January 6, 2013
Even as Congress passed the first part of an aid package for victims of Superstorm Sandy, many victims seethed, wondering why it took so long. The $9.7 billion measure approved on Friday, Jan. 4, allows the National Flood Insurance Program …
January 4, 2013
Last year may not have measured up to 2011 in terms total damages or havoc wreaked, but the nearly dozen recorded billion-dollar weather related events still ranks as impressive. That’s according to the National Oceanic and Atmospheric Administration, which recently …
January 2, 2013
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 …
January 2, 2013
The U.S. House of Representatives adjourned on Tuesday night without acting on a $60.4 billion Superstorm Sandy disaster aid bill, prompting angry denunciations from members from the states hardest hit by the storm.”I have just been informed that we will …
December 28, 2012
An initiative that sends workers into storm-damaged Staten Island homes in New York to make electrical repairs for free is being suspended because officials say it’s getting expensive.Borough President James Molinaro tells the Staten Island Advance in a story published …
December 26, 2012
The Navigators Group Inc. announced on Dec. 21 that its preliminary estimate of losses relating to Superstorm Sandy ranges between $18 million and $25 million, net of reinsurance and the effects of reinstatement premiums.The Rye Brook, N.Y.-based Navigators Group’s preliminary …
December 26, 2012
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 …
December 21, 2012
The Robin Hood Foundation says it is beginning to distribute $50 million in proceeds from last week’s benefit concert to organizations helping victims of Superstorm Sandy.Madison Square Garden spokeswoman Michelle Isaacs said Wednesday the money was raised through ticket sales, …
December 21, 2012
Homeowners, businesses, and municipalities in the tri-state area continue to rebuild and rebound from Superstorm Sandy. Often, large-scale devastation and destruction are followed by lawsuits against individuals and entities allegedly responsible for protecting, managing, and maintaining the damaged buildings. A …
December 21, 2012
Fine art insurers face claims of up to half a billion dollars, their biggest ever payout, to compensate the owners of artwork destroyed when Superstorm Sandy flooded galleries in New York. Work by 1960s graphic artist and illustrator Peter Max …