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$60 billion in Superstorm Sandy devastation, one of worst US clean-up bills

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The worst of Superstorm Sandy may be over, but it’s left a trail of extensive – and expensive – devastation behind. Lost business and damages will cost up to $60 billion to fix, says forecasting firm HIS Global Insight. The costs include an estimated $20 billion in property damages and $10 billion to $30 billion in lost business, AP reports. What’s worse is that most homeowners will have to... 

Hurricane Irene damages exceed $10 billion

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A car is seen in a sink hole after rains from Hurricane Irene washed out a section of a road in New Jersey. Hurricane Irene has caused more than USD 10 billion in damages to the United States after it swept the east coast with heavy winds and flooding, a leading risk-assessment firm says. Eqecat, a risk assessment company, has estimated that over 40 million people living on US east coast were hit with... 

Hawaii Tsunami Damages Jump to Tens of Millions

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The partially collapsed Sea Quest Rafting Adventures building following a tsunami wave that struck Keauhou Bay, on the island of Hawaii. Lost homes, sunken boats and damaged piers caused tsunami damage estimates to jump into the tens of millions of dollars Monday. The rough estimate combines damage to homes, businesses, hotels, boats, piers and government infrastructure. The most serious damages were... 
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