Superstorm Sandy is threatening to swamp the federal flood insurance program, with about 140,000 claims expected to be filed, seeking between $6 and $12 billion. The program, however, reportedly only has $840 million in cash and borrowing capacity of only $2.9 billion.
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Victoria Spears
Victoria Prussen Spears is senior vice president of Meyerowitz Communications Inc., a law firm marketing communications consulting company. A graduate of Sarah Lawrence College and Brooklyn Law School, Ms. Spears was an attorney at a leading New York City law firm before joining Meyerowitz Communications. She may be contacted at [email protected].