A New York and New Jersey Lawyer Who Represents Policyholders and Beneficiaries in Life Insurance Denial Cases

Bloomberg reports that the House has passed a relief measure to aid victims of Hurricane Sandy, raising the borrowing power of the federal flood insurance program by $9.7 billion, and consequently, continuing to pay damage claims to 120,000 policyholders.

House Speaker John Boehner came under immense fire for preventing a vote on the bill from both sides of the aisle, most notably New Jersey Governor Chris Christie. The measure was passed by all House members, except for 67 Republicans who opposed it.

On January 15 the House is scheduled to vote on another measure that would raise the total amount of aid to $60 billion.

Meanwhile, persons who suffered damage as a result of Hurricane Sandy should be advised that there are other sources of relief than flood insurance, such as aid from FEMA and the Small Business Administration.

Leave a Reply