Insurance

Insurance: Hurricane Sandy

Governors say no to hurricane deductibles

NEW YORK (CNNMoney) -- Homeowners in New York, New Jersey and Connecticut will save thousands of dollars in insurance costs after several state governors declared that Sandy did not make landfall as a hurricane, exempting them from insurers' hurricane deductibles[...]

Preparing For The Next Sandy

The fallout from Hurricane Sandy will be with us for years, and it will extend far beyond the devastation in New York City, New Jersey and other parts of the East Coast[...]

Get Hurricane Sandy Help From Insurers and FEMA

Many homeowners may just be starting the insurance claims process after Hurricane Sandy’s visit to the east coast that left over 100 dead and millions more displaced or without electricity[...] After surveying the wreckage, it’s time to get down to the business of figuring out how to navigate the complicated world of insurance. Step one is to document everything you can and call your insurers to start the process moving — make sure to know your policies in advance and pursue all of them[...]

Storm-Battered Associations Lean on Business Interruption Insurance

Recovery efforts are far from over in New York and New Jersey following the devastation from Hurricane Sandy. But businesses and associations are trying to get back up and running while office buildings are still flooded or without power. That’s where business interruption insurance offers a helping hand[...]

Hurricane Sandy: Obama to Seek Flood Insurance Borrowing Expansion

The Obama administration will ask Congress to raise the National Flood Insurance Program’s borrowing authorityby more than $4 billion to $25 billion during the current lame-duck session, according to federal, state and industry officials. The current borrowing authority is $20.775 billion. The administration will move promptly on the issue to ensure no repeat of what happened in 2005 in the aftermath of Hurricane Katrina, according to Don Griffin, vice president of personal lines at the Property and Casualty Insurers Association of America and head of the industry’s flood insurance coalition[...]

New York Life Makes Donation to Hurricane Sandy Relief Effort

New York Life announced it will donate $1,000,000 to aid Hurricane Sandy relief efforts, allocating $500,000 to the American Red Cross, $250,000 to the Mayor's Fund to Advance New York City and $250,000 for local recovery efforts in New York, New Jersey and Connecticut. According to a release, New York Life will match contributions by its employees, agents and retirees to the American Red Cross or Feeding America, a network of food pantry organizations, with no limitation[...]

Business Interruption Insurance Claim Help for Those Affected by Superstorm Sandy at HurricaneSandyInsuranceClaim.com

Statin Island, NY (PRWEB) November 16, 2012 For tens of thousands of people, Hurricane Sandy isn’t a minor event that’s here and gone again within a few days and little things like filing a business interruption insurance claim is probably the furthest thing from their mind right now. When the folks from around the country stop seeing the stories on television those impacted by Sandy's wrath will spend months, if not years, rebuilding and recovering from the superstorm[...]