Hurricane Sandy beats Katrina in claims

Hurricane Sandy Flood Insurance New York Storm

Hurricane Sandy generating more claims than Hurricane Katrina Hurricane Sandy may be little more than a bad memory for some, but the insurance industry is still reeling from the impact of the storm. The storm struck eastern states very hard, generating massive storm surges that caused widespread floods in New York and its neighboring states. Hurricane Sandy generated thousands upon thousands of flood insurance claims. The National Flood Insurance Program is reporting that it has received more claims than it had seen from 2005’s Hurricane Katrina. Sandy shows more in…

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