A winter storm blanketing the Northeast captured the headlines this past weekend, but major storm activity that spread through the Midwest and South has also left insurers with plenty of damage to assess.
Snowfall records were broken as a Nor'easter pummeled Connecticut, Rhode Island, Massachusetts and Eastern Long Island with up to 38 inches in some areas. The storm closed highways and six states declared states of emergency.
Steve Bowen, a spokesman for Aon Benfield's catastrophe modeler, Impact Forecasting, says via e-mail that it remains far too early to provide an estimate of losses. In many of the affected areas, damage assessments are only now beginning, he notes..
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