Flood insurance

More than 200 people have died and thousands of homes were destroyed in Spain's worst natural disaster since 1962.

Contentious insurance commissioner races, as well as potential policy changes are at stake this election season for insurers.

Digital Insurance spoke with Behzad Salehoun, Canada insurance lead at Capco, about how insurers are navigating severe and frequent weather events with advanced data techniques and climate science.

Advances in technology could help insurers better predict climate events.

Many homeowners don't realize they are uninsured or under-insured for storm surge and flooding.

Estimates for insured losses from Hurricane Helene have climbed to as much as $14 billion, even as insurers are preparing for more devastation from Hurricane Milton.

Severe repetitive loss (SRL) properties are a growing category.

The destruction from Hurricane Helene is expected to cost insurers roughly $6.4 billion, according to an early estimate from catastrophe modeling firm Karen Clark & Company.

As historic floodwaters unleashed by Hurricane Helene recede across the U.S. Southeast, the region faces a humanitarian, economic and ecological crisis of staggering scope, with effects likely to last years.

State and federal relief efforts are stepping in to help areas hit by Helene that are not covered by flood insurance.

Data from Neptune Flood reveals the lack of coverage from homeowners and business owners facing the storm's deadly destruction.

From Indiana to Florida, more than 3.2 million customers are without power with South Carolina accounting for about 31%, according to PowerOutage.us.

The program lapsing would've precluded mortgage applicants from closing on home loans without the required coverage in federally designated flood zones.

Central Europe's insured flood losses will likely be €2 billion ($2.2 billion) to €3 billion, Global reinsurance broker Gallagher Re estimates.

The Federal Housing Finance Agency has agreed to more regular checks on the government-sponsored enterprises' flood compliance, which impacts mortgage companies.

Now weakened to a tropical depression, Francine will continue to travel inland in the southeastern U.S.

The Community Rating System encourages communities to exceed the standards set by the National Flood Insurance Program.

A majority of states listed saw a decrease in properties with flood insurance coverage between 2023 and 2024.

A Billings, Montana-based First Interstate Bank agreed to a five-figure penalty to resolve charges it engaged in National Flood Insurance Act violations.

As high temperatures break records around the US and wildfires rip through the West, another climate-driven weather hazard — extreme rainfall — is pummeling the country's Northeast and scientists say it will get worse as the climate changes.