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The insurance industry is overwhelmed with claims from businesses still recovering after Hurricane Sandy. Many are trying to navigate a system that itself has been negatively impacted by the storm.
Business interruptions from power outages and other hurricane effects could account for about one-third of total insurance losses in the disaster.
Businesses across Westchester County are tolling the physical damage and financial costs of office and store closings, lost work hours and darkened trading floors in the wake of Tropical Storm Sandy.
As Hurricane Sandy bears down on Westchester, many municipalities are declaring state of emergencies, evacuations or simply closing offices.
With state and county incentive packages, the furniture retailer plans to open a regional distribution center in the Village of Montibello.