The lights are slowly starting to come back on after Hurricane Sandy, but planning clients up and down the Eastern seaboard are facing big losses -- both total and partial -- on primary residences, vacation homes and commercial real estate.

Ultimately, damages to the region could amount to $50 billion, according to Jim Kane, president of personal insurance at HUB International. HUB is well placed to gauge the storm's impact: The 10th largest independent insurance brokerage nationwide, it sells policies for more than 2,000 large and small insurance companies, with many of its customers in the Northeast.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access