New York Sen. Charles Schumer says New York expects to get tens of billions of dollars in federal money to cover damages from Superstorm Sandy.
He says he and other New York officials are staging an intense lobbying effort in Washington to make sure the money is approved before year’s end.
The supplemental federal funds for New York under discussion top $40 billion.
Schumer says the money should cover destroyed homes, transit systems, hospitals and small businesses.
The senator says more than 300,000 homes had “serious damage.”
Topics New York
Was this article valuable?
Here are more articles you may enjoy.
Florida Insurance Costs 14.5% Lower Than Without Reforms, Report Finds
AIG Underwriting Income Up 48% in Q4 on North America Commercial
Insurify Starts App With ChatGPT to Allow Consumers to Shop for Insurance
How One Fla. Insurance Agent Allegedly Used Another’s License to Swipe Commissions 

