Insurers are already gearing up for a storm they call Sandy, which is set to dampen the East Coast for a second straight Halloween. (Remember the snow storm in the Northeast a year ago?)
A look at the top writers of homeowners' multiperil and private passenger automobile insurance reveals exposure for many insurance companies, who are currently sending press releases about their readiness to handle anticipated claims from the storm.
The path of Sandy, currently a hurricane, can change dramatically. But right now the storm is expected to slam into another weather system to produce a historic storm with an enormous wind field that could hit some of the most populated areas of the country, with the potential to cause billions of dollars in damage.
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