Virgin Islands Law Blog

Virgin Islands Law Blog

U.S. Virgin Islands law & politics

Category Archives: Hurricane

Subscribe to Hurricane RSS Feed

Signs of Economic Improvement: USVI Bonds Pick Up

Posted in Banking and Finance, Business, Corporate & Financial Services, Government Relations, Hurricane
While the U.S. Virgin Islands’ bonds are still rated in junk status, there are some significant signs of improvement and glimmers of hope for economic recovery in the territory. The price of some of the Territory’s bonds has more than doubled since the end of 2017, thanks in large part to a boom in construction… Continue Reading

Department of Labor Unable to Act Against Employers to Fail to Make Unemployment Insurance Payments

Posted in Government, Hurricane
Officials from the Department of Labor recently told lawmakers in the U.S. Virgin Islands that understaffing in the DOL has prevented the department from pursuing legal action against employers who have failed to make their unemployment insurance payments. These delayed and missing payments have, in turn, delayed the payment of benefits to newly unemployed citizens.… Continue Reading

5 Tax Relief Tips for Victims of Hurricanes Irma and Maria

Posted in Hurricane, Tax
The recent hurricanes in the U.S. Virgin Islands left homeowners and businesses alike with massive damage unlike anything they had seen in the past. These property losses continue to have major implications on families and businesses now that tax season is upon us. Fortunately, new laws enacted several months ago provide special tax breaks for… Continue Reading

How This Fall’s Hurricanes Will Play a Role in Tax Season

Posted in Business, Hurricane
This year’s tax season looks a little different than in the past for people who live in areas that were affected by the major hurricanes in 2017. The IRS is still focused on accommodating the various tax needs, including relief efforts, of individuals impacted by the disasters. On September 29, Congress passed the Disaster Tax… Continue Reading

U.S. Virgin Islands Still in Need of Federal Relief after Hurricane Maria

Posted in Hurricane
It has been weeks since Hurricane Maria swept through the U.S. Virgin Islands, causing catastrophic damage to the Territory’s buildings and infrastructure. However, the Territory still finds itself in great need of federal assistance. In mid-October, a group of Democratic lawmakers sought tax relief for both Puerto Rico and the U.S. Virgin Islands, which were… Continue Reading

Senators See Opportunity to Rebuild U.S. Virgin Islands in a Sustainable Manner

Posted in Hurricane
Several senators on the Committee on Energy and Natural Resources, led by Sen. Lisa Murkowski (R-Alaska), have expressed their support when it comes to providing funding for rebuilding the U.S. Virgin Islands infrastructure that would be stormproof. As the scientific community has agreed that hurricanes will likely be more common in the future due to… Continue Reading

What Rights Do Tenants Have After a Hurricane?

Posted in Hurricane
While much attention has been paid to the losses of homeowners and business owners after Hurricanes Irma and Maria hit the U.S. Virgin Islands (and rightfully so), there are thousands of renters who have suffered considerable losses, as well. There are many ways for property owners to seek various forms of financial assistance, but what… Continue Reading

Tips for Filing an Insurance Claim After Hurricanes Irma and Maria

Posted in Hurricane, Insurance
Hurricanes Irma and Maria have caused massive amounts of property damage throughout the U.S. Virgin Islands. Tens of thousands of people are now in the process of filing homeowners’ insurance claims to recoup all or some of their losses. Unfortunately, while most homeowners’ and renters’ insurance claims do cover damage caused by wind and other… Continue Reading

What to Know About Applying for FEMA Assistance in the Wake of Hurricane Maria

Posted in Hurricane, Insurance
In the weeks after Hurricane Maria hit, people throughout the U.S. Virgin Islands are seeking whatever assistance they can to help rebuild their homes and their lives. One of the options available is to apply for relief through the Federal Emergency Management Agency (FEMA). Assistance is available for those who have suffered in a federally… Continue Reading

Options for US Virgin Islands Property Owners Facing Foreclosure After Hurricane Destruction

Posted in Hurricane
After a natural disaster like Hurricanes Irma and Maria, many homeowners and business property owners may face significant financial hardships, manifested in an inability to make mortgage payments. Fortunately, there are certain foreclosure protections available for property owners in the U.S. Virgin Islands. The following is an overview of some of the options available for… Continue Reading

Legal Tips for Contractors

Posted in Hurricane
In the wake of Hurricanes Irma and Maria, residents of the U.S. Virgin Islands are doing what they can to band together and rebuild. The recovery of such staggering natural disasters is never easy—neither logistically nor legally. Both property owners and the contractors they hire must carefully protect their legal rights and ensure they avoid… Continue Reading

SBA Disaster Loan Program: Not Just for Businesses

Posted in Hurricane
Recent Category 5 storms Irma and Maria ripped through the U.S. Virgin Islands delivering a catastrophic one-two punch unlike the Territory has ever experienced, leaving the islands and its residents decimated and in disarray.  Many of those affected have lost everything and will be facing a grueling recovery process as they attempt to begin again. … Continue Reading