disastrous recovery

Scott Lynch

How Flood Insurance Failed Superstorm Sandy Victims When Their Homes Actually Flooded

It’s difficult to think of natural disasters as a business, but ultimately they are. More than three years ago, Superstorm/Hurricane Sandy hit heavily populated parts of the East Coast. We’re a wealthy country, though, with a robust national flood insurance program, plenty of disaster aid, and a can-do spirit. All of the people driven out of their homes have rebuilt or received settlements and moved on, right? No. [More]