Filed Under:Agent Broker, Commercial Business

Karen Clark & Co.: Sandy's Wind Damage Alone to Cause $12B in Insured Losses

The woman who created the catastrophe modeling industry estimates insured wind losses due to Superstorm Sandy will be $12 billion. 

Karen Clark, who in 2007 founded Karen Clark & Co. after starting what is now AIR Worldwide in the mid-1980s, says New York was hit by the strongest sustained winds from Sandy. Wind gusts peaked at between 70 mph and 80 mph in places like JFK Airport and Long Island, N.Y. 

Featured Video

Most Recent Videos

Video Library ››

Top Story

5 ways insurance agencies can improve their websites

The way people use the Internet has changed over the past few years. Has your website changed with it?

Top Story

15 tips for driving safely on ice and snow

More than 800 people die each year in the U.S. in vehicle crashes caused by snow, sleet and freezing rain.

More Resources

Comments

eNewsletter Sign Up

Agent & Broker Insider eNewsletter

Proven success tips and essential information to help agents and brokers grow their practice – FREE. Sign Up Now!

Mobile Phone

Advertisement. Closing in 15 seconds.