Sandy victims hit with flood insurance double punch

Posted by John Cofini on Wed, Nov 05, 2014 @ 01:34 PM

When Hurricane Sandy hit in October 2012, it impacted 24 states, including the entire eastern seaboard from Florida to Maine and as far west as Michigan and Wisconsin. It damaged hundreds of thousands of homes and businesses, forced thousands of people into shelters, and wreaked havoc on vital infrastructure. Overall damage estimates in the U.S. are around $65 billion, making Sandy the second costliest hurricane in U.S. history after Katrina.

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Tags: New York insurance, New York homeowners insurance, flood insurance, homeowners insurance, Sandy recovery

Navigating the landmines in New York construction insurance

Posted by John Cofini on Tue, Aug 20, 2013 @ 12:40 PM

With costs continuing to rise in every aspect of the construction industry, contractors are scrambling for ways to cut those costs. And since insurance is one of their biggest expenditures, many are adjusting their coverage in an effort to reduce their premiums.

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Tags: New York construction insurance, New York insurance, Milbrandt Insurance, new york contractor insurance, new york construction, new york construction industry

Thank Goodness for New York Business Insurance

Posted by John Cofini on Wed, Oct 31, 2012 @ 01:01 PM

Warnings for the super storm began last week, advising Northeast residents to prepare for evacuations. Citizens stocked up on water and canned foods, some even packing up and leaving their vulnerable area. New York and New Jersey businesses also had time to organize themselves and their paperwork for the expected damage claims during the calm before the storm. Everyone heard of the storm’s strength but didn’t exactly know how powerful Sandy could be until Monday evening, when the storm struck with full force.

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Tags: business insurance, new york business insurance, New York insurance, New Jersey insurance