Over 90 Percent of the New Jersey and New York Sandy Insurance Claims Have Been Settled; Likely to Be Third Largest Storm Ever for U.S. Insurers
Sandy made landfall near Atlantic City, New Jersey, on October 29, 2012, causing fatalities and widespread power outages in addition to significant property damage. Sandy insurance claims were also filed in Connecticut, Delaware, Massachusetts, Maine, North Carolina, New Hampshire, Ohio, Pennsylvania, Rhode Island, Virginia, Vermont and West Virginia.
THE TEN MOST COSTLY HURRICANES IN THE UNITED STATES (1)
- Issues Update: Catastrophes and Insurance Issues; Hurricanes and Windstorm Deductibles
- Facts and Statistics: Hurricanes
THE I.I.I. IS A NONPROFIT, COMMUNICATIONS ORGANIZATION SUPPORTED BY THE INSURANCE INDUSTRY.
Insurance Information Institute, 110 William Street, New York, NY 10038; (212) 346-5500; www.iii.org