Hurricane Sandy
Ocean County Schools Receive Reimbursement From Sandy
Individual reimbursements will range from $1,000 to $7.5 million, depending on the severity of the claim.
Beginning December 1, eight Ocean County school districts will be receiving money from a New Jersey insurance fund in the first round of reimbursements for damage from Sandy. Barnegat, Beach Haven, Little Egg Harbor, Long Beach Island, Point Pleasant Borough, Southern Regional, Stafford Township school districts and Ocean County College are part of School Alliance Insurance Fund (SAIF), which recently received $5 million from Lexington Insurance as a prepayment for losses that could eventually total $20 million statewide, according to Stephanie Voorhees, SAIF chairwoman. Voorhees said the final figures will be based on inspections from insurance adjustors, who are working overtime to check claims for damaged roofs, solar panels, school …
steve
9:45 pm on Thursday, November 22, 2012
Nice to dream. I doubt it. That is exactly where it's going. You don't think it will go to the students do you. Never does! more ›