August 14, 2013
New Jersey has received 488 requests so far for Superstorm Sandy-related claims mediation since the program’s launch in May, officials said Tuesday.Among these requests, 223 claims, so far, have been mediated, of which 68 percent have been settled in some …
April 17, 2013
New York State regulators’ latest Sandy response report card shows that almost 95 percent of Superstorm Sandy-related personal and business insurance claims in the state have now been closed. The report card, which is frequently updated, compiles data from 24 …
February 28, 2013
New York regulators said this week insurers would be required to follow additional rules to expedite the resolution of remaining Sandy-related claims in New York. These new regulations will now cut the amount of time an insurer can delay its …
February 25, 2013
The New York regulators’ latest Sandy response report cards show 272,878 Sandy-related claims — representing 70 percent of some 389,801 Sandy claims filed in the state — have been closed with payment, as of Feb. 15. Additionally, some 68,247 claims, …
January 30, 2013
A New York state lawmaker recently introduced a piece of legislation that aims to prevent unfair claim settlement practices during a declared state emergency.Assemblywoman Nicole Malliotakis (R,C,I-Brooklyn, Staten Island) announced on Jan. 13 that she has drafted legislation that would …
January 24, 2013
The New York regulators’ latest “report cards” on the performance of insurers in the wake of Superstorm Sandy shows that 1,830 consumer complaints have been filed from 381,827 Sandy-related claims — at the rate of 0.48 percent. The information in …