Superstorm Sandy News

Demand Surge Not An Issue For Sandy; Property Losses Near $19B

Although demand surge was an issue for the property/casualty industry following a trio of hurricanes in 2005, for Superstorm Sandy the demand-surge impact is minimal so far, an expert said recently. There has only been a price impact of 2 …

Insurers Praise New Jersey on Post-Sandy Rebuilding Rules

New Jersey Gov. Chris Christie’s decision to toughen guidelines for rebuilding following Superstorm Sandy is drawing praise from the insurance industry. The governor announced Thursday the state was immediately accepting new and more stringent building standards for flood zones. They …

New Jersey Adopts Tougher Rebuilding Standards Post-Sandy

New Jersey is adopting advisory flood maps released last month by the federal government to guide rebuilding following Superstorm Sandy, putting into effect tougher standards for reconstruction that will in some cases force homeowners and businesses to relocate or build …

New Jersey Issues More Than 1,200 Contractor Registrations

New Jersey state officials have issued more than 1,200 registrations to out-of-state contractors since Nov. 1 for post-storm cleanup. Some New Jersey-based companies say they’re worried that contractors from other states will flood the market. Many were hoping that New …

Some Shore Towns Eye Sea Walls to Guard Boardwalks

As Jersey shore towns spend millions to rebuild boardwalks wrecked by Superstorm Sandy, some are opting for an additional layer of protection in the form of steel sea walls placed between the boards and the shoreline. The idea is to …

Some Decry Damaged Cars at New York Runway Site

Environmentalists are decrying the placement of 18,000 damaged automobiles on a runway at a New York defunct defense plant on eastern Long Island. The vehicles were destroyed by flooding from Superstorm Sandy. The town supervisor in Riverhead disputes the idea …

Superstorm Challenges Definition of Basement in New Jersey

Irene Sobolov believes the first floor of her house is just that. The federal government and her insurance company say it’s a basement. The semantics, Sobolov has learned, are very expensive. Sobolov and others whose lower-level apartments or businesses sustained …

FEMA Rejects Sandy Disaster Assistance for Florida

Florida officials say the Federal Emergency Management Agency has denied disaster assistance for areas of the state damaged by Hurricane Sandy. The Florida Division of Emergency Management reports that Gov. Rick Scott received notification of the denial Thursday. Scott requested …

Mainers Warned to Stay Away From ‘Flood’ Cars

Maine residents in the market for a new car are being warned to stay away from deals that appear too good to be true. Experts say some of the estimated 250,000 vehicles damaged during flooding caused by Superstorm Sandy are …

New York City Starts Demolition on Homes Damaged by Sandy

Raymond Weiler’s childhood home was ravaged twice: first by Superstorm Sandy three months ago, and then by a city bulldozer on Monday. Weiler hugged his sister as the machine tore into the house where their mother, Veronica Weiler, reared them …