Progressive Corp. CEO Genn Renwick says the auto insurer has received 6,000 claims from Superstorm Sandy as of Nov. 2 and more often than not theyll be total losses.

Progressive Corp. CEO Genn Renwick says the auto insurer has received 6,000 claims from Superstorm Sandy as of Nov. 2 and more often than not theyll be total losses.

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

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

Clark Schweers of BDO Consulting says companies are just beginning to wrap their arms around the vast business-interruption implication left behind by Superstorm Sandy.

A report from SNL Financial indicates that, based on recent catastrophes, reinsurersincluding the NFIPmay be footing a good portion of the bill left by Superstorm Sandy.

Too many important variables remain unknown to be able to come up with a reliable estimate of insured losses from Superstorm Sandy, says catastrophe modeler Risk Management Solutions.

Too many important variables remain unknown to be able to come up with a reliable estimate of insured losses from Superstorm Sandy, says catastrophe modeler Risk Management Solutions.