The Big Winners and Losers in the Aftermath of Superstorm Sandy

The Brian Lehrer Show | May 25, 2016

Laura Sullivan, NPR News investigative correspondent, discusses a joint investigation between NPR and the PBS documentary series FRONTLINE, which reveals that private insurance companies made hundreds of millions of dollars administering claims for the government after Superstorm Sandy.

"The takeaway from this story is at a time when tens of thousands of people were out of their homes and suffering after Sandy, the private insurance companies walked away with $400 million in profit in the wake of Sandy," Sullivan said. "It's difficult to understand how they could of made so much profit at a time when so many people were saying they were underpaid by those same companies."

Sullivan said since the documentary about her investigation, "The Business of Disaster," was released, the Federal Emergency Management Agency announced sweeping changes to the federal flood program, including the reevaluation of their contracts with private insurance companies and looking into the profit margins these companies are making.  

→ Watch the trailer: 

 

→ Watch the entire film here: The FRONTLINE/NPR documentary is called "The Business of Disaster."

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