Superstorm Sandy News

New York City Seaport a ‘Ghost Town’ Months After Sandy

The historic cobblestone streets and 19th-century mercantile buildings near the water’s edge in lower Manhattan are eerily deserted, a neighborhood silenced by Superstorm Sandy. Just blocks from the tall-masted ships that rise above South Street Seaport, the windows of narrow …

N.Y. Regulators to Examine 3 Insurers for Claims Practices Related to Sandy

New York Gov. Andrew Cuomo announced Thursday that the Department of Financial Services is investigating the claims practices of three insurers following the aftermath of Superstorm Sandy. The three insurers are: Narragansett Bay Insurance Company, Tower Insurance Company and Kingstone …

New Jersey Town Lagging on Post-Storm Boardwalk Repairs

In the race to rebuild boardwalks following Superstorm Sandy, one New Jersey shore town is having a harder time than others. Avon is lagging behind many other shore towns, dogged by legal and environmental woes that have delayed the start …

Sandy Damaged Vehicles Surpass 250,000 Mark: NICB

The current estimate of vehicles damaged as a result of Sandy is now set at 250,500 based on claims processed by insurance companies, according to latest figures released by the National Insurance Crime Bureau (NICB). New York’s number increased from …

Submerged Superstorm Debris Threatens Tourism

Coastal areas of New Jersey, New York and Connecticut are racing to remove untold tons of debris from waters hardest hit by Superstorm Sandy. If boaters and swimmers can’t go safely in the water this summer, the region risks losing …

The Forces Behind Wind and Wave

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 …

Statistics on Insurers Handling Sandy Flood Claims

The 15 insurers participatin in the National Flood Insurance Program that are handling at least 1,000 claims related to Sandy, the progress they have made in closing claims, and the money they have paid out to date: Company Claims Percent …

Many Flood Insurance Claims Languish After Sandy

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 …

Report: Sandy Was 2nd Costliest Hurricane in U.S.

Superstorm Sandy was the deadliest hurricane in the northeastern U.S. in 40 years and the second-costliest in the nation’s history, according to a report released Tuesday. The storm’s effects reached far and wide, according to the National Hurricane Center report. …

Sandy victims’ insurance checks OK’d, but delayed

Nearly $208 million in insurance payments in 6,600 checks haven’t been released from banks to victims of Superstorm Sandy, according to Gov. Andrew Cuomo. He says his administration is working with banks to pay the money more quickly. The insurance …