Hurricane Sandy News

‘Hurricrane’ Warning: Manhattan Construction Crane Left Dangling in Sandy’s Winds

New York City evacuated neighbors of a nearly completed, 90-story luxury apartment building on Monday after the top of a construction crane collapsed in high winds, prompting fears the crane’s boom could crash to the ground. With the city bracing …

New Jersey Nuclear Plant Declares ‘Alert’ After Sandy Storm Surge

Exelon Corp. declared an “alert” at its New Jersey Oyster Creek nuclear power plant due to a record storm surge, the Nuclear Regulatory Commission said, warning that a further water rise could force the country’s oldest working plant to use …

9 PM Update: Sandy – ‘Northeast’s Katrina’- Causes Flooding, Blackouts, Downed Trees

Sandy, one of the biggest storms ever to hit the United States, roared ashore with fierce winds and heavy rain on Monday near the gambling resort of Atlantic City, New Jersey, after forcing evacuations, shutting down transportation and interrupting the …

Hurricane Sandy Expected Ashore Monday Night; Could Be Biggest to Hit U.S. Mainland

• Hurricane expected ashore Monday evening in New Jersey • Could be biggest to hit U.S. mainland • New York, Philadelphia and Washington in its path • New York Stock Exchange closed Monday and Tuesday • Early warnings of $20 …

Stock Markets Expected to Remain Closed Tuesday

U.S. stock market executives, regulators and brokers have agreed to close the U.S. stock markets on Tuesday because of Hurricane Sandy, with an official announcement coming shortly, said people who were on an industry-wide call on the matter on Monday. …

Initial Forecast: $5-10B Insured Losses Expected From Sandy: Eqecat

As the east coast braces for the impact of Hurricane Sandy, catastrophe risk modeling firm Eqecat issued this morning a preliminary estimate for potential economic and insured losses.Eqecat said Sandy is a large storm, impacting 20 percent of the U.S. …

North Carolina’s Ocracoke Ferries Halted, Stranding Some

North Carolina transportation officials suspended all ferry service to Ocracoke Island on North Carolina’s Outer Banks on Saturday, leaving hundreds of residents and guests no way to reach higher ground as Hurricane Sandy threatened the coast with heavy winds and …

Update: Sandy Strengthens; Thousands Evacuate; Wall Street Closes

Hurricane Sandy, the monster storm bearing down on the U.S. East Coast, strengthened on Monday after hundreds of thousands moved to higher ground, public transport shut down and the U.S. stock market suffered its first weather-related closure in 27 years. …

Sandy May Cause Mid-Single Digit Billions in Insured Losses: Validus CEO

With Hurricane Sandy expected to make landfall Monday night or early Tuesday, likely in New Jersey, one insurance executive is forecasting industrywide insured losses of up to mid-single digit billions of dollars. But this particular hurricane has several unusual features …

Hurricane Sandy Forces Evacuations, Shutdowns on East Coast

Tens of millions of East Coast residents scrambled on Sunday to prepare for Hurricane Sandy, which could make landfall as the largest storm to hit the United States, bringing battering winds, flooding and even heavy snow. The massive storm, which …