Letter: Insurer will pay who for delays?
FILE - This Oct. 30, 2012 file photo shows a boat floating in the driveway of a home on Long Island in the flooding aftermath of Superstorm Sandy, in Lindenhurst, N.Y. Protests from homeowners facing higher flood insurance premiums because of reforms in 2012 are inspiring coastal lawmakers to press for delays that would preserve subsidized, below-cost rates for hundreds of thousands of people in flood-risk areas. (AP Photo/Jason DeCrow, File) Credit: AP
I see where my new insurance company, Narragansett Bay, was fined for delays in visiting homes damaged by superstorm Sandy ["Insurer fined $327G," Business, May 29]. This is not at all reassuring for any future needs I might have.
I would also like to know who exactly will receive the money from this fine? I somehow doubt it will go to the poor homeowners who suffered this disaster, but instead will find its way into government coffers. Seems like a lot of salt on a still very deep wound.
Steve Feuer, Oceanside
