All the headlines from our Flood Topic Page, ordered by recency.
Jan 21 2019 // Tennessee Insurance Commissioner Julie Mix McPeak’s tenure as president of the National Association of Insurance Commissioners (NAIC) may have come to an end, but her work as an insurance regulator will continue for...
Jan 21 2019 // In its 2018 Biennial Report to the Legislature dated Dec. 14, 2018, the Texas Department of Insurance made several recommendations to state lawmakers regarding issues the agency believes are worth looking at in the...
Jan 18 2019 // Slow as molasses? This treacle didn’t trickle. It was a sticky, deadly tsunami that flattened an entire Boston neighborhood within seconds.This week the city marked the 100th anniversary of its most peculiar disaster...
Jan 17 2019 // Environmental risks continue to dominate long-term concerns, a new report shows.World Economic Forum’s Global Risks Report 2019 released on Wednesday included as collaborators Marsh & McLennan Cos. and Zurich...
Jan 17 2019 // Insured damage from severe weather events across Canada reached C$1.9 billion (US$1.4 billion) in 2018, according to the Insurance Bureau of Canada (IBC), quoting statistics from Catastrophe Indices and Quantification...
Jan 17 2019 // Cabrillo Coastal General Insurance Agency launched a flood endorsement for new or existing dwelling fire policies for its admitted program in Florida.The coverage follows Cabrillo Coastal’s launch of a flood...
Jan 15 2019 // Berkley One, a startup insurance provider targeting the high net worth personal lines market, has expanded into Florida and Ohio.Working with select independent agents, Berkley One offers home, automobile, fine art and...
Jan 14 2019 // Des Moines, Iowa, has spent about $10.5 million to buy 78 homes damaged by June’s flash flooding, and officials hope the move will prevent future flooding issues.Most of the residences are situated along Fourmile...
Jan 14 2019 // Two neighboring counties in southern Wisconsin are taking steps to address last year’s widespread flooding that drenched streets, damaged homes and caused lakes to spill over.Dane County has budgeted more than $18...
Jan 14 2019 // State Sen. Joan Huffman, R-Houston, has legislation that would require sellers of residential properties to notify buyers if a property is located in a flood-prone area — and whether it has previously flooded.Senate Bill...
Jan 14 2019 // Specialty insurance broker AmWINS Group has agreed to acquire The Flood Insurance Agency, a Florida-based managing general agency that specializes in private market flood insurance.Scott M. Purviance, chief executive...
Jan 11 2019 // Global reinsurance capital – comprising traditional and alternative capital – fell 2 percent in 2018 to US$595 billion from $605 billion in 2017, remaining resilient in the face of insured natural catastrophe losses of...
Jan 10 2019 // For the second time in three years, the lower Mississippi River is flooding in January.High water is moving downriver from the junction with the Ohio River at Cairo, Illinois, where the Ohio crested over the weekend. The...
Jan 9 2019 // In its 2018 Biennial Report, the Texas Department of Insurance made several recommendations to the legislature regarding issues the agency believes are worth looking at by lawmakers in the 2019 legislative session.One, at...
Jan 9 2019 // Tennessee Insurance Commissioner Julie Mix McPeak’s tenure as president of the National Association of Insurance Commissioners (NAIC) may have come to an end, but her work as an insurance regulator will continue for...
Jan 8 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 7 2019 // Montreal-based Co-operators is offering storm surge insurance for homeowners in Quebec and Manitoba, which completes the company’s product rollout to Canadian homeowners from coast to coast.Co-operators described its...
Jan 7 2019 // As Maxine Waters takes the gavel of the powerful House Financial Services Committee, it’s not clear whom she’ll end up disappointing more: business-friendly Democrats or progressive Democrats.Conservative...
Jan 7 2019 // Parts of Mississippi continue to deal with river flooding as rains continue to fall.The National Weather Service had a flood warning through Sunday night for Tallahala Creek at Laurel in Jones County. A warning was also in...
Jan 7 2019 // From big data and blockchain to autonomous vehicles and new technology that isn’t yet on the radar, “change is inevitable” for the insurance industry in 2019.“Insurance companies, insurance...