All the headlines from our Flood Topic Page, ordered by recency.
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...
Jan 7 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 7 2019 // Caution Advised“I encourage New Yorkers to exercise caution when disclosing sensitive personal information.” — New York Attorney General Barbara D. Underwood warned in a press release announcing that a...
Jan 7 2019 // Lessons from Past Storms and Economic Changes Suggest Rebuilding Efforts After Florence Will Be ArduousAs the saying goes – location is everything. Following the two largest U.S. hurricanes this year, Hurricane...
Jan 3 2019 // The city of Long Beach, Calif. is soliciting help from its citizens to come up with a plan to deal with climate change.The coastal city of roughly half-a-million, which was an early adopter of the ban on plastic bags and...
Dec 28 2018 // Last Friday evening, the Federal Emergency Management Agency (FEMA) announced that the National Flood Insurance Program (NFIP) will resume the normal sale of new insurance policies and the renewal of expiring policies.This...
Dec 28 2018 // Gov. Henry McMaster isn’t taking three once-in-a-lifetime floods in South Carolina in four years lightly.He created a commission of dozens of government officials, business leaders and academic experts and told them...
Dec 27 2018 // Missouri landowners and environmentalists are urging a federal agency to sanction a levee district on the Illinois side of the Mississippi River, arguing that the earthen barrier has been built above its authorized height,...
Dec 27 2018 // As indicated by a report by Insurance Journal over the holidays, the Federal Emergency Management Agency (FEMA) is limiting the authority of the nation’s flood insurance program to issue new and renewal policies...
Dec 22 2018 // On Friday, December 21, 2018, President Trump signed into law a measure reauthorizing the National Flood Insurance Program until May 31, 2019. The flood program was set to expire at midnight on Dec. 21.However, the partial...
Dec 17 2018 // A Louisiana program helping people affected by the 2016 floods is offering buyouts to those living in especially hazardous areas, state officials said.Restore Louisiana officials said that homeowners in floodways can...