With more than 52,000 Sandy-related claims filed to date, New Jersey Manufacturers Insurance Company said it anticipates that payouts to policyholders who have suffered covered losses could exceed $300 million — four times what it paid as a result of …
The Fire Department of the City of New York (FDNY) responded to about 37 percent more fires last month.Officials blame the spike on the aftermath of Superstorm Sandy.
The Travelers Companies Inc. announced its preliminary estimate of net losses relating to Superstorm Sandy is approximately $650 million after tax and after estimated recoveries from reinsurance. This $650 million estimate reflects a gross loss estimate (pre-tax and before reinsurance) …
A leading New Jersey lawmaker is planning to introduce a bill that would cap how much a public adjuster can charge a homeowner for insurance claim assistance for certain emergencies.The state’s Assembly Speaker Pro Tempore Jerry Green (D-Union/Middlesex/Somerset) announced his …
(The author is a Reuters contributor. The opinions expressed are her own.) It took one day for Superstorm Sandy to destroy my house. So far, it’s taken more than a month for insurance to help me get back in. The …
The New York Road Runners — a non-profit community running group and the organizer of the annual New York City Marathon — could get millions of dollars in insurance proceeds thanks to its event cancellation coverage. The New York Road …
Superstorm Sandy wreaked havoc on parts of the U.S. East Coast in late October after tearing through the Caribbean. In the weeks since, the storm’s scope has come into sharper focus.
New Jersey Governor Chris Christie is asking the federal government to reimburse the state for 100 percent of emergency costs for at least 90 days after Superstorm Sandy swept ashore on Oct. 29.In a letter to the Federal Emergency Management …
New York Sen. Charles Schumer says New York expects to get tens of billions of dollars in federal money to cover damages from Superstorm Sandy.However, the Democrat told a news conference Sunday that it’s not a done deal.
The Statue of Liberty survived Superstorm Sandy with every crown spike in place, but its surrounding island was so badly damaged that the National Park Service doesn’t know when the beloved tourist attraction will reopen or how much repairs will …
