floods News

South Africa’s Durban Area Hit by Heavy Floods, 45 Dead

JOHANNESBURG (AP) — Prolonged rains and flooding in the Durban area of South Africa have claimed the lives of at least 45 people, damaging the port, major highways and surrounding areas in KwaZulu-Natal province, according to local officials. South Africa’s …

US Crop Insurance Payouts Rise Sharply as Climate Change Worsens Droughts, Floods

Insurance payments to U.S. farmers for crops lost to droughts and flooding have risen more than threefold over the past 25 years, according to an analysis of federal data by the Environmental Working Group (EWG) released on Thursday. The report …

Climate Change ‘Steroid’ Contributed to $130B in Insured Losses Last Year-Aon

LONDON–Climate change played a part in insured losses from natural catastrophes that totalled $130 billion globally in 2021, the fourth-highest on record, broker Aon said in a report on Tuesday. Economic losses–the combination of insured and uninsured losses–reached $343 billion, …

‘Devastation’: Month After Floods, Slow Return to Normal

SUMAS, Wash. (AP)–Over a month has passed since flooding inundated northwest Washington’s Whatcom County that caused some $50 million in damage. As Roger De Bruin returned to his flood-damaged home in Sumas on Thursday, the word devastation came to his …

From Killer Heatwaves to Floods, Climate Change Worsened Weather Extremes in 2021

Extreme weather events in 2021 shattered records around the globe. Hundreds died in storms and heatwaves. Farmers struggled with drought, and in some cases with locust plagues. Wildfires set new records for carbon emissions, while swallowing forests, towns and homes. …

Floods Top of Mind as Canadian PM Trudeau Outlines Priorities to Parliament

OTTAWA — Canadian Prime Minister Justin Trudeau will add rebuilding from British Columbia’s devastating floods to his list of priorities when he outlines plans on Tuesday for the new parliamentary session, which include firmer measures to fight climate change. Trudeau’s …

Insurer Hiscox Earmarks $150M For Hurricane, Flood Losses

Hiscox has set aside $150 million to cover losses linked to Hurricane Ida and floods in Europe, the insurer said, above analysts’ expectations, while it reported strong premiums written this year thanks to rising rates. The Lloyd’s of London insurer …

46 Dead After Heavy Rains, Landslides in Northern India

LUCKNOW, India (AP) — At least 46 people have died and several are missing after floods triggered by heavy rains hit the northern Indian state of Uttarakhand, officials said Wednesday. Rescuers worked through the night to retrieve bodies stuck in …

Why Snow, Hail and Wildfire Are Expensive for the Insurance Industry

If you’re having trouble wrapping your mind around the scree of natural catastrophes currently plaguing the world—from deadly July floods in Germany and China to the wildfires still burning in Greece, California and Siberia —you may be interested to know …

Extreme Weather Sounds Alarm For Under-Insured China

BEIJING — Devastating summer floods in the populous province of Henan in central China are a wake-up call for local authorities to seek better insurance cover against natural disasters, potentially opening up a huge market for insurers in the country. …