Attorney General launches criminal probe into potential wrongdoings by flood insurance providers The New York Attorney General’s Office has launched an official criminal probe into accusations coming from victims of Hurricane Sandy concerning how their insurance claims were handles. Many homeowners in New York that were affected by Hurricane Sandy have had their insurance claims regarding flood damage denied by their insurance providers and have suggested that these claims were denied due to falsified engineering reports. As a result of rejected homeowners insurance claims, many consumers have suffered significant financial…
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Criminal investigation launched in New York aims to bring clarity to flood insurance issues
Criminal investigation will seek to uncover the issues associated with Hurricane Sandy The New York Attorney General’s Office has launched an official criminal investigation into allegations regarding government contractors and their work relating to 2012’s Hurricane Sandy. The powerful hurricane hit the state quite hard, causing millions of dollars worth of damage. The federal National Flood Insurance Program has been struggling to accommodate the cost associated with the disaster, facing allegations of rejecting claims unjustly and working with third party organizations that have mishandled insurance policies. Growing number of homeowners…
Read MoreNew York help line helps resolve problems with health insurance
Help line established in New York helps consumers voice their complaints about the insurance idnustry A help line established by the New York Attorney General’s Office has helped return millions of dollars to state residents that have been overbilled on their health insurance policies or were denied benefits by their insurer, according to Attorney General Eric T. Schneiderman. The help line was put in place in 2011, giving New York residents an opportunity to voice their concerns regarding insurance companies and how they conduct business. More than $12 million returned…
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