Flood Insurance News

N.Y. Assemblyman Proposes State-Run Flood Insurance

A New York State assemblyman says he will introduce a bill to create a state-run flood insurance program designed to serve New York homeowners in flood-prone communities. Assemblyman Phillip Goldfeder (D-Queens) announced the plan on March 1 to introduce new …

Senator: FEMA Will Re-examine More Cases, Reform NFIP Claims Process

A top Federal Emergency Management Agency (FEMA) official has committed to taking aggressive steps to make sure victims of Superstorm Sandy get “every penny to which they’re entitled” from their national flood insurance claims, said U.S. Senator Robert Menendez (D-NJ). …

N.J. Congressman Calls for FEMA Chief’s Resignation

A New Jersey congressman is asking for the resignation of Federal Emergency Management Agency (FEMA) Administrator W. Craig Fugate and an immediate investigation into FEMA after reports that FEMA was aware of allegedly fraudulent engineering reports that may have been …

Hurricane Sandy Victims Reach First Set of FEMA Insurance Settlements

Federal disaster assistance officials have begun reaching settlements with more than 1,000 Hurricane Sandy victims who allege they were unfairly denied flood insurance claims or paid too little for them. Lawyers for property owners told federal magistrate judges overseeing lawsuits …

FEMA Exec Tells ’60 Minutes’ He’s Seen Evidence of Fraudulent Reports

The head of Federal Emergency Management Agency’s (FEMA) flood insurance program acknowledged he has seen evidence of fraudulent engineering reports that may have been used to deny flood claims by Superstorm Sandy victims, according to CBS’s “60 Minutes” program that …

Twice-Wounded Sandy Victims Seek Payout as FEMA Presses Insurers

Some homeowners hit by Hurricane Sandy say they’ve been victimized twice: first by the storm and later by insurers. John Clancy says his insurer, an Allstate Corp. unit, paid just $46,000 of the more than $200,000 in repairs needed on …

New Jersey’s U.S. Senators Seek Probe of Any Sandy Insurer Fraud

New Jersey’s U.S. senators want the state attorney general’s office to investigate possible fraud by insurance companies following Superstorm Sandy. Sens. Robert Menendez and Cory Booker asked Acting Attorney General John Jay Hoffman to investigate any fraud by insurers looking …

Long Island Engineering Firm Raided in Sandy Investigation

The New York attorney general’s office executed a search warrant Wednesday at a Long Island engineering firm that has been accused in civil lawsuits of submitting bogus inspection reports on homes damaged by Superstorm Sandy. Investigators worked throughout the day …

Hope for Avoiding ‘Flood Insurance Nightmare’ Lies in Red River Levee Work

The threat of a flood insurance nightmare in Louisiana’s Rapides Parish and elsewhere was delayed, but not eliminated, by Congress last year. But the threat is slowly diminishing as work proceeds to fix deficiencies in the Red River levees to …

FEMA in Talks to Settle Sandy Flood Insurance Claims

The Federal Emergency Management Agency is working to settle lawsuits by hundreds of Hurricane Sandy victims who challenged denials or alleged underpayments of flood insurance claims. Brad Kieserman, deputy associate administrator for insurance at FEMA, disclosed the settlement talks during …