Live Insurance News

Floods Associated with Ex-Tropical Cyclone Strike Eastern Australia

January 29, 2013April 14, 2014 Guest Author

Floods Australia 2012 - 2013 Cyclone Season

According to catastrophe modeling firm AIR Worldwide, flooding has hit parts of eastern Australia, forcing thousands of residents to evacuate their homes. The heavy precipitation over the past week is associated with ex-tropical cyclone Oswald and was enhanced by a monsoon trough, an elongated area of low pressure that moved south along the Queensland coast into New South Wales. Floodwaters cut off rural communities, damaged homes, caused massive power outages, and disrupted coal mining operations. Water levels are slowly receding on most rivers, but dozens of flood warnings still remain…

Floods this summer could break records

July 10, 2011July 10, 2011 Marc

Forecasters have predicted that this summer could be accompanied by the worst flooding the United States has seen in its history, as rivers continue to run higher than flood levels and the soil is still saturated from the spring’s rising waters. The last record-breaking floods were in 1993, when $25 billion in damages occurred between the months of April and August within nine states. According to the National Weather Service, this year, the water levels haven’t receded much and the soil remains soaked so that it would take only a…