The New Jersey Assembly’s financial institutions and insurance committee gave approval Monday, Jan. 14, to a recently introduced bill that seeks to make it easier for homeowners to understand what their policy covers and does not cover. The bill, A3642, …
The New Jersey shore town of Bradley Beach came through Superstorm Sandy in better shape than many of its neighbors that sustained serious to catastrophic damage from the waves and storm surge.A major reason: Bradley Beach had protective sand dunes …
New York Sen. Charles Schumer, D- N.Y., says the second part of the Sandy relief aid package includes as much as $1 billion to help homeowners deal with mold remediation.Schumer estimates as many as 300,000 homes in New York alone …
Since Superstorm Sandy slammed into the New Jersey coastline on Oct. 29, 2012, dozens of insurers and reinsurers have publicly announced their Sandy-related preliminary loss estimates. The following are the latest company-specific estimates as of Jan. 8, 2013 (in alphabetical …
The utterly mundane task of bringing a garbage can back from the curb put a broad grin on Guy Mazzanti’s face Monday, Jan 7. Seaside Heights’ retired police commissioner had been living with a daughter in Maryland since Superstorm Sandy …
Tricia McAvoy is busily preparing for a Christmas party — now set for next summer. She’s making a list of who to invite to a party she’s having. She’s planning the food and drink menu, mentally checking off what can …
Images of New Jersey’s devastated shoreline captivated the nation in the days after Superstorm Sandy.Less noticed was the enormous damage caused inland when earthen barriers along or near the Hackensack River were breached, sending a tidal surge washing over parts …
The N.J. Banking and Insurance Department’s Acting Commissioner Ken Kobylowski issued a bulletin last week to all public adjusters reminding them that the fees they charge consumers must be reasonably related to services performed. The bulletin also informed public adjusters …
Alleghany Corporation said this week its preliminary estimate of after-tax loss related to Sandy — net of reinsurance and reinstatement premiums — would be approximately $288 million. Alleghany said this estimate reflects a consolidated pre-tax loss estimate, net of reinsurance …
Architects, engineers, real estate experts and lawmakers are gathering to discuss how to make New York City buildings better able to withstand storms and global warming. The city’s Building Resiliency Task Force met for the first time Wednesday. It’s due …
