Hurricane Sandy News

Hurricane Task Force Recommends Resilient Power for Wireless

U.S. wireless communications networks should be made more resilient in extreme weather emergencies, according to a government task force studying the effects of Hurricane Sandy. The Hurricane Sandy Rebuilding Task Force recommended improving the communications networks so cellular towers and …

Hurricane Sandy Rebuilding Task Force Addresses Insurance Challenges

The Hurricane Sandy Rebuilding Task Force, led by the U.S. Department of Housing and Urban Development, issued a report Monday that provides recommendations for mitigating harm from future storms. Recommendations include assisting homeowners to stay in their homes after disasters …

Stilt Houses in Greenwich, Conn., Foreshadow Impact of New Flood Maps

In the coastal areas of Greenwich, Connecticut, the latest housing craze requires hydraulic jacks, pylons and stilts. One home towers over its neighbors like a cruise ship. Others look like expensive tree houses. “People are stopping in to ask us …

Massachusetts Sees Spike in Hurricane Sandy Title Scams

The Registry of Motor Vehicles is warning consumers in western Massachusetts to watch out for scammers who sell cars with reconstructed titles from Oregon that mask vehicles damaged during Hurricane Sandy. The RMV says hidden water damage could pose dangers …

New York’s MTA Obtains $200M of Protection With Catastrophe Bonds

The Metropolitan Transportation Authority, which suffered $4.8 billion in damage from Superstorm Sandy last year, obtained $200 million of protection with bonds designed to guard against wreckage linked to storm surges.New York City’s subway operator is paying less than the …

MTA Plans Catastrophe Bond Sale Linked to Storm Damage, S&P Says

The Metropolitan Transportation Authority plans to use bonds designed to help New York City’s subway operator guard against storm surge damage after suffering $4.8 billion in wreckage from Hurricane Sandy.The largest U.S. transit agency will buy protection from MetroCat Re …

NYC Mayor Bloomberg Proposes $20B Flood Plan After Sandy

New York Mayor Michael Bloomberg called for a $20 billion system of flood barriers to protect low-lying areas from storms almost eight months after Hurricane Sandy devastated the region. In a report released today, the mayor made 250 recommendations, including …

Sandy Lesson for Business Owners: Read Policy, Keep Track of Notice Provisions

It’s been six months since Superstorm Sandy made its landfall on the coast of New Jersey and became one of the costliest storms ever recorded in the U.S. Many businesses in the region are still recovering from the effects of …

Katrina, Sandy Offer Similar Lessons for Builders

Lessons learned from Hurricane Sandy about how best to limit damage to buildings closely track those of Katrina, a federal engineer said. Elevating generators and pumps is a good idea but enclosing elevated foundations that might be hit by waves …

Swiss Re Study for 2012 Losses: $77 Bn Insured; $186 Bn Economic

Swiss Re has released its latest sigma study, which found that economic losses from natural catastrophes and man-made disasters reached $186 billion in 2012. Insured losses amounted to $77 billion, making 2012 the third most costly year on record. Weather …