Hurricane Sandy may cause $20 billion in losses

New York grocery store sold old of water due to Hurricane Sandy

Hurricane Sandy makes landfall, causing chaos Hurricane Sandy is causing havoc in the northeastern U.S. The storm finally made landfall on Monday, striking New Jersey with 115mph winds that pushed water from the ocean into several states along the East Coast, including Virginia, New York, and Maryland. Though the storm is classified as a Category 1, it has already managed to caused a significant amount of damage with just its powerful winds. When the flooding that the storm has caused is factored into its overall impact, Hurricane Sandy could be…

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Hurricane Sandy Expected to Strike at Midnight: AIR

insurance news - atlantic hurricane season

  According to catastrophe modeling firm AIR Worldwide, As forecast, Hurricane Sandy intensified overnight and its path began to turn toward the U.S. East Coast. As of 11 a.m. EDT, Sandy has maximum sustained winds of 90 mph and is moving north-northwest at 18 mph. Although the NHC’s latest advisory indicates that Sandy’s sustained winds have achieved 90 mph, some weakening is likely to occur before landfall tonight and Sandy is expected to arrive on the south Jersey shore with winds of about 75 mph. As indicated in the National…

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