U.S. Senator Bob Casey (D-Penn.) asked flood insurance companies to quickly process remaining claims from Irene and Lee. He says some 20 percent of the claims in Pennsylvania are still not processed. Federal flood insurance is a federally funded program administered by FEMA and is sold and serviced by property insurers. He sent an open letter to the Insurance Federation of Pennsylvania last month, seeking its help in speeding up the claims process. But critics say the government red tape and the additional requirements that the government has implemented in handling these claims are to blame. Early last month, U.S. Senator Charles Schumer (D-N.Y.) also called on flood insurance companies to speed up their processing of insurance claims from tropical storms Irene and Lee.
Was this article valuable?
Here are more articles you may enjoy.
 
 
     Security First the Latest in Florida to Announce Home Insurance Rate Cut
Security First the Latest in Florida to Announce Home Insurance Rate Cut                 Starr Acquiring IQUW; Starr Managing Agency to Be Among 10 Largest at Lloyd’s
Starr Acquiring IQUW; Starr Managing Agency to Be Among 10 Largest at Lloyd’s                 CyberCube: Insured Loss Estimate From AWS Outage Likely About $40M
CyberCube: Insured Loss Estimate From AWS Outage Likely About $40M                 Florida Appeals Court Reverses $200M Jury Verdict in Maya Kowalski Case
Florida Appeals Court Reverses $200M Jury Verdict in Maya Kowalski Case                


