AIR Worldwide says Sandy insured loss up to $15 billion

Tue Oct 30, 2012 7:53pm EDT

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(Reuters) - Hurricane Sandy caused anywhere from $7 billion to $15 billion in U.S. onshore insured losses, disaster modeling firm AIR Worldwide said on Tuesday.

That estimate does not include residential flood losses or any losses from flooded subways or tunnels, AIR said.

(Reporting By Ben Berkowitz)