Superstorm Sandy News

After Sandy, Only a Lucky Few Getting Buyouts

The forces of nature had been threatening the Oakwood Beach neighborhood in Staten Island, New York City, for years, flooding the streets every time it rained, sending crabs skittering into bungalows and swamping basements so regularly that it was just …

Sandy Left-Behinds Brace for Second Year With Relief Elusive

For more than a half-century, Whitey’s Landing on New Jersey’s Barnegat Bay has served boaters pulling up for engine repairs or clams from the bait freezer. This season, only one-third of its 30 moorings were leased, and fuel sales were …

Survey: Many Sandy-Impacted Small Biz in N.Y. Unprepared for Another Storm

A year after Superstorm Sandy, a new survey of small business owners and managers in the metropolitan New York City area found that nearly 30 percent of respondents affected by the storm would be forced to make staffing cuts in …

Geneva Association Calls on Governments to Act on Disaster Risks

In recognition of the impact wrought by Superstorm Sandy – $68 billion, the second biggest natural catastrophe loss in U.S. history – and the recent release of the IPCC’s climate report, the Geneva Association has issued a call to governments …

N.J.’s Sandy Victims Tell State Panel: Insurance, Red Tape Are Horrendous

Nearly a year after Superstorm Sandy, victims of the storm told a New Jersey state panel that insurance woes and bureaucratic red tape are doing just as much damage as the storm. At a New Jersey Senate hearing Monday in …

Study: Due to Rising Sea Levels, Small Storms Could Produce Significant Flooding

Almost a year after Superstorm Sandy, parts of New York and New Jersey are still recovering from billions of dollars in flood damage. And a new study says that in the future, storms smaller than Sandy may be able to …

Allianz: A Year After Sandy, Many Firms Still Haven’t Implemented Adequate Changes

As the one-year anniversary of Superstorm Sandy approaches in late October, Allianz Group’s specialist corporate insurer, Allianz Global Corporate & Specialty (AGCS), warns that while there is heightened awareness, many businesses have not yet implemented adequate changes. Allianz said many …

Many New Yorkers Say City’s Storm Risk Rising: Swiss Re Survey

With Superstorm Sandy’s one-year anniversary approaching, 51 percent of New Yorkers believe that the risk of their city being hit by another powerful storm will increase over the next two decades, according to a recent survey. The survey, from global …

New York City Buys 1st Superstorm Sandy-Damaged Home

New York City announced its first purchase of a home damaged by Superstorm Sandy on Oct. 10, acquiring property from a Staten Island woman whose husband and daughter were killed during the historic storm. Mayor Michael Bloomberg announced the purchase, …

Rhode Island Lawmakers Get Grim Report on Sea Level Rise

Sea levels will rise in Rhode Island by as much as 5 feet as climate change reshapes the coastline over the next century, the state’s top coastal resource official told lawmakers on Oct. 10. In a grim presentation to a …