Superstorm Sandy is poised to become one of the top three most expensive hurricanes in history. With close to 1.4 million claims filed, Sandy is likely to be the third most expensive hurricane in U.S. history in terms of insured …
Up and down the Atlantic coast, people are telling horror stories about how long it has taken to get an insurance check for flood damage caused by Superstorm Sandy. Nearly 40 percent are still waiting for the final settlements they …
Lafayette’s mayor is seeking to close a flood-prone city golf course that’s become a financial drain on the Indiana city due to periodic flood damage. Mayor Tony Roswarski said Friday he’ll recommend the closure of the Lafayette Golf Course because …
The federal government is offering more than $1 million to help cover damage caused by flooding earlier this year in Southern Utah. Officials estimate that floodwaters from a broken dike caused damages of at least $2.8 million in Santa Clara, …
Despite uncertainties regarding final loss totals from Hurricane Sandy, Standard & Poor’s Ratings Services expects only a limited ratings impact on insurers and reinsurers exposed to such losses, according to a report, “Hurricane Sandy Brings Unexpected Risks But Limited Credit …
A month after Sandy’s floodwaters swept up his block, punched a hole in his foundation and drowned his furnace, John Frawley still has no electricity or heat in his dilapidated home on the Rockaway seashore. The 57-year-old, who also lost …
Pat Groover called her insurance company on Tuesday morning, the day after a massive tree gave in to storm Sandy’s winds, ripped the front off a neighbor’s house and pulled siding and gutters off of Groover’s home. The path of …
A state Senate candidate is suing the Army Corps of Engineers and the National Weather Service over damage to his home during the 2010 Nashville, Tenn., flood. Phillip North filed his suit Monday claiming the two federal agencies were negligent. …
There’s damage from last year’s historic Mississippi River flood to repair still. On Monday, the Army Corps of Engineers announced the repairs. The work includes: $2.8 million in sheet piling wok to deal with seepage on the Mississippi River levee …
A federal appeals court reversed itself Monday and threw out a judge’s landmark ruling that the Army Corps of Engineers was liable for billions of dollars in Hurricane Katrina flood damage that property owners blame on the corps’ maintenance of …