Hurricane Sandy News

Roofs of 3 Buildings Torn by Wind in Alexandria

At least three buildings in Alexandria, Va., have sustained heavy damage from former Hurricane Sandy. Virginia State Police say three buildings have roofs that were partially torn off by the wind. One building is a garden-style apartment building that has …

Hurricane Sandy Silences Atlantic City’s Casinos

Hurricane Sandy has silenced the thousands of slot machines and high-rollers who normally crowd the black jack and roulette tables of Atlantic City, but the resort’s casino companies wager they could be back in business within days. The storm that …

Catastrophe Bonds Unbowed by Hurricane Sandy

Investors who have put their money into specialist financial bonds which cover insurance companies from huge natural disasters are unlikely to be hit with big losses from monster storm Sandy even though it is one of the biggest ever to …

Mayor Bloomberg’s Latest Update on New York City Response to Hurricane Sandy

Michael Bloomberg, the mayor of New York City, updated residents on the city’s response to Hurricane Sandy in a speech delivered this morning at the Office of Emergency Management in Downtown Brooklyn, N.Y. “We’re joined by Senator Chuck Schumer and …

Hurricane Sandy Losses Expected to be Worse Than Irene

Hurricane Sandy appears to have easily caused more losses than last year’s Hurricane Irene, but final totals will be hard to come by for some time because of the scale of the disaster, catastrophe forecasting companies said on Tuesday. Sandy …

Sandy Leaves New York Construction Crane Dangling in Storm 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 …

U.S. Economy Could Skirt Direct Hit From Hurricane Sandy

Hurricane Sandy is shaping up to be one of the biggest storms ever to hit the United States but even with the severe damage that is expected, the blow to the economy is seen as short-term. Economists say some of …

Sandy Likely to Trigger A Significant Volume of Commercial Property Claims: Willis

Hurricane Sandy, a storm that forecasters say is on a scale with little precedent on the East Coast, is likely to trigger a significant volume of commercial property claims, according to Willis, a global insurance broker. “Given the size of …

Hurricane Sandy Grounds Thousands of Flights

Airlines hurried to fly passengers and planes out of the Northeast Sunday as Hurricane Sandy moved up the coast. The massive storm threatens to bring a near halt to air travel for two days in a key region for both …

Virginia Governor Warns of Cold Snap After Superstorm

Virginians who had to endure stifling heat after storms caused massive power outages last summer should prepare to hunker down against the cold this time around, Gov. Bob McDonnell said Saturday as Hurricane Sandy churned along the Atlantic Coast. In …