Remember the powerful winter storm that brought prodigious snowfall, high winds, coastal flooding, freezing rain, ice, sleet, and severe thunderstorms to the Eastern United States during the second half of January, killing 58 people and injuring dozens of others?
States of emergency were declared in 11 states and in Washington, D.C., as the event was rated the fourth-largest winter storm in the Northeast and Mid-Atlantic since the 1950s by the National Oceanic and Atmospheric Administration (“NOAA”).
Impact Forecasting, Aon Benfield's catastrophe model development team, has tentatively estimated that total economic losses from the storm exceeded $2 billion, while insured losses both from private and public entities reached well into the hundreds of millions of dollars.
Learn more: www.aonbenfield.com/catastropheinsight; http://aon.io/1SEBJgo.
Victoria Spears
Victoria Prussen Spears is senior vice president of Meyerowitz Communications Inc., a law firm marketing communications consulting company. A graduate of Sarah Lawrence College and Brooklyn Law School, Ms. Spears was an attorney at a leading New York City law firm before joining Meyerowitz Communications. She may be contacted at [email protected].