Requires insurers that sell flood insurance to provide certain policyholders with certain information.

This New Jersey bill requires insurers selling flood insurance through the federal National Flood Insurance Program to provide specific claim-related documents to policyholders who filed damage claims after Superstorm Sandy (October 28, 2012). It mandates that insurers share all reports, drafts, photos, and communications prepared by their agents, adjusters, or contractors regarding the property damage. Insurers who repeatedly violate this requirement face civil penalties of up to $5,000 per offense. The law directly affects flood insurance policyholders in New Jersey who have filed claims for storm-related damage and their insurers.