Superstorm Sandy claims News

New York City has reached a tentative settlement to pay back $5.3 million obtained through fraudulent claims to the Federal Emergency Management Agency after Superstorm Sandy. The New York Times says the city got relief funds for supposedly storm-damaged Department …

Narragansett Bay Insurance Company (NBIC) was ordered to pay a $327,400 penalty for failing to perform timely inspections of Superstorm Sandy damage claims as required by New York Insurance Law and regulations. The company’s violations were uncovered as part of …