Pluvial flooding can happen anywhere, even in areas not traditionally considered at risk of flooding. (Credit: Sergey/Adobe Stock)
Increasingly heavy rains are putting pressure on urban infrastructure and flooding unprepared areas, according to a report from Moody’s.
On Monday, intense rainfall caused flash flooding in New York, New Jersey and Connecticut. Roads and highways were closed, and subways flooded. Central Park recorded 2.64 inches of rain, an all-time high for July 14, and LaGuardia saw a record 1.66 inches.
Recommended For You
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:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
Corey Dahl
Corey Dahl is assistant editor with PropertyCasualty360.com. Reach her at [email protected].
