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Sandy ranked as second-costliest hurricane, behind Katrina

(MCT) — MIAMI — Hurricane Sandy ranked among the most expensive hurricanes in history — for both the United States and Cuba.

In a final report on the super storm released Tuesday, the National Hurricane Center estimated damage to the U.S. at $50 billion, the second-largest loss since 1900. Hurricane Katrina, which flooded much of New Orleans in 2005, caused $108 billion. In Cuba, losses were estimated at $2 billion, making Sandy one of the most damaging storms ever to strike the island.

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