Sandy Insurers Battle Flood Claim Lawsuits

Monday, December 22nd, 2014 Litigation Property Risk Management

The havoc storm Sandy wrought up and down the East Coast has for most people receded into the past. But not for everyone. A barrage of federal lawsuits accuse a number of insurance companies -- including The Hartford Financial Services Group and The Travelers Cos. -- of improperly reducing flood-damage payments to homeowners in the wake of the 2012 storm. The conflict involves more than 1,000 lawsuits. Attorneys suing insurers in many of the cases offer a similar, general allegation.


External References & Further Reading
http://insurancenewsnet.com/oarticle/2014/12/21/storm-sandy-insurers-battle-flood-claim-lawsuits-a-580711.html
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