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Despite extensive media coverage of the widespread, multistate flooding caused by Superstorm Sandy last fall and Hurricane Irene in the summer of 2011, 1 in 5 homeowners is still surprised to learn that home insurance does not cover flooding, according to a Bankrate nationwide survey as part of the April Financial Security Index.The survey found that 18% of consumers didn't know that a standard homeowners policy specifically excludes flood-related damage, while 81% were aware of the need to purchase a separate flood insurance policy from the federal National Flood Insurance Program, or NFIP, to guard against flood loss.The Federal Emergency Management Agency, or FEMA, which administers the NFIP, generally classifies properties as either at high risk or moderate-to-low risk of flooding. When consumers were asked if they knew for sure which category applies to their home, just more than half, or 51%, said "yes," while 43% said "no."The Industry is Heartened by the ResultsBankrate's surve...
N.J. State Sen. Joe Kyrillos, (R-Monmouth), on the delays in getting FEMA aid to Superstorm Sandy victims.
WSJ Editorial Board Member Stephen Moore on Superstorm Sandy victims’ efforts to get aid to rebuild.
The Wall Street Journal’s Dan Henninger on the blame-game over the slow response in getting aid to victims of Superstorm Sandy.
As the fiscal cliff looms, as the president jets back from Hawaii and elected officials like Nancy Pelosi glumly avoid using military jets for junkets for fear of me...
Sandy's lasting lessons about insuranceThe beating taken by Superstorm Sandy's victims in the Northeast was followed by some stinging slaps, including lengthy power ...
As snowbirds head south to escape the cold temperatures, the houses they are leaving behind are susceptible to damage from theft, vandalism and natural disaster.Befo...
Former New York City Mayor Rudy Giuliani on the federal response after Hurricane Sandy.
ABC Radio’s Bernard McGuirk and author Imogen Lloyd Webber on the possibility of Vogue editor Anna Wintour becoming an American Ambassador.
Construction workers in the U.S. Northeast should see hiring pick up after years of job losses, as the region gears up efforts to rebuild after the devastation broug...
Former BP Fund Administrator Ken Feinberg on the challenges ensuring federal money given to states such as New York and New Jersey for Hurricane Sandy relief actually goes to who needs it.
In the aftermath of Hurricane Sandy, small-business owners in the tri-state area are attempting to piece together the remains of their companies. Here, Hurricane Katrina survivors talk about how they rebuilt after the storm, and the role the SBA had in their success.
When Sandy swept through the East Coast, it took more than homes and public property. The estimated $50 billion in damage left thousands out of work and even more wo...
If a disaster covered by home insurance destroys your house, one big expense might catch you by unpleasant surprise -- the cost of meeting new building codes.Most st...
Arkansas Attorney General Dustin McDaniel has asked Exxon Mobil Corp. (XOM) for $4 million to pay for the state's investigation into a pipeline rupture that led to a...
Small Business Administration extends application deadline for residential and business physical disaster loans until April 13 in New York and May 1 in New Jersey.
Al Roker of the "Today" show recently did a PSA on how to think ahead for a disaster. The beloved weatherman has covered countless hurricanes, tornadoes and other na...
The president has been busy touring the country this week warning Americans about the damaging effects of the automatic spending cuts, but some experts say his cauti...
Wildfires in the West, flooding and landslides in Alaska and hard-hitting Superstorm Sandy were just a few of the major natural disasters that hit the United States ...
Severe weather warnings are in effect across the country for Winter Storm Q, is your business at risk? Here are 10 steps to help protect your business when disaster strikes.
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