Updated Estimated Insured Losses from Sandy at $7-15 Billion

AIR Worldwide’s estimate reflects physical damage to property, additional living expenses for residential claims, storm surge damage, business interruption loss and other factors.

INN Breaking News, October 30, 2012

Carrie Burns

AIR Worldwide, catastrophe modeling firm, estimates that insured losses from Sandy to onshore U.S. properties will be between $7 billion and $15 billion.

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