Note to Texas, Florida: Insurance fights over Sandy rage on - News Summed Up

Note to Texas, Florida: Insurance fights over Sandy rage on


The destructive floodwaters of Superstorm Sandy receded quickly, but some storm victims are still neck-deep in a battle over insurance payouts. And many victims of this year's storms in Texas, Florida and elsewhere should brace themselves for a similar fight, lawyers involved in Sandy insurance battles say. After nearly every major storm, lawyers for Sandy victims said, disputes arise over fair payouts that can be maddeningly difficult to resolve. The National Flood Insurance Program was created to protect homeowners unable to buy insurance in the private sector because they live in high-risk flood zones. Sandy victims were initially told they had just 60 days, though deadlines for many were later extended.


Source: ABC News September 23, 2017 12:07 UTC



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