Hurricane Sandy sparks aggressive support from New York officials

November 22, 2012November 20, 2012 Marc

New York officials mobilize to help victims in wake of Hurricane Sandy Homeowners in New York are still reeling in the wake of Hurricane Sandy, which struck the state and its neighbors in late October. The storm proved to overcome expectations of its strengths and caused havoc throughout the state, generating widespread floods and claiming 131 lives in the U.S. Insurers are still evaluating the damage caused by the storm, but estimates concerning Hurricane Sandy’s impact suggest that the storm caused some $50 billion in damages. Staten Island residents find…

Homeowners insurance customers to receive assistance with Sandy claims

November 7, 2012November 6, 2012 H. Cutner

Officials in New York have changed the regulations to help ease the process and help victims. Homeowners insurance companies that are providing coverage to residents of New York whose homes were damaged by Hurricane Sandy will now be facing some different rules to help speed up claims processing. The new rules have to do with the acceptable forms of loss documentation. For claims relating to damage caused by superstorm Sandy in New York, homeowners insurance companies are now required to accept the documentation of the losses provided by the policyholders,…