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The ruling will likely impact how cyber insurance policies are crafted in the future.

The deadline has been extended to Sept. 15, and FEMA has indicated that it would proactively try to reach policyholders who have note responded to FEMA's offers.

A federal court in New Jersey has ruled that losses stemming from an electrical outage caused by Sandy were not covered by the business insurance policy.

Bedrock Leasing Corp. filed its complaint to collect on part of the $10 million policy it held with Lexington Insurance Co. after a contractual two-year window for doing so had expired.

New York City communities, hard hit by Superstorm Sandy in 2012, face high costs for flood insurance, affecting the communities' resiliency.

More than four years later, FEMA's actions after Superstorm Sandy are still being challenged by property owners. The latest courtroom battle will be over FEMA's claims handling process and records disclosure.

Last year, renewal discussions for the National Flood Insurance Program (NFIP) got off to an early and by most accounts very productive start.

A federal district court in New Jersey, in a Superstorm Sandy coverage case, has ruled that a homeowners insurance companys letter to its insureds amounted to an unequivocal denial of benefits.