NU Online News Service, June 17, 3:35 p.m. EDT
|Flash floods in southeastern France have damaged hundreds ofhomes and killed 22 people, according to bulletin by GuyCarpenter's Instrat unit that cites various media reports.
|Heavy rain that started on June 15 and continued through thenext day triggered the floods, Guy Carpenter said, adding thatofficials maintain the death toll could rise.
|The French national meteorological service said the floods arethe worst in the region since 1827, according to Guy Carpenter.
|Catastrophe modeling firm Risk Management Solutions (RMS) alsoquoted the French meteorological service as stating that more rainis expected overnight tonight.
|RMS said rainfall accumulations have reached up to 12 inches insome areas since Tuesday.
|Under a law passed in 1982, France employs a public/privatesystem to cover flood losses.
|RMS said it does not have any insured loss estimates at thistime.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.