storm losses News

What We Know About Superstorm Sandy a Month Later

Superstorm Sandy wreaked havoc on parts of the U.S. East Coast in late October after tearing through the Caribbean. In the weeks since, the storm’s scope has come into sharper focus.

N.Y. Sen. Schumer: Officials in Intense Lobbying Effort for Federal Sandy Aid

New York Sen. Charles Schumer says New York expects to get tens of billions of dollars in federal money to cover damages from Superstorm Sandy.However, the Democrat told a news conference Sunday that it’s not a done deal.

N.Y. Liberty Island, Home of Statue of Liberty, Still Closed Post-Sandy

The Statue of Liberty survived Superstorm Sandy with every crown spike in place, but its surrounding island was so badly damaged that the National Park Service doesn’t know when the beloved tourist attraction will reopen or how much repairs will …

Cold, Mold Loom as Hazards in Sandy Disaster Zones

A month after Sandy’s floodwaters swept up his block, punched a hole in his foundation and drowned his furnace, John Frawley still has no electricity or heat in his dilapidated home on the Rockaway seashore in Queens, New York. The …

New York Gov. Cuomo Proposes $9B for Storm Damage Prevention

New York Gov. Andrew Cuomo wants huge electrical transformers in commercial buildings hauled to upper floors and wants the ability to shutter key tunnels, airports and subways from floodwaters as part of a $9 billion plan to safeguard New York …

Wind Deductibles and Sandy: What It Means for Total Insured Losses

On October 29, 2012, when Hurricane Sandy made landfall along the northeast coast—a year to the day since the last northeastern superstorm and fourteen months since Hurricane Irene — the wind speeds recorded by the National Weather Service indicated the …

South Carolina Emergency Officials Study Sandy for Lessons

Emergency officials on the South Carolina coast are looking at Superstorm Sandy to try to learn ways to better prepare for future storms. Horry County emergency management director Randy Webster has been looking at the impact of Sandy, The Sun …

New York, New Jersey Put $71 Billion Price Tag on Sandy

New York state and New Jersey need at least $71.3 billion to recover from the devastation wrought by Superstorm Sandy and prevent similar damage from future storms, according to their latest estimates. The total, which could grow, came as New …

AIR Worldwide Survey Team Describes Sandy Losses in N.J., N.Y.

AIR Worldwide recently concluded damage survey of areas impacted by Superstorm Sandy, which made landfall on Oct. 29, five miles southwest of Atlantic City, New Jersey. On November 11, 2012, AIR teams were deployed to survey damage in New York …

SNL Report: Insurers Begin Issuing Sandy Loss Estimates

A number of insurers have begun issuing their Sandy loss estimates in the weeks since the superstorm devastated the East Coast. The SNL Financial compiled these company-specific loss estimates in a new report this week. United Fire Group Inc. expects …