Tag: New Jersey

Hurricane Sandy relief plan approved by Senate

US Congress Hurricane Sandy Relief Plan

Senate approves emergency spending plan for victims of Hurricane Sandy Hurricane Sandy may be gone, but it certainly is not forgotten. The U.S. Senate has approved an emergency spending plan that is designed to provide aid to victims of the powerful storm. The plan has received the backing of the insurance industry, which has been steadily handling the flow of claims produced by Hurricane Sandy since the storm struck the East Coast in late October of 2012. The aid package is expected to help victims in the recovery process and…

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Hurricane Sandy spawns class-action lawsuit against insurers

Nordstrom
New Jersey homeowners insurance law

New Jersey victims file suit against insurers in wake of Hurricane Sandy Hurricane Sandy continues to cause problems along the East Coast. Though the storm is long over, its effects can still be felt in numerous states. Insurers may soon feel another financial impact as a result of the storm, but it will be coming from consumers instead of the storm itself. Hurricane Sandy victims from New Jersey have filed a class-action lawsuit against nine insurance companies. The suit claims that these insurers denied claims through the misinterpretation of something…

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New Jersey health insurance exchange off the table

New Jersey Health Insurance

New Jersey health insurance exchange slammed with veto from Governor Christie Plans for a New Jersey health insurance exchange are off the table due to a veto from Governor Chris Christie. The Governor has become the latest in a long line of state officials that have rebuked the concept of a health insurance exchange in their representative states. The recent veto marks the second time this year that Governor Christie has nixed legislation concerning the New Jersey health insurance exchange. The Governor claims that the federal health care law introduced…

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AIR Worldwide Reports from Areas Affected by Sandy, Part III

Guest Author
Flood Insurance Hurricane Sandy Jersey Shore

This report is the third in a series from AIR’s recently concluded damage survey of areas impacted by Sandy, which made landfall on October 29, 2012, five miles southwest of Atlantic City, New Jersey. On November 11, 2012, AIR teams were deployed to survey damage in New York and New Jersey. The commentary in this report provide an initial glimpse into the kinds of damage patterns caused by this event in Staten Island, New York, and Toms River, Point Pleasant Beach, Sea Bright, Keyport, Union Beach, Keansburg, Kearny, Secaucus, Moonachie,…

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Hurricane Sandy victims suffer long wait for insurance adjusters

S.Vagus
Hurricane Sandy Damage flood Insurance surcharge

Hurricane Sandy brings significant delays to claims processing Hurricane Sandy may be gone, but its impact is expected to be felt well into the future. Homeowners affected by the powerful storm have been struggling with their insurance providers. Insurance adjusters were deployed ahead of the storm to help manage claims and make sure everything was processed in a quick and efficient manner. Unfortunately, Hurricane Sandy has proven to be more problematic than insurers had previously expected. Insurance adjusters are now telling victims that it could take more than two weeks…

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