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Fitch: Sandy Likely to Cost Insurance Industry Over $20B

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  • Description

    FBN's Lori Rothman breaks down late-morning market news.

  • Duration 0:58
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I'm Lori Rothman with -- Fox Business three stocks looking for a second day here.

As investors wait for the unofficial start -- fourth quarter earnings season for some women giant Alcoa reports after the closing bell today to get things started.

I had and that the Dow is down 66 points.

Super -- -- will likely cost the insurance industry twenty billion dollars or more according to a new report by Fitch ratings.

The company says the complexity of -- insurance colossus is such a large and intense storm over a widespread region.

Has created uncertainty in estimating ultimate insured losses.

Hospitals uncompensated.

Care costs rose more than point one billion dollars last year according to the American Hospital Association actually 2011.

But those costs should decline a year from now wants broader health coverage is available under the Affordable Care Act.

That the latest in the Fox Business Network giving you the power to --

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