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NY, Conn. Bar Hurricane Deductibles For Sandy Claims

By Bibeka Shrestha (October 31, 2012, 7:46 PM EDT) -- Insurance regulators in New York and Connecticut warned carriers this week not to charge hurricane deductibles for claims arising from Hurricane Sandy, saying the deductibles, which are much higher than those for standard claims, shouldn't apply because the storm was no longer a hurricane when it made landfall....

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