disaster costs News

Howling winds, deadly floods, fire and ice so far this year have pushed the U.S. into a tie for weather disasters that topped $1 billion in damages. There have been 15 costly disasters through September, tying 2011 for the most …

Natural catastrophes and man-made disasters caused $186 billion in economic losses globally in 2012 and took approximately 14,000 lives, according to global insurer Swiss Re’s latest sigma study. The United States bore the brunt, about $119 billion, of that total …