Volume of claims delays Sandy settlements at the Jersey Shore (Philadelphia Inquirer)

December 30, 2012 – Hopes of getting the hardest-hit stretches of the Jersey Shore rebuilt by next summer are fading, as delays in insurance settlements mount and uncertainty hangs over federal aid. More than 70,000 property owners have filed claims with the National Flood Insurance Program, according to the Federal Emergency Management Agency (FEMA). The agency would not say how many of those claims had been settled, but in communities up and down the Shore, property owners and local officials reported that only a small percentage of homeowners had seen flood insurance settlements two months after Sandy made landfall.

Link to Full Article: http://www.philly.com/philly/news/politics/nj/20121230_Volume_of_claims_delays_Sandy_settlements_at_the_Shore.html


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