Charles Lane

Charles Lane appears in the following:

Care To Buy An Island Off The Hamptons? Don't Mind The Foot-And-Mouth Disease

Saturday, September 05, 2015

Plum Island lies just off the tip of Long Island, not far from the Hamptons. It sports miles of unblemished shoreline, hundreds of acres of undeveloped forest, a lighthouse — and the federal government is planning to put all of it on the auction block.

But before you go putting ...

Comment

When Gold Prices Drop, Who Benefits?

Monday, August 17, 2015

Gold prices have seen a small increase in the last few days — thanks to jitters over China's currency devaluation. That bump up is minor compared to the overall drop gold has seen since its 2011 peak.

Comment

The Economic Reality Of The Same-Sex Marriage Ruling

Monday, June 29, 2015

From less-complicated tax filing to reducing uncertainty over medical decisions, the Supreme Court's ruling will have a wide impact on same-sex households. It will also affect corporate policies.

Comment

Target To Sell 1,600 In-Store Pharmacies To Drug Chain CVS

Tuesday, June 16, 2015

Retail giant Target said Monday that it's offloading its pharmacy and clinic business to CVS. The nearly $2 billion acquisition still needs to be approved by the Federal Trade Commission.

Comment

FEMA To Allow Superstorm Sandy Victims To Review Flood Claims

Monday, May 25, 2015

The Federal Emergency Management Agency is allowing more than 140,000 victims to review claims if they feel insurance companies shortchanged them.

Comment

Why Sandy Homeowners Were Left in the Lurch

Thursday, May 14, 2015

WSHU
Despite what insurers say, they had a financial incentive to avoid overpaying claims. But if they underpaid and were taken to court, FEMA would cover their legal fees.  

Comments [1]

No Joke. Flood Insurance Rates Increase On April 1

Wednesday, April 01, 2015

About a million people will see their premiums double. The rate increase is part of an effort to bring down the debt for the program which subsidizes insurance for people living in flood zones.

Comment

FEMA's Appeals Process Favored Insurance Companies Almost Every Time

Monday, March 16, 2015

It's the latest step in a growing controversy after thousands of homeowners said insurance companies lowballed damage estimates and insurance insiders called the appeals process "rigged."

Comment

Feds Prepared To Reopen All Superstorm Sandy Insurance Claims

Wednesday, March 11, 2015

FEMA's move comes after months of questions about whether insurance companies shortchanged homeowners.

Comment

Resolving FEMA's Flood Claims Could Cost Billions

Thursday, March 05, 2015

Federal officials have agreed to re-evaluate any Sandy-related flood insurance claim with questionable practices.

Comment

FEMA Begins Settling Flood Insurance Claims

Tuesday, March 03, 2015

WSHU
On the hot seat after revelations of fraud, the federal agency makes deals with 160 homeowners in just two weeks.

Comments [1]

Superstorm Sandy Victims Say FEMA's Role Is Fatally Conflicted

Saturday, February 21, 2015

After Superstorm Sandy in 2012, Kathy Hanlon's life crumbled. Her Long Beach, N.Y., home had no electricity, her family was traumatized and one of her sons was getting sick. On top of that, there was the bureaucratic maze of flood insurance.

"I cried many times because I was so angry ...

Comment

National Flood Insurance Was Once Just Broke; Now It Looks Broken

Friday, February 20, 2015

Homeowners say they've been systematically cheated — the government promises reform.

Comments [2]

FEMA In Talks To Settle Sandy Flood Insurance Claims

Friday, February 20, 2015

The Federal Emergency Management Agency has been holding talks with lawyers representing Superstorm Sandy victims who say insurance claims fraud cheated them out of tens of thousands of dollars.

Comment

Raid on Engineering Firm Suspected of Undercutting Sandy Homeowners

Wednesday, February 18, 2015

Investigators for New York Attorney General Eric Schneiderman raided the headquarters of a Long Island firm that allegedly falsified damage assessments for homes flooded by Sandy.

Comments [1]

Why Slow Electronic Payments Can Cause Cash Flow Problems

Wednesday, February 18, 2015

Electronic messages can circle the globe in an instant, but electronic payments can still take days to complete. This often puts consumers at greater risk of getting hit with late fees.

Comment

After Sandy: Insurance Claim Battles Cost Homeowners, Taxpayers

Tuesday, February 17, 2015

Over two years after Superstorm Sandy flooded homes in New Jersey and New York, legal battles still rage over insurance claims to repair damage. But insurance companies aren't playing by the rules.

Comment

Senators: Sandy Homeowners Systematically Denied Insurance Claims

Tuesday, November 18, 2014

A legal case has uncovered what could be a pervasive practice: insurers hired engineers to rewrite damage assessments to reduce their payouts.

Comments [2]

The Holidays Bring A New Season For Credit Card Breaches

Sunday, October 12, 2014

The holiday season is approaching, a time for sales and Santa and, now, credit card data breaches.

Though cyber thieves have stolen millions of card numbers this year, shoppers are heading into the heavy-spending season with no new credit safeguards in place.

When you hear about a data breach, Bryan ...

Comment

With New Virtual Currency Rules, N.Y. Regulators Tread A Fine Line

Wednesday, July 16, 2014

New York banking regulators are expected to release new rules this week governing Bitcoin and other virtual currencies. Industry experts both welcome the regulations and worry they could go too far.

Comment