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Federal District Court Judge Joseph Bianco has reaffirmed a magistrate’s financial penalty on lawyers for a flood insurance carrier for concealing details of the back-office revision of field investigative reports into Hurricane Sandy coastal flooding damage claims.
The heat is still building on insurance companies and engineering firms accused of possible fraud in the re-writing of flood claim investigator reports.
Insurance companies are facing political pressure and class-action lawsuits after a Federal case uncovered questionable flood insurance claims adjusting practices.
One of the ways FEMA tries to limit flood risk is by purchasing properties that flood too often and tearing them down, leaving the land undeveloped. New Jersey’s buyout program, backed by Federal money, is making progress — but not on the state’s heavily built-up coastal barrier islands. Instead...
New Jersey’s Brick Township is still working on shore protection and home elevation.
Are flood insurance carriers fudging homeowner claim paperwork after catastrophic storms? A federal magistrate in a Long Island Hurricane Sandy-related flood insurance lawsuit has sanctioned insurance company attorneys for failing to tell the whole story.
The national and local press takes stock of the situation in New York and vicinity, two years after Superstorm Sandy devastated coastal areas around the city.
It has been two years since Superstorm Sandy wreaked havoc on the Jersey Shore. On the storm’s anniversary, the press is taking stock of the present situation.
New York City is working on the problem of how property owners near the shore can make their buildings more flood-resistant. Here’s a look at the city’s latest guidance.
Switzerland re-insurance company Swiss Re, a global powerhouse in risk insurance, looks back at an 1821 hurricane that could wreak havoc on the U.S. eastern seaboard if it were to happen again.
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