Superstorm Sandy losses News

Federal Officials Reopen Disaster Loan Filing Period for Sandy Victims

Federal officials have reopened the filing period for Superstorm Sandy victims to apply for low-interest disaster loans. The Small Business Administration says the move was authorized by legislation that President Obama signed late last month. Thousands of New Jerseyans were …

N.J. Gov. Christie Defends His Administration’s Sandy Response

New Jersey Gov. Chris Christie again defended his administration’s handling of the recovery from Superstorm Sandy on Oct. 29, the third anniversary of the storm, acknowledging mistakes were made but emphasizing they were corrected and that the extent of the …

3 Years After Sandy, Thousands of Storm Survivors Still Can’t Go Home

Three years ago, Superstorm Sandy slammed the New Jersey shore, destroying homes, splintering boardwalks, wrecking businesses and displacing thousands of people. Three years later, several thousand still cannot get back home due to bureaucratic red tape with government aid programs, …

N.Y. Court: Insurer’s $5M Flood Sub-Limit Applies to Delay-in-Completion Loss

The New York Supreme Court’s Appellate Division affirmed that a $5 million flood sub-limit in a builders risk policy that Zurich American Insurance issued to a New York property developer applies to the delay-in-completion losses by the flood peril after …

Jersey Shore Town Aims to Get Last 2 Sandy Families Home

Just before the floodwaters of Superstorm Sandy inundated Krista Sperber’s home in Belmar, New Jersey, she had her two young children grab what they could from their rooms and hop in the car for a ride to a relative’s home …

New Jersey Moving to Demolish Hundreds of Sandy-Damaged Homes

New Jersey officials are moving to demolish hundreds of homes that were ravaged by Superstorm Sandy. State Community Affairs Department spokeswoman Tammori Petty tells the Daily Record that the agency is identifying the owners or lien holders of roughly 600 …

Study: Heart Attacks Rose in New Jersey in Sandy’s Wake

Rutgers University researchers in New Jersey say there was a spike in heart attacks and strokes in the New Jersey counties hardest hit by Superstorm Sandy. Robert Wood Johnson Medical School compared heart attacks and strokes and the deaths they …

Amtrak Seeks to Recoup Millions From Insurers for Sandy Losses

Amtrak filed a lawsuit last week against more than a dozen insurers, claiming that the railroad operator is entitled to recoup additional proceeds for Superstorm Sandy losses from its insurers. “Amtrak has filed a lawsuit against its insurance companies for …

New Jersey’s Sandy-Damaged Town Halls: Fix or Rebuild?

Officials in New Jersey towns hit hard by Superstorm Sandy are grappling with many of the same questions as their residents when it comes to municipal buildings damaged in the storm. Can the town halls be fixed, or do they …

Report Looks Back at Why Sandy Caused So Much Flooding Damage Along Coast

Karen Clark & Company (KCC), independent experts in catastrophe risk, catastrophe models and catastrophe risk management, issued a report in conjunction with the one-year anniversary of Superstorm Sandy. One of the issues the report looks at is why the storm …