Tag Archives: Hurricane Sandy

The Hartford Says Gross Sandy Losses At $370 Million

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Hurricane Sandy is expected to cost The Hartford $370 million in total claims, before tax, the property-casualty insurer said Tuesday.

The Hartford Financial Services Group has reinsurance to cover part of that, and expects the company’s losses from the storm will be $350 million before tax, net of reinsurance.

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Early Estimate Of Vehicles Damaged By Hurricane Sandy — 230,000, Mostly in NY, NJ

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Hurricane Sandy damaged or destroyed about 230,000 vehicles, according to an analysis of insurance claims filed as of last week.

Most of those were in New York and — 130,000 automobiles — followed by New Jersey, which had about 60,000 insurance claims for vehicles, according to the National Insurance Crime Bureau and the Insurance Services Office, which is a subsidiary of Verisk Analytics.

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