Hurricane Sandy Rebuilding Task Force Addresses Insurance Challenges

August 20, 2013

  • August 20, 2013 at 1:45 pm
    David Neblett says:
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    I’m curious as what changes if any will be made. I believe that Floridians are used to “the drill” and understand flood insurance as well as payees listed on checks.

    Maybe the folks up north with learn prior to the next big event.

  • August 21, 2013 at 8:17 pm
    Sarah says:
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    http://www.dailymail.co.uk/news/article-2249500/Obamas-60-4billion-Hurricane-Sandy-aid-stuffed-pork-NASA-museums-Alaska-fisheries.html

    How about stop scaling the American tax payers with Obamas and Christies “SANDY SCAM”

    Hurricane Francis and Jeanette, Charlie, Cat 2, 3 and 3 in 2004 in Florida cost tax payer 7 billion total. The insurance claims for the five storms 50 billion. Sandy was barely a Cat 1 cost tax payers 60 Billion in in tax payer stimulus to NY and NJ. Give me a break!

  • August 22, 2013 at 4:29 pm
    Richard Cobb says:
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    “Other recommendations include improving the wireless communications networks, making the electrical grid more flexible and protecting the supply chain for fuel.”

    For years we have been stressing the emergency power infrastructure, often to deaf ears. We strive to simplify the solution and solve the problem. Unfortunately a solution that benefits everyone eliminates a crisis for politicians to run on. The only excuse for fuel supply problems post-Sandy is lack of preparation pre-Sandy. Many gas stations were only crippled by lack of utility power. Every one of those could have been operational within 30 minutes of the delivery of a mobile generator if they were equipped with a StormSwitch. Florida and Louisiana have mandatory emergency power mandates. The northeast should implement similar policies. Instead we will get the usual empty rhetoric.
    Our plan is cost effective and beneficial to business owners, insurance companies and communities as a whole.
    After hurricane Ike devastated Houston, the “idea” was to harden the power grid. The problem is the cost/benefit. Ike damages were ~$5 billion. Hardening the power grid would cost an estimated ~$50 billion.
    The fuel supply chain is operational if you know where to deliver the fuel. If you don’t know which gas stations are open for business, you cannot plan a fuel delivery schedule.
    If someone is interested in discussing a real solution, post a comment and I will receive it via email.

  • August 23, 2013 at 11:42 am
    InsGuy says:
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    “Many gas stations were only crippled by lack of utility power.”

    Only? Even the ones under water?

  • August 24, 2013 at 8:37 pm
    Richard Cobb says:
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    The gas stations that were under water were crippled by flooding and lack of power. Storms like Sandy have primary and secondary impact zones. The primary impact zone is the hardest hit; in most cases the location of the under water gas stations you refer to. Long term power outages occur in the primary and secondary zones and can extend many miles outside of the primary zone as experienced post Sandy. Nobody has a crystal ball to predict the primary impact zone or breadth of the overall impacted area, so everyone should be prepared. Estimated impact zones can be predicted but not certain. In 2005, hurricane Katrina was headed for Houston until it made the last minute turn to New Orleans. Tornado primary impact zones may be only 1/2 mile wide but power outages extend for miles.
    The bottom line is the power grid is aging and, for the foreseeable future, is vulnerable to hurricanes, ice storms, tornadoes, over loading, etc. It is prudent for business owners to consider a back-up plan. Unless the business is underwater or severely damaged by wind, chances are it can be operational if it has power. It is just that simple. That is why we help with solutions for savvy business owners every day and try to educate those that have experienced events like Sandy so they can prepare for next time.



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