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 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 8, 2014
A used car dealer in New Jersey has been sentenced to three years in prison for selling vehicles damaged in Superstorm Sandy to unsuspecting customers. Jonathan Olin of Manalapan admitted orchestrating a scheme in which a Motor Vehicles Commission employee …
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 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 …
December 4, 2014
The insurance industry is being called out by an international research institution for its progressive attitude on climate change. A white paper put out by the nonprofit Urban Land Institute this week urges the real estate sector and government planners …
December 3, 2014
Plenty of oceanfront homeowners at the Jersey shore are unhappy with GOP Gov. Chris Christie’s plan to widen beaches and build protective sand dunes along the state’s entire 127-mile coastline. Among them is Lawrence Bathgate, one of the Republican Party’s …
December 3, 2014
A Hartford Financial Services Group Inc. unit was accused by a lawyer representing Hurricane Sandy victims of using a falsified damage report to dodge paying homeowner claims, the second insurer blamed in the last month for such a practice. The …
December 2, 2014
More than eight-in-10 Americans now believe the climate is changing – although they place that concern beneath issues like global political instability, economic crisis or a pandemic. Munich Re America’s inaugural 2014 Climate Change Barometer survey released on Tuesday shows …