece and flooding in Switzerland over the weekend.High pressure over southern Scandinavian will bring the highest temperatures this year to...

Coverage Needed: Hundreds of Thousands in SE Now in Flood Zones With New Maps

Jun 24 2024 // Many more properties, including hundreds of thousands of homes across Florida and other parts of the Southeast, will be required to purchase flood insurance after July 31, due to revisions in federal flood maps.For some of...

Insured Losses from Recent South Florida Floods Reaching into the Millions

Jun 21 2024 // Recent flooding in south Florida caused insured losses in the hundreds of millions of dollars, from auto and homeowners claims, Aon and AM Best reported.The Florida Office of Insurance Regulation is also reminding insurers...

Southern Germany Floods to Cost Insurers $2.6 Billion-$3.9 Billion: Verisk

Jun 20 2024 // Estimated insured losses from flooding, which hit Southern Germany on May 15-June 5, will range from €2.4 billion (US$2.6 billion) to €3.6 billion (US$3.9 billion), according to Verisk, the data analytics and...