BLOOMBERG_5158_20121030 - Washington Times
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This Tuesday, Oct. 30, 2012, file photo, aerial photo shows burned-out homes in the Breezy Point section of the Queens borough New York after a fire. The total economic damage from Superstorm Sandy could run as high as $50 billion, according to new estimates from the forecasting firm Eqecat. That would make it the second-costliest storm in U.S. history after Hurricane Katrina. (AP Photo/Mike Groll, File)
Photo by: Mike Groll
This Tuesday, Oct. 30, 2012, file photo, aerial photo shows burned-out homes in the Breezy Point section of the Queens borough New York after a fire. The total economic damage from Superstorm Sandy could run as high as $50 billion, according to new estimates from the forecasting firm Eqecat. That would make it the second-costliest storm in U.S. history after Hurricane Katrina. (AP Photo/Mike Groll, File)

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