New York Senator Says Sandy Repair Costs Should Be Reimbursed
Sen. Charles Schumer says New York City homeowners who spent their own funds to make repairs after Superstorm Sandy should be reimbursed for costs that haven’t been covered by federal emergency aid or insurance.
Schumer sent a letter to Housing and Urban Development Secretary Shaun Donovan on Tuesday, asking that the federal agency review plans from places like New York City that are getting federal disaster recovery money to make sure reimbursement proposals are included.
New York City is getting $1.77 billion in Community Development Block Grant-Disaster Recovery funding and is required to have a plan for how the money will be used.
The city said the public comment period on the plan just closed, and it is considering recommendations for the final plan, including reimbursements.
HUD had no comment.
- ‘Fearless Girl’ Lawsuit by State Street Settles on Eve of Trial
- Insurers Get Green Light to Pay Less Than Billed Charges in Florida PIP Cases
- Jury Awards $80M to 3 Former Zurich NA Employees for Wrongful Termination
- 4,800 Claims Handled by Unlicensed Adjusters in Florida After Irma, Lawsuit Says
- CoreLogic Report Probes Evolving Severe Convective Storm Risk Landscape
- Report: Vehicle Complexity, Labor ‘Reshaping’ Auto Insurance and Collision Repair
- EVs Head for Junkyard as Mechanic Shortage Inflates Repair Costs
- Poll: Consumers OK with AI in P/C Insurance, but Not So Much for Claims and Underwriting