In the wake of Superstorm Sandy hitting the east coast, Fisker Automotive and insurer XL Insurance wound up in a legal battle over 338 Karma models destroyed in the storm. The cars were sitting in Port Newark, New Jersey when the enormous storm struck, washing away $33 million worth of viable automobiles. Fisker sued XL Insurance in New York State Supreme Court after the company denied coverage for the loss.
Four months after superstorm Sandy blew through the East Coast wreaking havoc in its path, the National Insurance Crime Bureau (NICB) has announced its revised estimates for the number of vehicles damaged in the storm's wake. The new total now stands at a staggering 250,500 vehicles (for perspective, about 15,000 of the vehicles are shown parked on a runway in the images from New York above).
The damage from a major natural disaster can be harrowing – loss to life and limb combined with property damage, environmental, economic and psychological impact make picking up the pieces difficult. But long after the crisis ebbs, the damage lingers, becoming ever more pernicious and difficult to discern. Mold inside walls, unseen weakened structures... they all get covered up with fresh coats of paint. So, too, it is with the automobiles affected.
Whoa boy. According to Reuters, Fisker has been denied some $33 million in damages by its insurance company, XL Group PLC, for 338 Karma sedans that were destroyed by Superstorm Sandy while at port in New Jersey. Not surprisingly, Fisker is suing the insurer, which is based in Dublin, Ireland but has offices in the US.
One of the harsh realities encountered by some in the aftermath of Hurricane Sandy is the damage done to their beloved classic cars. Such a story may not make it to CNN, so Hagerty Insurance set about chronicling the efforts by several owners to preserve their classics during the storm.
To keep an eye on some of the neighborhoods hardest hit by Hurricane Sandy, the New York City police department has acquired a small fleet of innovative surveillance vans. Built by TerraHawk, LLC of Dallas, Texas, the NYPD is using four Mobile Utility Surveillance Tower (MUST) vans to patrol some areas of the city that lost power. Animal New York says that the vehicles are being used in Staten Island, Far Rockaway, Coney Island, and Howard Beach.
After the flooding and power outages, one of the biggest impacts Superstorm Sandy has had in the Northeast remains a rash of gasoline shortages. To get around the problem, Fei Teng, a 42-year-old sushi chef at a Manhattan restaurant called 1066 ENO, was reportedly hoarding gas in the restaurant's basement using soy sauce buckets. How do we know this? According to the New York Daily News, another restaurant employee accidently spilled most of the fuel onto the floor, which subsequently somehow ig
Even before Hurricane Sandy made landfall in the US, there was no doubt the storm would wreak havoc for automakers (especially luxury brands) in the Northeast, but it looks like Fisker may have taken the biggest, most spectacular hit.