Hurricane Sandy Update: Almost $88 Billion at Risk, Insurers Ready Claims Assistance

While still waiting for the storm's highest point of impact, insurers announce assistance information.

October 29, 2012

Carrie Burns

According to the National Hurricane Center 06:00 UTC advisory today, the center of Hurricane Sandy was located approximately 280 miles east of Cape Hatteras, North Carolina and 425 miles south-southeast of New York City. Sandy is currently a weak Category 1 hurricane with maximum sustained winds of 75 mph.

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