Sandy Hits NJ Insurers with Record Number of Claims

Clip | 2m 48s

Superstorm Sandy has led to a record number of claims at New Jersey Manufacturer's Insurance Company. NJM officials estimate that total payouts to policyholders could exceed $300 million. Allstate expects the superstorm will result in $1.3 billion in payouts to affected policyholders.

Aired: 12/12/12

Rating: NR

Problems Playing Video?