January 25, 2015
New York’s attorney general has opened a criminal probe into accusations by Hurricane Sandy victims that insurance companies rejected claims for flood damage to their properties based on falsified engineering reports, a person familiar with the matter said. New York …
December 28, 2014
When Superstorm Sandy hit the East Coast, flood insurance companies working for the Federal Emergency Management Agency dispatched an army of structural engineers to do some detective work. Their assignment: Find out how much damage to policyholders’ homes was caused …
December 22, 2014
The Federal Emergency Management Agency (FEMA) has launched the interim office of the Flood Insurance Advocate. The interim office will be led by Acting Flood Insurance Advocate David Stearrett beginning Dec. 22. Stearrett most recently served as chief of Floodplain …
December 15, 2014
When Superstorm Sandy left Denise Erickson’s home with a collapsed foundation, a loan from the Small Business Administration looked like the best deal in town. She got more than $150,000 from the SBA to help fix her family’s Bellmore home …
December 11, 2014
The city of Louisville and Winston County in Mississippi are being given $3.9 million in federal funds to assist with removal of debris from an April tornado. The money has been approved by the Federal Emergency Management Agency. The announcement …
December 9, 2014
A Travelers Cos. unit and other flood insurers accused by Hurricane Sandy victims in New York of using falsified engineering reports must turn over the drafts to policyholders, a three-judge panel ruled amid allegations that manipulation may have been widespread. …
December 7, 2014
A Travelers Cos. unit was sued by two New York homeowners who accused it of using a doctored engineering report to reject much of their claim for flood damage from Hurricane Sandy, making it the third insurer to face such …
December 6, 2014
Federal emergency officials are taking new steps to address concerns from homeowners still struggling to rebuild after Superstorm Sandy more than two years ago, New Jersey and New York lawmakers announced on Friday, Dec. 5. U.S. Sen. Robert Menendez, D-N.J., …
December 6, 2014
Communities in western New York are tallying the costs of last month’s epic snowstorm to see if it meets the threshold for federal assistance. The storm cost Erie County government at least $7.5 million in damage, overtime and snow removal …
December 4, 2014
A couple claiming damage from Hurricane Sandy filed court papers accusing a Hartford Financial Services Group Inc. unit, an engineering firm and a law firm for the insurer of engaging in racketeering by scheming to use fraudulent reports to deny …