Yes, it’s last minute, but we’re passing it along anyway…
State Assembly Insurance Committee Chair Kevin A. Cahill will be holding a roundtable today at 2:00 p.m. at the Shorefront YM-YWHA of Brighton – Manhattan Beach (3300 Coney Island Avenue) to discuss the claims settlement practices of insurers related to Superstorm Sandy. He will be joined by Assemblymembers Steven Cymbrowitz, Helene Weinstein and Alec Brook-Krasny.
Cahill has been making the rounds to Sandy-afflicted areas to discuss the topic, and it may result in proposed legislative changes in the case of future disasters.
“The damage caused by Sandy left hundreds of thousands of homes and commercial properties without power and caused an extraordinary amount of property damage,” said Cahill. “This roundtable will help us determine if insurance companies adequately responded to claims from families and businesses that rely on their insurance policies to recover from such a disaster.”
The committee will also hear testimony from representatives of the Department of Financial Services, insurance agents and brokers, consumers, adjusters and major insurance companies.