Sandy loss News

Key Figures on Superstorm Sandy, 6 Months Later

Superstorm Sandy, a hybrid of a hurricane and two cold-weather systems, struck six months ago on Oct. 29, concentrating most of its fury on New Jersey, New York and Connecticut and becoming one of the most expensive storms in history. …

Eminent Domain May Be Used in Mantoloking, N.J., for Beach Replenishment

Having gotten only so far with “friendly persuasion,” the Jersey shore community that was hardest hit by Superstorm Sandy is ready to take out the stick. Mantoloking is preparing to use eminent domain to take control of small strips of …

Hundreds of Cars Unclaimed in Sandy to Be Auctioned in New York

More than 500 BMWs, Cadillacs, Toyotas and other vehicles damaged and towed during Superstorm Sandy remain unclaimed and will be auctioned off next month, New York City officials said. The city is working with auction house David R. Maltz in …

I.I.I. : 93% of New Jersey/New York Sandy Claims Settled

Insurance regulators in New Jersey and New York — the two states hardest-hit by Superstorm Sandy — report that insurers have settled 93 percent of the claims they received in the wake of Sandy, according to the Insurance Information Institute.More …

Feds Give Sandy Victims Up to 1 Year Break on Mortgage Payments

Federal mortgage payment relief has been extended up to one year for more than 200,000 homeowners whose houses were damaged by Superstorm Sandy. U.S. Housing and Urban Development Secretary Shaun Donovan announced the extension for homeowners with Federal Housing Administration-insured …

In New York, Sandy Cleanup Work in 3 Long Island Towns Probed

The Suffolk County district attorney’s office has issued subpoenas to three Long Island towns as it investigates how local governments spent tens of millions of taxpayers’ money on Sandy cleanup. According to Newsday, municipal officials in Brookhaven, Islip and Babylon …

New Rules Announced for Homeowners Using Sandy Disaster Aid to Rebuild

Homeowners and businesses using federal disaster aid to rebuild from Superstorm Sandy will have to take additional flood protection measures, top federal officials announced last week. The new standard, announced on April 4, will require that residential, commercial or infrastructure …

U.S. Announces $1.4B in Sandy Transit Aid to New York, New Jersey

The federal government announced $1.4 billion in aid last Friday, March 29, to transit agencies affected by Superstorm Sandy. Most of the aid announced by U.S. Transportation Secretary Ray LaHood is going to four agencies in New York and New …

Dunes vs. Property Rights in Storm-Battered New Jersey

The sand dune that ruined Harvey and Phyllis Karan’s view of the ocean allowed their beachfront home to see another day when Superstorm Sandy’s surge crashed ashore. They still want the $375,000 a court awarded them for the blocked sunrise, …

N.Y. Regulators Identify 10 Banks With Worst Sandy Aid Statistics

New York Gov. Andrew Cuomo and the state’s Department of Financial Services announced the “bottom 10″ banks with the worst statistics for paying out insurance claims to Superstorm Sandy victims. Officials said they have notified these banks to speed up …