As lawmakers consider a package of bills to help the state recover from Superstorm Sandy, a former state environmental protection commissioner says the storm provided a golden opportunity to buy out flood-prone homes and move them further away from the …
If you believe that last October’s Superstorm Sandy was a freak of nature – the confluence of unusual meteorological, atmospheric and celestial events – think again. Cornell and Rutgers researchers report in the March issue of Oceanography that the severe …
Jackie Beagon loved her life along the Connecticut coast, where she and her husband walked to the beach and church and bicycled around the neighborhood. But Superstorm Sandy ripped it all apart, and the couple was forced to sell their …
The New York Department of Financial Services says five of the state’s largest banks and mortgage services will have representatives available this week to help homeowners cash insurance settlement checks from Superstorm Sandy. Lender representatives will be at Disaster Assistance …
Estimated losses from Hurricane Sandy currently stand at over $16 billion (as reported by publicly traded companies) but are anticipated to reach $20 billion. Regardless of the final totals, international insurance companies are expected to cover roughly 50 percent of …
Chase announced today that it is making more insurance money available immediately, using technology to help homeowners track their insurance claims, and guaranteeing prompt inspections. “We are continuously looking for additional ways to help customers rebuild their homes quickly,” said …
The Federal Emergency Management Agency has released new advisory maps for Manhattan that include the World Trade Center site in the zone seen as most at risk for flooding during a powerful coastal storm. The maps released this week were …
The signs of rising water are everywhere in this seaport city: yellow “Streets May Flood” notices are common at highway underpasses, in low-lying neighborhoods and along the sprawling waterfront. Built at sea level on reclaimed wetland, Norfolk, Virginia has faced …
Gary Henning, Northeast region vice president for the American Insurance Association (AIA), testified about the industry’s response to Superstorm Sandy and the lessons learned at a hearing yesterday before the New York Assembly Standing Committee on Insurance. AIA’s testimony emphasized …
A Staten Island neighborhood where three people died during Superstorm Sandy will be the first to get state-sponsored home buyouts. Gov. Andrew Cuomo outlined the planned program during a visit to the borough on Monday. In remarks made as part …