March 4, 2013
The New York Department of Financial Services says five of the state’s largest banks and mortgage services will have representatives available this week to help homeowners cash insurance settlement checks from Superstorm Sandy. Lender representatives will be at Disaster Assistance …
March 1, 2013
New Jersey Gov. Chris Christie says federal flood insurance claims from Superstorm Sandy are being paid too slowly.Christie stepped up criticism of the federal program on Townsquare Media’s “Ask the Governor” program Wednesday.
February 28, 2013
New York regulators said this week insurers would be required to follow additional rules to expedite the resolution of remaining Sandy-related claims in New York. These new regulations will now cut the amount of time an insurer can delay its …
February 27, 2013
The Federal Emergency Management Agency has released new advisory maps for Manhattan that include the World Trade Center site in the zone seen as most at risk for flooding during a powerful coastal storm.The maps released this week were in …
February 26, 2013
New Jersey Gov. Chris Christie announced Monday his administration’s plan to offer a mediation program option to Sandy victims who are in dispute with their insurers.New York Gov. Andrew Cuomo also unveiled a similar program that seeks to expedite the …
February 25, 2013
XL Insurance America Inc. and Fisker Automotive Inc. reached an agreement last week over an insurance dispute involving hundreds of hybrid cars at a New Jersey port that got wrecked by Superstorm Sandy. “Fisker Automotive and XL Insurance America were …
February 25, 2013
The New York regulators’ latest Sandy response report cards show 272,878 Sandy-related claims — representing 70 percent of some 389,801 Sandy claims filed in the state — have been closed with payment, as of Feb. 15. Additionally, some 68,247 claims, …
February 21, 2013
Doug and Joyce Popaca were accustomed to storms, having lived in Mantoloking near the ocean for 37 years. So when Superstorm Sandy barreled up the coast last October, the couple left their home with scarcely more than a change of …
February 21, 2013
The National Insurance Crime Bureau (NICB) today announced revised estimates for the number of vehicles damaged as a result of Superstorm Sandy. The current estimate of vehicles damaged as a result of Sandy is now set at 250,500 based on …
February 20, 2013
On the surface, things look calm and placid. Just beneath the waterline, however, it’s a different story. Cars and sunken boats. Patio furniture. Pieces of docks. Entire houses. A grandfather clock, deposited in a marsh a mile (1.6 kilometers) from …