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Who Pays for Hurricane Sandy Damages? More Than Just Your Insurance Company
MINYANVILLE ORIGINAL In terms of financial damage wreaked by Hurricane Sandy there’s good and bad news. The good news is that despite its severity Sandy losses will not come close to those from 2005’s Hurricane Katrina. The bad? Sandy will still likely become one of the five most expensive hurricanes in history.   According to disaster modeling company Eqecat insured losses from Sandy will total some $20 billion when all is said and done double the damage from last year’s Hurricane Irene.   Which are the property and catastrophe (P&C) insurance companies most exposed to Sandy? Steven G. Bazil founding ...
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