Search
 

Crawford & Co. Explores Claims-Handling, Regulatory Reform Following Sandy

A new white paper from Crawford & Company examines total losses from Sandy, along with major claims-handling and regulatory changes the storm brought about.

By Christina Bramlet | Updated on October 29, 2013

Twelve months ago, Superstorm Sandy struck one of the most densely populated areas of the United States, inflicting damage on a virtually unprecedented scale. The destructive storm killed an estimated 160 people in the U.S. and dozens more in the Caribbean, according to the National Hurricane Center (NHC). It also caused billions in damages, affecting at least 366,000 structures in New York and New Jersey.

“A year ago [today] Superstorm Sandy was just hitting the U.S. northeast,” reflects Jeffrey T. Bowman, president and CEO at Crawford & Company. “Within a few days, it had caused more than $18 billion of damage and generated more than 1.5 million claims across more than a dozen states.”

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.