spring floods News

Gov. Rick Snyder has approved more than $2.7 million to provide financial assistance to Michigan counties and communities impacted by last spring’s flooding and last winter’s deep freeze. Eligible local governments were allowed to apply for assistance grants for up …

Insurers nursing hefty losses from severe spring floods in Europe face paying out a similar amount again after areas of Germany and France were repeatedly pounded by grapefruit-sized hail stones over the summer. Analysis from the reinsurance arm of broker …