The Most Expensive Billion-Dollar Natural Disasters in US History
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The cost of property insurance in the US rose to an all time-high in the first half of the year, as homeowners faced sharp price increases in states recently affected by climate-related disasters, such as California.
The Most Expensive Billion-Dollar Natural Disasters in US History
Some of the most expensive natural disasters have occurred in the last few years. Several factors contribute to this recent rise in destruction. Populations grow and expand into more dangerous areas, infrastructure, and buildings become more expensive to build and repair, and global warming has increased the frequency and severity of natural disasters. For this list, we gathered data collected by the National Centers for Environmental Informatio…
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