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The Boston Globe

Business

Insurers ready for a flood of storm claims

Losses from Sandy could reach up to $50 billion

Local insurance companies are bracing for a flood of calls this week after Hurricane Sandy caused billions of dollars in losses across the East Coast, including knocking out power for millions of customers and ravaging countless cars, homes, and businesses.

Liberty Mutual, the largest property insurer based in Boston, has already moved some insurance adjusters from other parts of the country to the East Coast to help handle claims and has trained employees who normally handle other duties to field storm-related calls.

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