Worldwide, natural disasters cost $155 billion in 2018, according to an insurance industry report.
"Natural disasters cost $155 billion this year, and several of them struck the United States particularly hard," reports Angela Fritz, sharing findings of a report published by reinsurance company Swiss Re.
Fritz focuses on the report's findings regarding disasters in the United States, namely the 8,500 wildfires that burned in California this year, charring 1.9 million acres; Hurricane Michael, which devastated Panama City, Florida and Mexico Beach, Florida; Hurricane Florence, which battered the Carolinas in September. Disasters from around the globe also get attention, like flooding in Japan, drought and wildfires in Europe, and a typhoon that struck the Philippines.
FULL STORY: The cost of natural disasters this year: $155 billion
U.S. Communities Increasingly at Risk of Extreme Weather Events
As development pushes into more wildfire-prone areas and climate change makes extreme weather conditions more common, more Americans are experiencing the destructive impacts of climate disasters.
2020 Was a Landmark Year for Climate Change
Many companies set goals to achieve by 2020 and came up short, while the effects of climate change were more obvious than ever in the year that was 2020.
2020 Sets Record for Billion-Dollar Disasters
Tropical storms, tornadoes, and wildfires, along with everything else.
Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.
Retro-silient?: America’s First “Eco-burb,” The Woodlands Turns 50
A master-planned community north of Houston offers lessons on green infrastructure and resilient design, but falls short of its founder’s lofty affordability and walkability goals.
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Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
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