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Sandy flood insurance claims to be reviewed by FEMA

The flood insurance claims filed by every Superstorm Sandy victims will be reopened and reviewed by Federal Emergency Management Agency (FEMA).

The flood insurance claims review will involve approximately 144,000 claims and not limit corrective action to 2,200 that are currently in litigation, AP reported.

The step was taken following allegations of fraud involving the way some insurance companies assessed flood damage. However, Insurers have denied any wrongdoing.

"This is a good day for people who have been going through months and months and months of frustration," NJ.com has written quoting U.S. Sens. Cory Booker.

FEMA will send letter about the new review process to those who have filed flood insurance claims.

Hurricane Sandy was the most destructive hurricane of the 2012 Atlantic hurricane season, as well as the second-costliest hurricane in United States history. More than 200 people died by Sandy along the path of the storm in eight countries.

Comments

  1. Bear in mind Hurricane Katrina? The actual typhoon gusts of wind blew overflow waters in to locations that will had never ever had floods prior to. The actual insurance coverage sector denied a large number of boasts, attributing this problems to be able to overflow. A large number of people who were thin air in close proximity to the overflow simply had the boasts denied because they wouldn't get overflow insurance coverage. Thus, allow me to share several popular misconceptions regarding Avalanche Insurance coverage. insurance news.

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