Bill

Bill > SCR22


NJ SCR22

NJ SCR22
Urges U.S. Department of Justice to investigate certain claims handling practices related to Superstorm Sandy flood insurance claims.


summary

Introduced
01/09/2024
In Committee
01/09/2024
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

A recent court case in New York, and similar reports in New Jersey, have revealed in great detail, allegations that insurance companies handling Superstorm Sandy flood insurance claims, in potentially hundreds of cases, committed reprehensible practices including secretly rewriting engineering reports to change the reports' conclusions to avoid covering the loss, leaving insured homeowners to suffer the loss. This resolution urges the United States Department of Justice to investigate the claims handling practices of insurance companies handling flood insurance claims to determine if engineering reports or other investigatory activities were manipulated to fraudulently deny coverage to Superstorm Sandy victims, and if laws have been violated, to hold those insurers accountable.

AI Summary

This concurrent resolution urges the United States Department of Justice to investigate allegations that insurance companies handling flood insurance claims for victims of Superstorm Sandy may have engaged in fraudulent practices, such as secretly altering engineering reports to deny legitimate claims, which would violate laws and require holding these insurers accountable.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Introduced in the Senate, Referred to Senate Commerce Committee (on 01/09/2024)

bill text


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