N.Y., Fema Fight Over Flood Insurance Claims
Long Island Business News › December 19, 2011
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Summary
After floods from Tropical Storm Irene in August and Tropical Storm Lee caused damage on Long Island and across the state, New York regulators began calling insurers and aggressively following up on complaints.
The result has turned not simply into a torrent of praise for a state standing up for consumers, but into a turf war between federal and state regulators over who has the right to monitor claims.See the full content of this document
Extract
N.Y., Fema Fight Over Flood Insurance Claims
The dispute dates back to October, when the Federal Emergency Management Agency berated the New York State Department of Financial Services for requesting information from insurers.
The agency lat...See the full content of this document
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