Aj Buys 76 Acres For Flood Prevention Facility - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Property and Casualty News
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Advertise
    • Contact
    • Editorial Staff
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Property and Casualty News RSS Get our newsletter
Order Prints
August 12, 2025 Property and Casualty News
Share
Share
Tweet
Email

Aj Buys 76 Acres For Flood Prevention Facility

Noah CullenCasa Grande Dispatch

APACHE JUNCTION - The city of Apache Junction announced July 30 that it had purchased 76 acres for its federally funded Weekes Wash Regional Multi-Use Retention Facility project.

Federal Emergency Management Agency funding went to the project in 2023 - the largest grant by the federal agency in Arizona at $44.5 million - but it still has some hoops to jump through before it becomes a reality.

But now, the city has the land on which it can be built.

The Weekes Wash facility is a project intended to reduce flood risk for around 4,000 properties situated around the wash by blocking and rerouting floodwater and debris.

Additionally, "the facility is expected to improve public safety for our first responders who undertake substantial risks during search and rescue operations, protect utility infrastructure, reduce post-storm cleanup costs and potentially remove many downstream properties from the FEMA-designated floodplain, saving residents on flood insurance premiums and improving overall quality of life," the July 30 Apache Junction press release read.

According to a FEMA map, Weekes Wash is designated as a special flood hazard area.

This project came about in part after particularly damaging floods during a July 2022 monsoon rainstorm. Dangerous conditions were caused as well as damage to residential and commercial properties when one to three inches of rain fell in two hours.

City of Apache Junction officials applied for the FEMA grant, among others, in order to mitigate future events.

The catastrophic flooding in Texas earlier this month that claimed the lives of at least 136 people, with more than 100 dead alone in Kerr County, continues to raise major questions about flood preparedness, alert systems, rescue efforts and federal aid assistance.

The Texas flooding placed front-andcenter the urgency and importance of preparedness for lightning fast flash flooding.

The project is not yet fully funded and the city is looking into pursuing a couple different avenues - including a Water Infrastructure Finance Authority of Arizona loan or partnerships with "regional stakeholders" - to cover the projected total of $80 to $100 million.

Now, and since the grant was awarded in 2023, the project is placed under an Environmental and Historic Preservation Review. When cleared, more evaluations and design tweaking will commence before, finally, onsite construction can start.

Older

Commentary: Venus Williams exposed all that’s wrong with health insurance

Newer

From a prominent banker to a chance mayor: How Carlos Carballada quietly served Rochester

Advisor News

  • RICKETTS RECAPS 2025, A YEAR OF DELIVERING WINS FOR NEBRASKANS
  • 5 things I wish I knew before leaving my broker-dealer
  • Global economic growth will moderate as the labor force shrinks
  • Estate planning during the great wealth transfer
  • Main Street families need trusted financial guidance to navigate the new Trump Accounts
More Advisor News

Annuity News

  • An Application for the Trademark “DYNAMIC RETIREMENT MANAGER” Has Been Filed by Great-West Life & Annuity Insurance Company: Great-West Life & Annuity Insurance Company
  • Product understanding will drive the future of insurance
  • Prudential launches FlexGuard 2.0 RILA
  • Lincoln Financial Introduces First Capital Group ETF Strategy for Fixed Indexed Annuities
  • Iowa defends Athene pension risk transfer deal in Lockheed Martin lawsuit
More Annuity News

Health/Employee Benefits News

  • Our View: State failed Hoosiers on Medicaid
  • Researchers at Johns Hopkins University School of Nursing Report New Data on Managed Care (The Quality Incentive Program and Patient-Centered Dialysis Care: Mastering the Numbers): Managed Care
  • Studies from Geriatric Research Education and Clinical Center Have Provided New Information about Managed Care (Effects of Functional Impairments and Frailty on the Association of Cognitive Impairment with Total Healthcare Costs: A Prospective …): Managed Care
  • Report Summarizes Asthma Study Findings from University of Massachusetts Amherst (Parent-identified opportunities for improving asthma care for children insured by Medicaid following implementation of statewide Medicaid Accountable Care …): Lung Diseases and Conditions – Asthma
  • GOP won’t allow vote on Obamacare premium relief as credits near end. Now what?
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • The 2025-2026 risk agenda for insurers
  • Jackson Names Alison Reed Head of Distribution
  • Consumer group calls on life insurers to improve flexible premium policy practices
  • Best’s Market Segment Report: Hong Kong’s Non-Life Insurance Segment Shows Growth and Resilience Amid Market Challenges
  • Product understanding will drive the future of insurance
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Slow Me the Money
Slow down RMDs … and RMD taxes … with a QLAC. Click to learn how.

ICMG 2026: 3 Days to Transform Your Business
Speed Networking, deal-making, and insights that spark real growth — all in Miami.

Your trusted annuity partner.
Knighthead Life provides dependable annuities that help your clients retire with confidence.

Press Releases

  • Two industry finance experts join National Life Group amid accelerated growth
  • National Life Group Announces Leadership Transition at Equity Services, Inc.
  • SandStone Insurance Partners Welcomes Industry Veteran, Rhonda Waskie, as Senior Account Executive
  • Springline Advisory Announces Partnership With Software And Consulting Firm Actuarial Resources Corporation
  • Insuraviews Closes New Funding Round Led by Idea Fund to Scale Market Intelligence Platform
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Advertise
  • Contact
  • Editorial Staff
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2025 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet