Losses From Sandy Could Reach $50 Billion

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Losses From Sandy Could Reach $50 Billion

Aired 10/30/12

Damage estimates from Sandy started pouring in on Tuesday, leaving many wondering what's covered by insurance and what isn't. Early estimates are pegging total losses from Sandy at between $30 and $50 billion. That would make it a very costly storm, but not close to the economic damage wrought by Katrina.

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