Superstorm Sandy News

Six Months After Sandy, Thousands Homeless in New York, New Jersey

The 9-year-old girl who got New Jersey’s tough-guy governor to shed a tear as he comforted her after her home was destroyed is bummed because she now lives far from her best friend and has nowhere to hang her One …

New Jersey Shore Community May Take Land for Beach Replenishment

Having gotten only so far with “friendly persuasion,” the Jersey shore community that was hardest hit by Superstorm Sandy is ready to take out the stick. Mantoloking is preparing to use eminent domain to take control of small strips of …

Connecticut Panel Poised to Fund Superstorm Repairs

The State Bond Commission is expected to approve funding for repairs and improvements to Connecticut recreation and maintenance facilities damaged by Superstorm Sandy. Gov. Dannel P. Malloy announced Tuesday the commission, which he chairs, will vote Friday on $1.7 million …

More Than 90% of New Jersey/New York Claims Settled

Insurance regulators in New Jersey and New York—the two states hardest-hit by Sandy—report that insurers have settled 93 percent of the claims they received in the wake of superstorm Sandy, according to the Insurance Information Institute (I.I.I.). More than half …

Scientists: Superstorm Sandy Jolted United States

Superstorm Sandy didn’t just rattle the East Coast, it also jiggled the ground across the country ever so slightly, scientists reported Thursday. Earthquake sensors located as far away as the Pacific Northwest detected the storm’s energy as it surged toward …

500 Cars Unclaimed in Sandy to be Auctioned in New York

More than 500 BMWs, Cadillacs, Toyotas and other vehicles damaged and towed during Superstorm Sandy remain unclaimed and will be auctioned off next month, city officials said Saturday. The city is working with auction house David R. Maltz in Central …

New Jersey Will Buy Flood-Prone Homes in ’13

New Jersey officials plan to unveil a plan in the next two to three weeks for buying out roughly 1,000 flood-prone homes from owners who want to sell them, a state Department of Environmental Protection spokesman said Tuesday. Since Superstorm …

Climate Scientists Struggle to Explain Warming Slowdown

Scientists are struggling to explain a slowdown in climate change that has exposed gaps in their understanding and defies a rise in global greenhouse gas emissions. Often focused on century-long trends, most climate models failed to predict that the temperature …

P/C Industry Results Improve, Profitability Challenges Continue: Conning

With 2012 preliminary results showing improvement in profitability in the property/casualty insurance sector, insurers are expected to see continued strong net premium growth and a substantially improved combined ratio for 2013, analysts at Conning said in a new forecast. The …

Feds Give Up to 1 Year Break on Mortgage Payments

Federal mortgage payment relief has been extended up to one year for more than 200,000 homeowners whose houses were damaged by Superstorm Sandy. U.S. Housing and Urban Development Secretary Shaun Donovan announced the extension for homeowners with Federal Housing Administration-insured …