11-01-2012, 12:01 PM
Not too physically impacted by Sandy here, but the overall death toll jumped from 145 to 167 today - mostly in the Northeastern US and the Caribbean. The economic impact to the regions hit the hardest is said to be devastating.
The storm has yet to make landfall, so the potential cost of property damage is difficult to estimate. But the total value of insured coastal properties vulnerable to hurricane damage, in New York state alone, amounts to some $2.7 trillion, according to the Insurance Information Institute.
http://www.nbcnews.com/business/economyw...-1B6741442
But, don't judge Sandy too harshly yet; she's got her good side too. According to the NBC Economic piece linked above, the clean-up effort will create new jobs. Thanks, Sandy!
The storm has yet to make landfall, so the potential cost of property damage is difficult to estimate. But the total value of insured coastal properties vulnerable to hurricane damage, in New York state alone, amounts to some $2.7 trillion, according to the Insurance Information Institute.
http://www.nbcnews.com/business/economyw...-1B6741442
But, don't judge Sandy too harshly yet; she's got her good side too. According to the NBC Economic piece linked above, the clean-up effort will create new jobs. Thanks, Sandy!