DENVER (AP) — Costly weather disasters kept raining down on America last year, pounding the nation with 18 climate extremes that caused at least $1 billion in damage each, totaling more than $165 billion, federal climate scientists calculated Tuesday. Even …
June 2021 left Europe with its costliest severe storm period on record. Meanwhile, over in the U.S. in Canada, record-setting heatwaves caused significant damage, according to Aon’s latest natural catastrophe report. Aon said Europe will face insured losses of more …
Texas recorded 244 tornadoes last year making it the highest number of twisters to ever touch down in the Lone Star State since the record keeping began in 1950. The tornadoes claimed 17 lives. The violent weather was responsible for …
Disasters such as floods in Europe, winter storms in the U.S. and typhoons in Asia cost insurance companies $45 billion in 2013, a leading Swiss firm said Wednesday. The sum represents only about a third of the $140 billion in …
Swiss Re AG, the second-largest reinsurer worldwide, said natural and man-made catastrophes in 2013 caused $130 billion in economic losses tied to floods, hailstorms and other events. Insured losses fell to $44 billion from $81 billion a year earlier, Swiss …
An ice storm that downed trees across Kentucky in 2009, knocked out power to some 700,000 residents and left roads impassable was the impetus for a new command center for the state’s emergency management agency. That $11.8 million Emergency Operations …
Insurance companies will pay more than $32 billion in claims to help people rebuild homes and businesses damaged or destroyed by natural disasters in 2011, a record year for federal disaster declarations, according to the Insurance Information Institute (I.I.I.). “Catastrophes …
CoreLogic, an information, analytics and business services provider, released its first ever Natural Hazard Risk Summary and Analysis detailing the record-breaking natural disasters that struck the United States in 2011. The report provides an overview of the billions of dollars …
America smashed the record for billion-dollar weather disasters this year with a deadly dozen, and counting. With an almost biblical onslaught of twisters, floods, snow, drought, heat and wildfire, the U.S. in 2011 has seen more weather catastrophes that caused …