Bank Representatives Will Be Available March 4th through March 9th to Meet One-on-One With Homeowners to Help Expedite Release of Insurance Settlement Funds
Senator Charles J. Fuschillo, Jr. (R-Merrick) announced that Fannie Mae and Freddie Mac have agreed to new rules to accelerate the release of insurance proceeds to homeowners affected by Superstorm Sandy. Fannie Mae and Freddie Mac have reduced restrictions on how banks and mortgage services may release insurance money to homeowners.
Senator Charles J. Fuschillo, Jr. (R-Merrick) is informing residents that the New York State Department of Financial Services (DFS) has established a voluntary mediation process for homeowners disputing their insurance claims or dissatisfied with denials of their claims arising from Storm Sandy.
Senator Charles J. Fuschillo, Jr. (R-Merrick) and the New York State Department of Financial Services will be sponsoring a free program in Copiague to assist residents and business owners with insurance related issues stemming from damage caused by Hurricane Sandy.
Senator Fuschillo has arranged for the Department of Financial Services’ Mobile Assistance Unit to be in front of the Tanner Park Senior Center, which is located on Baylawn Avenue in Copiague, this Wednesday, February 27th from 11 am to 7 pm. Department of Financial Services representatives will be available to meet one-on-one with residents and answer storm-related questions about homeowners’, renters’, and business owners’ insurance coverage.
Senator Charles J. Fuschillo, Jr. (R-Merrick) and the New York State Department of Financial Services will be sponsoring a free program in Bellmore to assist residents and business owners with insurance related issues stemming from damage caused by Hurricane Sandy.