At least one catastrophe modeling firm, according to SNL, has already begun to place a dollar figure on the potential damages from Hurricane Sandy. In an estimate published yesterday, EQECAT predicted $5 billion to $10 billion in insured losses along the East Coast, based on economic damages of between $10Read More
Post Tagged with: "storm"
Bank Innovation is stranded. Our offices are located on Broad Street, two blocks south of Wall Street in Downtown Manhattan, and for last night Broad Street was a part of New York Harbor. The street was completely inundated with seawater. Power is out in the neighborhood; our building closed forRead More