AIR Worldwide Reports from Areas Affected by Sandy

Hurricane Sandy Damage flood Insurance surcharge

According to catastrophe modeling firm AIR Worldwide, Sandy’s diameter made it the largest Atlantic hurricane on record in terms of the span of tropical storm-force winds. The huge radius helped to keep the winds at Category 1 intensity and allowed the storm to interact with a system from the west that resulted in severe weather across a wide swath of the eastern United States. This week two AIR teams were deployed to survey damage in New York and New Jersey. Commentary in this report provide an initial glimpse into the…

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Senator Schumer takes aim at insurers in wake of Hurricane Sandy

Senator Schumer hurricane sandy

Senator Schumer troubled over actions of insurance companies Hurricane Sandy has caused a lot of trouble for insurance companies, consumers, and state governments in the Eastern U.S. New York, in particular, has seen a great deal of these troubles manifest in the wake of the powerful storm. With storm surges causing widespread flooding and damages being done to homes and other properties, the state is reeling from the impact of Hurricane Sandy. Senator Charles Schumer believes that the troubles are just beginning for the state, however, especially as insurers look…

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Homeowners insurance companies help customers manage Sandy

Homeowners insurance fraud storm prevention and claims

Insurers want to make sure that policyholders know what to do after the storm. Although it is very common for homeowners insurance companies to issue statements to remind customers regarding things that they can do in order to help to prepare for upcoming storms, in the case of hurricane Sandy, they are also hoping to give policyholders some advance reminders about what they should do when the storm has passed. It is one thing to try to prevent the damage, but if it happens anyway, many customers feel lost. Pennsylvania…

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