NJ debt downgraded for fifth time under Christie
TRENTON — A major Wall Street credit-rating agency downgraded New Jersey’s debt again Thursday, unnerved by “both the scale and belatedness” of an $807 million budget gap disclosed this week by Gov. Chris Christie’s administration. The action…
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Posted: May 2nd, 2014 | Author: admin | Filed under: Chris Christie, Christie Administration, New Jersey, New Jersey State Budget | Tags: Chris Christie, Christie Administration, Fitch NJ Credit Rating, New Jersey's Credit Rating, NJ State Budget | 2 Comments »
photo by Art Gallagher
TRENTON –The Christie Administration today urged the Federal Emergency Management Agency (FEMA) to grant New Jersey residents and businesses who suffered property damage or destruction in Superstorm Sandy an additional six-month extension to file a complete flood insurance claim, or proof of loss, in connection with the storm. The Administration is asking that the filing deadline be extended from April 28, 2014 to October 28, 2014.
“Superstorm Sandy was the worst natural disaster to strike New Jersey in a generation, and the process of rebuilding has been expensive and complicated. Homeowners and business owners simply need more time to file their final flood insurance claims,” said Governor Christie. “Many property owners have begun to rebuild only to find there was more damage than they originally thought. This extension would give New Jersey residents the vital extra time they need to successfully navigate the flood claims filing process and restore and rebuild their properties.”
A proof of loss is a form used by the policyholder to support the amount they are claiming under the policy, which must then be signed, sworn and submitted to the insurance company with proper supporting documentation. An extension of the filing deadline would give homeowners and business owners additional time to evaluate newly discovered damages and costs, obtain proper documentation, and submit detailed information in a supplemental proof of loss.
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Posted: April 8th, 2014 | Author: admin | Filed under: Chris Smith, Christie Administration, FEMA, National Flood Insurance Plan, Press Release, Superstorm Sandy | Tags: Chris Christie, Christie Administration, Extention, FEMA, Insurance Claims, Press Release, Superstorm Sandy | Comments Off
Photo Credit: Paul Scharff Photography.
The Governor’s Office has announced that Governor Chris Christie’s Town Hall Meeting in Belmar on Tuesday, March 25 will start at 11:30am, instead of the previously announced 11:00 am.
The mobile cabinet meeting which will include Office of Recovery and Rebuilding Director Marc Ferzan, DEP Commissioner Bob Martin, Human Services Commissioner Jennifer Velez, EDA CEO Michele Brown and Banking and Insurance Commissioner Ken Kobylowski is scheduled to start at 1PM, immediately following Christie’s Town Hall.
The Cabinet members will meet with affected residents and answer questions related to the available Sandy recovery housing and business assistance programs. Homeowners and business owners interested in attending can expedite the process by bringing relevant documentation related to the issue they are facing.
Christie plans to discuss the Administration’s plan for getting the second round of federal Sandy recovery funds into the hands of New Jersey families. However, the Governor will take questions on any topic.
Residents can RSVP to TownHall.Belmar@gov.state.nj.us. Doors open at 9:30 am and seating is on a first come, first serve basis and open to the public. No bags of any kind are permitted in the venue and personal items are subject to search. Due to safety requirements, law enforcement officers will be in attendance and will wand all attendees.
Posted: March 24th, 2014 | Author: Art Gallagher | Filed under: Chris Christie, Christie Administration, Superstorm Sandy | Tags: Belmar, Chris Christie Town Hall, Christie Administration, Sandy, Superstorm Sandy | Comments Off