Hurricane Sandy flood insurance News

Entire Mississippi Delegation Urged to Support Sandy Disaster Relief

A Democratic Mississippi lawmaker said he’s filing a resolution that urges Mississippi’s entire congressional delegation to support federal spending for Hurricane Sandy recovery. The resolution by Rep. David Baria of Bay St. Louis isn’t expected to mention Republican U.S. Rep. …

House to Vote on Flood Insurance Funds on Friday; Sandy Aid Later

Under fire from fellow Republicans from Sandy-stricken New York and New Jersey, House Speaker John Boehner, R-Ohio, today agreed to hold two separate votes on storm relief including one vote on Friday to make about $9 billion available to the …

White House $60 Billion Sandy Relief Request Includes Flood Insurance Funding

The White House has officially asked Congress to authorize $60.4 billion in federal spending for response, recovery and mitigation related to Hurricane Sandy damage in all affected states. The request, in a letter to the House of Representatives last Friday, …

Commentary: After Sandy, Time to Reconsider Owning a Beach House?

The scenes rolling in from the New Jersey shore are devastating, and not just to the people whose homes were destroyed. Also damaged are the “retire with a water view” dreams of others who had aspired to vacation property and …

P/C Insurers Can Handle Sandy Losses; Flood Program to Bear Brunt

Ratings analysts at A.M. Best Co. said that it is likely that the brunt of Hurricane Sandy’s financial impact will fall on the National Flood Insurance Program (NFIP), which is responsible for almost all flood coverage in the country. For …