New York, New Jersey Want Washington to Pay More Storm Costs

Thursday, November 1st, 2012 Catastrophe Property

New York state on Wednesday asked the U.S. federal government to pay all the costs of cleaning up and repairing damage from massive storm Sandy that tore through the Northeast this week and crippled New York City. Governor Andrew Cuomo said he is asking fellow Democrat, President Barack Obama, to pay 100 percent of the estimated $6 billion bill, at a time that state and local government budgets remain constrained by a weak economic recovery.


External References & Further Reading
http://www.insurancejournal.com/news/east/2012/11/01/268691.htm
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