Sandy damage 20 billion [VIDEO]. Sandy has killed at least 39 people across eight states.
Sandy has left more than 8 million without power, and has absolutely crippled the mass transit system that the nation’s biggest city relies upon to function, with many subway tunnels flooded.
Insurance companies may have to pay out as much as $20 billion to cover losses from Hurricane Sandy, a U.S. catastrophe-risk modeling firm said.
Eqecat Inc. said insured losses will probably amount to $10 billion to $20 billion, and the total damage including uninsured property could be $30 billion to $50 billion. Go here to read more and to see the video.
