Superstorm Sandy News

New Jersey Towns to Share $7.5M for Flood Buyouts

Two New Jersey towns will share $7.5 million in federal grants to fund the acquisition and demolition of homes in flood-prone areas. Woodbridge will receive more than $3.8 million to buy and demolish 98 homes and Manville will receive $3.7 …

Millions Face Higher Flood Insurance Premiums

A $24 billion sea of red ink has millions of Americans in vulnerable flood zones, including homeowners still struggling to recover from Superstorm Sandy, facing steep increases in flood insurance premiums. New legislation that went into effect this month – …

Sales Tax Dispute At Heart of Lawsuit Against Selective Insurance

A New Jersey couple sued an insurance company Friday, claiming it defrauded them out of the sales tax in their Superstorm Sandy claim, and their lawyer said others might also have been affected. Charles and Beverly Mooney sued in federal …

FEMA to Allow Review of Disputed Sandy Flood Insurance Claims

Federal Emergency Management Agency officials have agreed to let Superstorm Sandy victims who think their insurance claims were not fairly paid out to undergo a review. The review could include up to 144,000 claims and won’t limit corrective action to …

Sandy Victims Would Get Estimates on Rebuilding Aid Under New Jersey Bill

New Jersey residents still recovering from Superstorm Sandy would get individual estimates of when they can expect to receive rebuilding aid under legislation proposed by the state Senate president. Steve Sweeney says his bill is designed to increase transparency and …

FEMA Exec Tells ’60 Minutes’ He’s Seen Evidence of Fraudulent Reports

The head of Federal Emergency Management Agency’s (FEMA) flood insurance program acknowledged he has seen evidence of fraudulent engineering reports that may have been used to deny flood claims by Superstorm Sandy victims, according to CBS’s “60 Minutes” program that …

New Jersey Senators Want Sandy Insurer Fraud Probe

New Jersey’s U.S. senators want the state attorney general’s office to investigate possible fraud by insurance companies following Superstorm Sandy. Sens. Robert Menendez and Cory Booker asked Acting Attorney General John Jay Hoffman to investigate any fraud by insurers looking …

FEMA in Settlement Talks Over Sandy Flood Insurance Claims

The Federal Emergency Management Agency is working to settle lawsuits by hundreds of Hurricane Sandy victims who challenged denials or alleged underpayments of flood insurance claims. Brad Kieserman, deputy associate administrator for insurance at FEMA, disclosed the settlement talks during …

Army Corps Releases Coastal Flood Risk Management Plan

The U.S. Army Corps of Engineers on Wednesday issued a report saying that managing the flooding risk along the North Atlantic coast from events like Superstorm Sandy is something that has to be done collaboratively by all levels of government …

New Jersey Legislation Outlines How State Will Dole Out Disaster Aid

New rules would direct how New Jersey distributes disaster aid. The Assembly on Thursday is scheduled to consider a bill that would require the governor to deliver federal aid to disaster victims in proportion to the damage suffered in each …