All the headlines from our Flood Topic Page, ordered by recency.
Feb 11 2019 // One person was killed and others needed to be rescued in Tennessee as pounding rains caused flooding last week. The Cheatham County Sheriff’s Office posted on Facebook on Feb. 6 that one person was swept away and...
Feb 6 2019 // This post is part of a series sponsored by CoreLogic.When it comes to natural disasters, 2018 was an eventful year worldwide. Typhoons devastated the Philippines, Hong Kong, Japan and Oman. Earthquakes caused mass...
Feb 4 2019 // The Insurance Council of Australia (ICA) declared a catastrophe for insurance policyholders who have been affected by torrential rain and flooding in the northeastern Australian state of Queensland.“The Queensland...
Feb 4 2019 // Australia sweltered through its hottest month on record in January and the summer of extremes continued with wildfires razing the drought-parched south and flooding in expanses of the tropical north.Australia’s...
Feb 4 2019 // The private flood insurance industry made significant strides to insure more households against the peril of flood in 2018. Factor in recent major flood events and an ever-changing regulatory landscape, and the role of...
Feb 4 2019 // Nevada Seatbelts“Whether folks want to or not, it’s currently a secondary law in Nevada.” — Nevada Department of Public Safety spokesman Andrew Bennett believes seatbelts should be a primary law in...
Jan 31 2019 // The Federal Emergency Management Agency (FEMA) has renewed for the third year a reinsurance program that transfers future catastrophic flood insurance losses to the private sectorThe 2019 traditional reinsurance placement...
Jan 29 2019 // For the seventh year in a row, the Florida insurance industry, regulators, and consumer advocates will push for reforms to the state’s assignment of benefits issue that has now become an insurance crisis, according...
Jan 25 2019 // Texas state Sen. Kelly Hancock (R-North Richland Hills) has filed a legislative package addressing two significant concerns raised in the wake of Hurricane Harvey.Senate Bill 442 would require all homeowner’s...
Jan 25 2019 // Before the next Hurricane Harvey strikes, and thousands of homes are damaged or destroyed, some Texas lawmakers want to make sure communities statewide are better prepared for future floods. On Jan. 22, state Sen. Charles...
Jan 24 2019 // As insurers track both old and new risks heading into 2019, here’s one that carriers don’t typically consider: The White House.David Wessel, director of The Hutchins Center on Fiscal and Monetary Policy, cited...
Jan 24 2019 // Hurricane Florence caused extensive freshwater flood damage in the Carolinas and parts of Virginia in September—and about 70 percent of those flood losses will be uninsured, according to RMS.“The insured loss for...
Jan 24 2019 // The flood insurance protection gap in the United States is massive, but the take-up rate of private flood insurance continues to be low. The relative inability of private insurers to penetrate the flood insurance market...
Jan 24 2019 // The importance of drones and aerial imagery rose to a new level in the wake of 2018 natural catastrophes as insurers made them an integral part of their disaster recovery procedures, particularly following the hurricanes...
Jan 23 2019 // A program that helps people rebuild homes that were damaged or destroyed in West Virginia’s 2016 flood is being affected by the partial federal government shutdown. The Charleston Gazette-Mail reports a statement...
Jan 22 2019 // Bank of America Corp. worries flooded homeowners will default on their mortgages. The Walt Disney Co. is concerned its theme parks will get too hot for vacationers, while AT&T Inc. fears hurricanes and wildfires may...
Jan 22 2019 // The economic costs of last year’s 394 natural catastrophe events came to US$225 billion with insurance covering US$90 billion of the overall total, creating the fourth costliest year on record of insured losses,...
Jan 21 2019 // The costliest natural catastrophes occurred in the United States in 2018 with one of California’s devastating wildfires and Hurricane Michael topping the list, according to Munich Re.A report from Munich Re on last...
Jan 21 2019 // Finding Flood Solutions“How do we make water our friend? How do we accommodate it? How do we use it? We can’t fight it. It is with us forever.” — South Carolina Governor Henry McMaster asked the...
Jan 21 2019 // Even Governors Skeptical of Climate Change Can’t Avoid Need to Plan for Future Storms, FiresGovernors have a range of priorities they want to tackle in the coming year, from tax reform to education. Yet, one topic...