Insurance Journal » Superstorm Sandy http://www.insurancejournal.com Insurance Journal delivers the latest business news for the Property/Casualty insurance industry Fri, 25 Apr 2014 00:16:29 +0000 en-US hourly 1 http://wordpress.org/?v=3.8.2 Report: Superstorm Sandy’s Fallout Tough on Small Businesses http://www.insurancejournal.com/news/east/2014/04/23/327053.htm Wed, 23 Apr 2014 07:42:06 +0000 http://www.insurancejournal.com/?p=327053 When suburban New York delicatessen owner P.J. Whelan heard the findings of a Federal Reserve Bank of New York poll released Monday on Superstorm Sandy’s effect on small businesses, he began nodding in agreement. “They got those numbers right,” the …

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Poll: N.J. Residents Back Gov’t Storm Mitigation Efforts but Few Willing to Pay http://www.insurancejournal.com/news/east/2014/04/23/326911.htm Wed, 23 Apr 2014 07:40:08 +0000 http://www.insurancejournal.com/?p=326911 A newly published study from Rutgers University in New Jersey shows that most state residents strongly support government programs aimed at lowering the likelihood of severe damage from future hurricanes. The study also found, however, that only a small fraction …

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NYC Mayor Pledges to Reform Maligned Sandy Rebuilding Program http://www.insurancejournal.com/news/east/2014/04/21/326896.htm Mon, 21 Apr 2014 19:04:22 +0000 http://www.insurancejournal.com/?p=326896 New York City Mayor Bill de Blasio unveiled a sweeping report on April 17 that examined New York City’s recovery progress from Superstorm Sandy and promised to reform a much-maligned program that was supposed to rebuild wrecked homes. Speaking to …

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Poll Finds New Jerseyans Souring on State’s Sandy Recovery Efforts http://www.insurancejournal.com/news/east/2014/04/17/326732.htm Thu, 17 Apr 2014 16:29:01 +0000 http://www.insurancejournal.com/?p=326732 A new poll finds New Jerseyans are souring on how the state is handling Superstorm Sandy recovery efforts. The Monmouth University/Asbury Park Press poll out Wednesday found public satisfaction with the recovery effort has dropped below 50 percent for the …

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Most Sandy Housing Assistance Going to Ocean County in N.J. http://www.insurancejournal.com/news/east/2014/04/16/326485.htm Wed, 16 Apr 2014 16:15:09 +0000 http://www.insurancejournal.com/?p=326485 Records show more than 60 percent of Superstorm Sandy state housing assistance is going to homeowners in Ocean County, N.J. Nearly $14 million of the $23 million spent on the Sandy Housing Rental Assistance Program has helped 5,137 Ocean County …

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N.J. Residents Providing Valuable Storm-Proofing Ideas for Post-Sandy Rebuilding Efforts http://www.insurancejournal.com/news/east/2014/04/15/326267.htm Tue, 15 Apr 2014 16:48:40 +0000 http://www.insurancejournal.com/?p=326267 While scientists, politicians and engineers ponder ways to better protect New Jersey from storms like Superstorm Sandy, some of the best ideas are coming from those who suffered the most. As the second summer after Sandy approaches, several of the …

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Home-Elevation Grants Begin Flowing to N.J. Communities http://www.insurancejournal.com/news/east/2014/04/07/325708.htm Mon, 07 Apr 2014 20:51:55 +0000 http://www.insurancejournal.com/?p=325708 A low-lying barrier island community north of Atlantic City is the first to be awarded state aid since Superstorm Sandy to help residents elevate their homes. New Jersey officials announced on April 4 they have approved housing-elevation grants for 26 …

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2 New Jersey Towns Contesting Audits on Sandy Aid http://www.insurancejournal.com/news/east/2014/04/04/325550.htm Fri, 04 Apr 2014 16:59:37 +0000 http://www.insurancejournal.com/?p=325550 Two New Jersey towns are contesting findings from the federal government that they are not entitled to certain Superstorm Sandy debris removal reimbursements. In a report made public Wednesday, the Homeland Security Department’s Inspector General found Little Egg Harbor Township …

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Proposal Envisions Artificial Islands Near N.Y. to Blunt Future Storm Surges http://www.insurancejournal.com/news/east/2014/03/31/324759.htm Mon, 31 Mar 2014 04:36:46 +0000 http://www.insurancejournal.com/?p=324759 A string of artificial islands off the coast of New Jersey and New York could blunt the impact of storm surges that proved so deadly during Superstorm Sandy, according to a new proposal. It’s a big proposal — one that …

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New Jersey Man Admits to Filing Fraudulent Sandy Insurance Claim http://www.insurancejournal.com/news/east/2014/03/27/324653.htm Thu, 27 Mar 2014 19:15:16 +0000 http://www.insurancejournal.com/?p=324653 A Monmouth County, N.J., man has pleaded guilty to filing a fraudulent insurance claim related to Superstorm Sandy. Authorities say 74-year-old Farouk Soliman admitted he attempted to recoup the cost of hiring a demolition firm to raze a barn on …

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Protesters Criticize N.J. Gov. Over Storm Aid, Scandal at Town Hall http://www.insurancejournal.com/news/east/2014/03/20/323798.htm Thu, 20 Mar 2014 16:54:46 +0000 http://www.insurancejournal.com/?p=323798 At least a dozen protesters disrupted a town hall meeting Tuesday with New Jersey Gov. Chris Christie, criticizing him over the distribution of Superstorm Sandy recovery aid and a for political payback scandal overshadowing his administration. The demonstrators were quickly …

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N.J. Senate Pres. Calls for More Sandy Aid Funds for Homeowners, Renters http://www.insurancejournal.com/news/east/2014/03/07/322686.htm Fri, 07 Mar 2014 17:42:08 +0000 http://www.insurancejournal.com/?p=322686 New Jersey Senate President Stephen Sweeney has crafted his own plan for how the second round of Superstorm Sandy recovery funds is distributed. The Democrat’s plan calls for more funds to flow to homeowners and renters. It also relies more …

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Sandy Fraud Task Force Closes Office in Monmouth County, N.J. http://www.insurancejournal.com/news/east/2014/03/06/322400.htm Thu, 06 Mar 2014 16:26:24 +0000 http://www.insurancejournal.com/?p=322400 The Superstorm Sandy fraud task force in Monmouth County, N.J., has closed its office in the county’s Bayshore region. In the year since opening, the task force has reviewed 232 cases. About 92 cases were referred to the county’s consumer …

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N.J. Gov. Discusses Sandy Recovery, Obamacare at Town Hall Meeting http://www.insurancejournal.com/news/east/2014/03/05/322289.htm Wed, 05 Mar 2014 17:27:28 +0000 http://www.insurancejournal.com/?p=322289 At the latest in a series of town halls, New Jersey Gov. Chris Christie heard Tuesday from people who are still kept from their homes 16 months after being driven out by Superstorm Sandy and others frustrated with the pace …

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Documents Show Ousted Sandy Contractor Billed N.J. $51M in 8 Months http://www.insurancejournal.com/news/east/2014/03/03/322048.htm Mon, 03 Mar 2014 17:59:40 +0000 http://www.insurancejournal.com/?p=322048 Newly released documents show a company hired to oversee applications for a New Jersey home-rebuilding program after Superstorm Sandy billed the state $51 million over eight months before an agreement to end the deal. That meant that New Orleans-based Hammerman …

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N.J. Gov. Advances Demolition Efforts of Unsafe Sandy-Impacted Structures http://www.insurancejournal.com/news/east/2014/03/03/321983.htm Mon, 03 Mar 2014 17:14:33 +0000 http://www.insurancejournal.com/?p=321983 New Jersey Gov. Chris Christie has signed an order to allow the state to knock down homes and other buildings left dilapidated by Superstorm Sandy. He set aside $15 million in federal storm aid to pay for the program as …

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NYC Mayor Says City Conducting Review of Sandy Rebuilding Efforts http://www.insurancejournal.com/news/east/2014/02/27/321691.htm Thu, 27 Feb 2014 16:31:58 +0000 http://www.insurancejournal.com/?p=321691 New York City Mayor Bill de Blasio asked frustrated New Yorkers for patience on Monday as the city labors to reboot its efforts to help those hardest hit by Superstorm Sandy. “It is self-evident that the pace has been a …

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N.J. Official: Sandy Contractor Ousted Over Performance http://www.insurancejournal.com/news/east/2014/02/26/321591.htm Wed, 26 Feb 2014 17:42:56 +0000 http://www.insurancejournal.com/?p=321591 A member of New Jersey Gov. Chris Christie’s cabinet acknowledged for the first time Monday that performance problems are the reason a contractor hired last year to handle applications for New Jersey’s biggest post-Superstorm Sandy housing recovery program is no …

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N.J. Court Seeking Ways to Expedite Sandy Flood Litigation Process http://www.insurancejournal.com/news/east/2014/02/26/321568.htm Wed, 26 Feb 2014 17:32:51 +0000 http://www.insurancejournal.com/?p=321568 A New Jersey federal court is seeking ways to expedite the litigation process for hundreds of flood insurance coverage-related cases that have been filed in wake of Superstorm Sandy. The U.S. District Court for the District of New Jersey announced …

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N.J. Residents Voice Anger, Frustration During Sandy Aid Hearing http://www.insurancejournal.com/news/east/2014/02/24/321306.htm Mon, 24 Feb 2014 15:58:14 +0000 http://www.insurancejournal.com/?p=321306 Victims of Superstorm Sandy unloaded on New Jersey officials last Friday at the final public hearing on the state’s plans to spend the next $1.4 billion in storm recovery aid. Resident after resident spoke in blunt and personal terms as …

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N.J. Senate President Slams Christie Administration’s Handling of Sandy Aid http://www.insurancejournal.com/news/east/2014/02/20/321132.htm Thu, 20 Feb 2014 17:58:51 +0000 http://www.insurancejournal.com/?p=321132 New Jersey’s Senate president says the Christie administration’s handling of Superstorm Sandy aid has been “a colossal failure.” Steve Sweeney held an event Wednesday in Perth Amboy to push for his proposed Sandy Bill Of Rights. The bill is designed …

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Critics Target Ad Campaign at N.J. Sandy Aid Hearing http://www.insurancejournal.com/news/east/2014/02/14/320554.htm Fri, 14 Feb 2014 17:29:36 +0000 http://www.insurancejournal.com/?p=320554 Speakers at a Wednesday night hearing on the next round of Superstorm Sandy aid for New Jersey were especially passionate on one front: Ditch the “Stronger Than The Storm” advertising campaign or at least pay for it some other way. …

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Frustrated Sandy Victims Blast N.J. Officials at Public Hearing http://www.insurancejournal.com/news/east/2014/02/13/320388.htm Thu, 13 Feb 2014 15:19:53 +0000 http://www.insurancejournal.com/?p=320388 Frustration with the slow pace of recovery from Superstorm Sandy boiled over Tuesday at a public hearing on the rebuilding process. Residents affected by the Oct. 29, 2012, storm blasted state officials over what they consider unconscionably long delays, unresponsive …

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Sinking of Ship ‘Bounty’ Blamed on Captain’s ‘Reckless Decision’ http://www.insurancejournal.com/news/national/2014/02/12/320239.htm Wed, 12 Feb 2014 14:41:57 +0000 http://www.insurancejournal.com/?p=320239 A captain’s “reckless decision to sail into the well-forecasted path of Hurricane Sandy” was the probable cause of the sinking of a tall ship off the North Carolina coast in October, 2012, the National Transportation Safety Board said in a …

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Feds Approve $26.3M to Buy Out Flood-Prone Homes in N.J. http://www.insurancejournal.com/news/east/2014/02/11/320169.htm Tue, 11 Feb 2014 18:00:22 +0000 http://www.insurancejournal.com/?p=320169 The federal government has awarded New Jersey $26.3 million to enable it to buy 89 homes in flood-prone sections of Woodbridge. The state is in the process of buying homes from willing sellers affected by Superstorm Sandy to preserve the …

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N.J. Gives Those Rejected for Sandy Aid Another Chance to Appeal http://www.insurancejournal.com/news/east/2014/02/10/320027.htm Mon, 10 Feb 2014 17:42:28 +0000 http://www.insurancejournal.com/?p=320027 New Jersey is giving applicants deemed ineligible for grants to help rebuild their homes after Superstorm Sandy another chance to appeal. The decision on Feb. 7 from the state Department of Community Affairs comes two days after a report by …

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N.J. to Hold Public Hearings This Week on Sandy Aid Spending Plans http://www.insurancejournal.com/news/east/2014/02/10/319968.htm Mon, 10 Feb 2014 16:21:11 +0000 http://www.insurancejournal.com/?p=319968 New Jersey residents will be able to comment at three public hearings this week on the state’s plans to spend more than $1.4 billion in Superstorm Sandy recovery aid. The state is holding hearings Tuesday at Stockton University in Galloway …

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Restoring Housing Focus of Next Round of $1.46B N.J. Sandy Aid http://www.insurancejournal.com/news/east/2014/02/05/319573.htm Wed, 05 Feb 2014 16:19:09 +0000 http://www.insurancejournal.com/?p=319573 Restoring housing and shoring up critical infrastructure will be the focus of how New Jersey spends its next round of Superstorm Sandy relief money. New Jersey Gov. Chris Christie’s administration said Monday that its plans to spend $1.46 billion in …

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Fishermen Group Suing NYC Over Sewage Spill During Sandy http://www.insurancejournal.com/news/east/2014/01/27/318495.htm Mon, 27 Jan 2014 17:59:07 +0000 http://www.insurancejournal.com/?p=318495 A group of fishermen are suing New York City over shellfish bed pollution they believe was caused by massive releases of raw sewage during Superstorm Sandy. The Baymen’s Protective Association represents about 76 people who harvest clams from the Raritan …

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Data Shows Hoboken’s Share of Sandy Aid on Par With Other N.J. Towns http://www.insurancejournal.com/news/east/2014/01/27/318443.htm Mon, 27 Jan 2014 16:58:02 +0000 http://www.insurancejournal.com/?p=318443 The city whose Democratic mayor said New Jersey’s GOP Gov. Chris Christie’s administration tied Superstorm Sandy aid to her support for a real estate project has, so far, received a level of aid from state-run programs that is similar to …

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