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Post-Sandy NYC

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2013_4_SandyBlackout.JPGAccording to an attorney representing restaurants in post-Sandy insurance disputes, insurers should have to pay out for business interruption claims even if they don't have flood insurance, because the downtown blackout was caused by an explosion at a Con Ed facility rather than flood damage. As Crain's reports, even many of those with flood insurance, like 'wichcraft, are getting back as little as 10 percent of their claim. [Crain's, Previously]

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