The Federal Emergency Management Agency (FEMA) and disaster officials are continuing to request that people who have been affected by the results of Hurricane Irene to contact FEMA and register with them, even if they are already receiving payments from their insurance companies to help cover the damages. The issue that is concerning disaster and recovery officials right now is that many people are under the impression that the money they receive from their insurance companies is all that is available to them in terms of recovery aid when this…
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Hawaii’s hurricane fund in jeopardy of being drained
Hawaii may lose their state hurricane fund in an attempt to balance a 232 million dollar deficit. The fiscal year ends in three months and state officials are scrambling to find a way to balance the budget. One approach that is being considered is to use part of, or all, of the 117 million dollars sitting in the hurricane relief fund. The state fund was started after the 1992 disaster from hurricane Iniki, which caused most insurers to stop writing policy coverage for hurricanes and related damage. It took 10…
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