Cuomo: Mediation for denied Sandy insurance claims

Laborers remove debris from a home damaged by Superstorm Sandy on January 4, 2013 on Staten Island. More than two months after the storm, Congress passed legislation today that will provide $9.7 billion to cover insurance claims filed by people whose homes were damaged or destroyed by Sandy.  (Photo by John Moore/Getty Images)
Laborers remove debris from a home damaged by Superstorm Sandy on January 4, 2013 on Staten Island. More than two months after the storm, Congress passed legislation today that will provide $9.7 billion to cover insurance claims filed by people whose homes were damaged or destroyed by Sandy. (Photo by John Moore/Getty Images)

Governor Cuomo announced a mediation service for homeowners whose Sandy insurance claims have been denied, offered through the Department of Financial Services.

The program was established by an emergency amendment to Regulation 64, to be administrated by AAA. The amendment obligates insurers to notify homeowners of their right to mediate eligible claims.

Insurers will have to participate in mediations in good faith and foot the bill for the AAA’s costs.

After Hurricane Andrew, a Florida Department of Insurance program mediated 2,400 claims with a 92 percent settlement rate.

After Katrina, a similar program in Lousiana processed 15,000 cases, successfully settling 74 percent of them. Mississippi saw 5,000 cases, 82 percent of which were settled.

The mediation can be face-to-face or via video conference or over the phone, by agreement between the insurer and homeowner.

The governor’s office noted that homeowners are not bound by the results of the mediation: they can still request an appraisal or file a civil suit, or exercise other legal rights.

 

Follow Danielle Tcholakian on Twitter @danielleiat


News
Entertainment
Sports
Lifestyle
Local

Easter 2014: The year's best bonnets

It's Easter, and that means it's time for Fifth Avenue to turn into a veritable catwalk of bonnet-wearers. The annual march, which kicks off at…

Local

Woman arrested for attempted kidnapping of baby in…

Authorities said that a Queens woman behind an attempted kidnapping of an 8-month-old baby boy was arrested on Saturday.

Local

Hate crime charge in attack on Sikh Columbia…

A man has been arrested and charged with a hate crime after he allegedly pulled the beard of a Sikh Columbia University professor as part…

Local

NYPD arrest man after finding body inside plastic…

Police said they found a man stuffed inside a plastic container in a Brooklyn home. Authorities arrested Joshua Simser, 24, in connection to the death

Television

Discovery cancels 'Everest Jump Live' special in wake…

The Discovery Channel has indicated it will not be moving forward with "Everest Jump Live," a planned special about mountain climber Joby Ogwyn's effort to…

The Word

'X-Men' director Bryan Singer drama continues

  News broke late last week that "X-Men" and "The Usual Suspects" director Bryan Singer is being sued by a man who said Singer molested…

The Word

Miley Cyrus cancels more dates, tweeting from hospital

Miley Cyrus is reportedly so sick that she's had to postpone more tour dates. We know this because she has been sitting in a hospital…

Music

Loop are, er, um, back in the loop

Experimental noise rock band Loop's three mid-1980s to early-1990s albums, “Heavens End,” “Fade Out” and “A Gilded Eternity,” were mercifully reissued.

NHL

Rangers let chance at victory slip away in…

All the Rangers had to do was hold serve in a raucous Madison Square Garden — roaring in anticipation of putting a hated rival in a 2-0 series hole.

MLB

Yankees place Ivan Nova on DL with partially…

Yankees starter Ivan Nova was diagnosed with a partially torn UCL in his throwing elbow Sunday.

NHL

Rangers never thought opening round would be 'an…

You might have thought the Metropolitan Division semifinal series was going to be a rout after watching Game 1 Thursday night. The Rangers did not.

NHL

Rangers blow two-goal lead in Game 2 loss…

The Rangers got out to an early 2-0 lead in Game 2 and the Garden was rocking. But it went downhill quickly from there.

Travel

Packing: The one thing you need in your…

A new survey that looks at the travel habits of 50,000 people around the world has revealed that Western and Asian globetrotters have different priorities…

Home

Is your chair making it hard to talk?

Ever wished there was an office chair that could make impromptu meetings and discussions more private? The Cristiana Wing Chair is an asymmetrical armchair which…

Travel

Live large at these luxury hotels

From Thai boxing lessons and macabre Dracula tours to the Australian Outback, the Four Seasons hotel chain launched a series of new travel packages this…

Parenting

4 things that every summer camp should have

Alan Saltz, director of the 92nd street Y program lists things that every summer camp should have.