Damages start to add up for recent storm disasters

AIR Worldwide, a catastrophe modeling firm, is estimating that the damages from the ongoing winter storm ravaging the north-eastern United States, a storm the firm claims is the largest since the 1950’s, could be affecting more that 100 million people across 30 states. Insurers are saying the cost of damages to properties, automobiles, and persons could be as much as $1.4 billion – that would be the cost when the storm was at its peak during February 1st and 2nd. The storm broke snowfall records for most of the state…

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