Damage after Hurricane Sandy made landfall on the southern New Jersey coastline is seen in this U.S. Coast Guard handout photo in Brigantine, New Jersey, October 30, 2012. In the storm’s wake, Obama issued federal emergency decrees for New York and New Jersey, declaring that “major disasters” existed in both states. One disaster-forecasting company predicted economic losses could ultimately reach $20 billion (12.4 billion pounds), only half insured. REUTERS/U.S.Coast Guard/Petty Officer 2nd Class Erik Swanson/Handout (UNITED STATES – Tags: ENVIRONMENT DISASTER) FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS. THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. IT IS DISTRIBUTED, EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTS
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