RMS forecasts a northbound track for the extra-tropical storm Sandy after, late yesterday, AIR Worldwide upped the estimated insured losses from this week’s storm to $7 billion to $15 billion.
Forecasts are for strong winds to continue through Wednesday over portions of the northeast, central and southern Appalachians and across the Great Lakes, with warnings that the strong winds may cause flooding along portions of the Great Lakes. Additional rainfall across the Mid-Atlantic and southern New England is forecast over the next 24 to 48 hours.
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