flood insurance

Hurricane Katrina

A lack of hurricanes is not all good for insurers

Aug 26, 2014
Without the occasional natural disaster, insurance companies must compete on price.
Posted In: flood insurance, hurricane, Hurricane Katrina
Flooding in Chicago, April 2013

Who will pay for climate change? Not us, insurer says

May 14, 2014
One insurer sues Chicago, saying the city could have prevented flood damage from a predicted downpour.
Posted In: Chicago, flood insurance

As FEMA expands flood zones, residents fear insurance hikes

Jul 8, 2013
FEMA is updating its flood maps to expand areas deemed at risk of damage -- and that’s striking fear in communities that could be deluged with higher insurance bills.
Posted In: FEMA, Hurricane Sandy, flood insurance, flood

More areas becoming uninsurable due to volatile weather

Jun 25, 2013
A new report predicts rising sea levels and more volatile weather will make more beachfront areas uninsurable.
Posted In: flood insurance, home insurance, Florida, climate change

2012 was a costly year for severe weather

Dec 24, 2012
Losses from hurricanes, tornadoes, drought and other severe weather events totaled more than any other year besides 2005, the year of Hurricane Katrina.
Posted In: natural disasters, Hurricane Sandy, drought, flood insurance

Moral hazard: Should taxpayers have to bail out disaster-prone regions?

Nov 21, 2012
When a hurricane costs billions to clean up, who should foot the bill?
Posted In: Hurricane Sandy, flood insurance