Superstorm Sandy insured losses News

Town of Greenwich, Conn., Reaches $2.4M Storm Settlement With AIG

The town of Greenwich in Connecticut has reached a $2.4 million settlement with its insurance company to cover damage to municipal buildings and other property by Superstorm Sandy in October, 2012. The Greenwich Time reports the settlement with insurer AIG …

1-Year Anniversary of Sandy Offers Lessons Learned for Coastal Residents

One year ago, Superstorm Sandy struck a dozen states in the Northeast and became the third costliest storm in U.S. history, after hurricanes Katrina and Andrew, according to the Insurance Information Institute (I.I.I.). “Every disaster offers lessons learned for future …

1 Year After Superstorm Sandy: Quick Economic Facts

Superstorm Sandy made landfall as a post-tropical cyclone on the U.S. East Coast October 29, 2012 after cutting a destructive path through the Bahamas, Cuba, the Dominican Republic, Haiti, Jamaica and Puerto Rico. Sandy is the deadliest windstorm to have …