Monday, September 20th, 2021
NJIT Assistant Professor Steve Taylor, of Millburn, is dissatisfied with how insurance companies deal with natural disasters and is preparing to offer an alternative.
Taylor witnessed extreme flooding from Hurricane Ida early this month in Millburn, where he resides. He also saw that many of his neighbors and local small business owners had their claims denied, despite being loyal customers of their insurance companies, as they lacked flood policies. Some had been advised by insurance agents that it wasn't a flood zone, based on data and maps that became obsolete decades ago.