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NY Gov Acts To Speed Up Sandy Insurance Claims

"The claims professionals and adjusters for all of our members are working extraordinary hours to help every one of their customers in need, even in some cases as they deal with the storm's impact on their own families," Baldwin said.

The state Department of Financial Services will also post online report cards that will rate insurance companies' performance. The website is at www.NYInsure.ny.gov .

"They will be held accountable for their performance," said Cuomo, noting he regulates and licenses the companies.

State Financial Services Superintendent Benjamin Lawsky is continuing a moratorium in Bronx, Kings, Nassau New York, Orange, Queens, Richmond, Rockland, Suffolk and Westchester counties that prohibits companies from canceling homeowners' and small business insurance for any reason, including nonpayment of premiums, through Dec. 15.

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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