Long Island To See Flood Insurance Rates Soar As Fed Changes ProgramFlood insurance reform will soon impact hundreds of thousands of folks who live in low-lying parts our area.
Gillibrand Introduces Flood Insurance Reform BillGillibrand said many New Yorkers whose homes were damaged or destroyed during Superstorm Sandy three years ago faced a burdensome and fraud-ridden claims process.
FEMA Offers Review Of Sandy Payouts Following Fraud Claims, But Some Say They're SkepticalIt's an offer you'd think homeowners can't refuse: the possibility of more money on their damaged home claims from FEMA.
Top FEMA Insurance Official Resigns; FEMA Sets Up Review Process For Sandy ClaimsFederal 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.
NJ Lawmakers Say More Help Coming To Homeowners Struggling After SandyU.S. Sen. Robert Menendez and other New Jersey lawmakers on Friday announced the Federal Emergency Management Agency will take new steps to help homeowners still struggling to rebuild.
Menendez/Grimm Flood Insurance Affordability Bill Passes, Awaits President's SignatureCongress passed a bill Thursday scaling back what had been drastic increases in flood insurance rates for many homeowners. It passed in the Senate by a vote of 72 to 22.
Congress Clears Bill To Ease Flood Insurance HikesCongress passed a bill scaling back flood insurance premium increases, allowing below-market insurance rates to be passed on to people buying homes.
Schumer, Rockaway Residents To Senate: Pass Flood Insurance BillThe Homeowner Flood Insurance Affordability Act, co-sponsored by Rep. Michael Grimm, R-Staten Island, would cap yearly premium increases at 18 percent.
New York Officials Urge U.S. Senate To Approve Homeowner Flood Insurance Affordability ActThe legislation, which is sponsored by U.S. Rep. Michael Grimm, aims to provide relief to homeowners who live in flood-prone areas.
House OKs Bill Rolling Back Huge Flood Insurance Premium HikesThe bill would allow sellers to pass along their subsidized, below-market insurance rates to new buyers and lower the limit on how much flood insurance premiums can rise each year. The measure was approved 306-91.
Menendez's Bill To Block Spike In Flood Insurance Premiums Passes SenateThe 67-32 vote reflects widespread alarm about changes enacted two years ago to shore up the program's finances. In many cases the changes produced unexpected, sky-high insurance rates that are unaffordable for many homeowners in flood-prone areas.
Toms River Mayor Signs Eminent Domain Ordinance For Dune SystemMeantime, a bipartisan group of lawmakers Tuesday unveiled legislation that would delay for about four years several changes to the federal government's flood insurance program that are threatening to sock thousands of people with unaffordable premium hikes.
Maloney: New Yorkers Could Soon See Flood Insurance Rates SkyrocketU.S. Reps. Carolyn Maloney and Nydia Velazquez (D-N.Y.) warned Sunday a dramatic increase that could soon be facing New Yorkers.
A Year After Sandy, Many Victims Are Still Struggling To RecoverBillions of dollars in federal aid appropriated months ago by Congress have yet to reach homeowners who need that money to move on. Many have found flood insurance checks weren't nearly enough to cover the damage.
Fast Approaching Insurance Deadline Could Trigger Flood Of Lawsuits From Sandy VictimsAn insurance deadline that could limit the options for thousands of Hurricane Sandy victims is quickly approaching and that deadline could bring a flood of lawsuits.