Mississippi has quietly settled its lawsuit against State Farm Fire and Casualty Co. for allegedly minimizing its Hurricane Katrina payments to policyholders, leaving the state to compensate homeowners. The settlement says the $12 million payment represents “restitution for damage, which …
New York authorities charged a Long Island engineering firm and one of its former executives with forging damage reports for homes swamped by Hurricane Sandy, altering the documents in such a way that owners’ flood insurance claims were eventually denied. …
The Federal Emergency Management Agency said Friday it has begun reviewing flood insurance claims of Superstorm Sandy victims, some of whom have said their damages were underestimated. FEMA said in a statement the agency is mailing letters to about 142,000 …
Federal Emergency Management Agency officials have agreed to let Superstorm Sandy victims who think their insurance claims were not fairly paid out to undergo a review. The review could include up to 144,000 claims and won’t limit corrective action to …
The northeastern Illinois city of Kankakee is set to receive federal funds to begin flood protection and prevention efforts in its area. U.S. Senator Dick Durbin announced Tuesday that Kankakee will get $1.5 million from the Federal Emergency Management Agency. …
The bill sent to insurers from storms bringing hurricane strength winds and widespread flooding to parts of Britain since December could reach 1.5 billion pounds ($2.50 billion), according to consultants at Deloitte. The consultancy had estimated insured losses from winter …
New York will use part of its share of billions of dollars in federal Superstorm Sandy aid to “fully compensate” storm victims who had flood insurance claims denied because of a hard-to-understand rule barring payments for damage caused by earth …
More than $367 million in federal assistance has been approved to help Connecticut with disaster expenses related to Superstorm Sandy, Gov. Dannel P. Malloy said Friday as other officials highlighted recovery needs along the shoreline. The funding is for short-term …
A deadline is approaching for Louisiana policyholders to file flood insurance claims over damage from Hurricane Isaac last year. The Federal Emergency Management Agency says most policyholders with the National Flood Insurance Program have until April 22 to complete their …
The Federal Emergency Management Agency says it has settled 96 percent of the post-Superstorm Sandy National Flood Insurance Program claims in New Jersey. The agency says that as of Tuesday, there had been 74,825 claims filed and 70,689 had been …