Superstorm Sandy News

Housing Focus of Next Sandy Aid for New Jersey

Restoring housing and expanding a fund that finances thousands of affordable rental units for low- to moderate-income families will be how New Jersey spends most of what will likely be the final round of Superstorm Sandy relief money. New Jersey …

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 …

SBA Loans Impacting Grant Money for Sandy Victims

When Superstorm Sandy left Denise Erickson’s home with a collapsed foundation, a loan from the Small Business Administration looked like the best deal in town. She got more than $150,000 from the SBA to help fix her family’s Bellmore home …

Sandy Flood Insurers Ordered to Disclose Drafts of Engineering Reports

A Travelers Cos. unit and other flood insurers accused by Hurricane Sandy victims in New York of using falsified engineering reports must turn over the drafts to policyholders, a three-judge panel ruled amid allegations that manipulation may have been widespread. …

N.J. Dealer Gets 3 Years for Selling Sandy-Flooded Cars

A used car dealer in New Jersey has been sentenced to three years in prison for selling vehicles damaged in Superstorm Sandy to unsuspecting customers. Jonathan Olin of Manalapan admitted orchestrating a scheme in which a Motor Vehicles Commission employee …

Travelers Unit Sued Over Allegedly Manipulated Sandy Report

A Travelers Cos. unit was sued by two New York homeowners who accused it of using a doctored engineering report to reject much of their claim for flood damage from Hurricane Sandy, making it the third insurer to face such …

Lawmakers: Sandy Flood Insurance Concerns Will Be Addressed

Federal emergency officials are taking new steps to address concerns from homeowners still struggling to rebuild after Superstorm Sandy more than two years ago, New Jersey and New York lawmakers announced on Friday, Dec. 5. U.S. Sen. Robert Menendez, D-N.J., …

Hartford Unit Faces Racketeering Suit on Sandy Claims

A couple claiming damage from Hurricane Sandy filed court papers accusing a Hartford Financial Services Group Inc. unit, an engineering firm and a law firm for the insurer of engaging in racketeering by scheming to use fraudulent reports to deny …

Insurance Industry Is Leader on Climate Change, Report Says

The insurance industry is being called out by an international research institution for its progressive attitude on climate change. A white paper put out by the nonprofit Urban Land Institute this week urges the real estate sector and government planners …

GOP Fundraiser: N.J. Gov. Christie’s Sand Dune Plan Is ‘Stupid’

Plenty of oceanfront homeowners at the Jersey shore are unhappy with GOP Gov. Chris Christie’s plan to widen beaches and build protective sand dunes along the state’s entire 127-mile coastline. Among them is Lawrence Bathgate, one of the Republican Party’s …