Cuomo rolls out moves to hasten insurance payments
Photo credit: Angela Gaul | Andy Lopez speaks with his employer from the ruins of his trailer home, which was destroyed by superstorm Sandy in the Ba Mar trailer park in Stony Point. The roof was ripped off and a tree fell on the roof and into his bedroom. (Oct. 31, 2012)
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Gov. Andrew Cuomo on Thursday announced initiatives to speed the payment of insurance claims to New Yorkers affected by Hurricane Sandy and the launch of a new website with report cards grading the performance of insurance companies.
The initiatives include:
• A new regulation by the Department of Financial Services designed to cut the amount of time insurers have to send adjusters to...
