Seth Borenstein, The Associated Press
Magazine Archives
Winds, floods and fire: U.S. ties record for costly weather | Canadian Insurance
www/magazine-archives

Winds, floods and fire: U.S. ties record for costly weather

Experts blame man-made climate change and more people living in disaster-prone zones

Meteorologists say 2017 has been so wild, the U.S. has tied a record for weather disasters that topped US$1 billion in damages.

There have been 15 costly disasters through September, tying 2011 for the most billion-dollar weather disasters for the first nine months of a year. The record for a year is 16, and the hurricane season is not over yet.

Related: P&C stable in 2017 but faces significant market pressures: A.M. Best

The National Oceanic and Atmospheric Administration released the figures Friday that include hurricanes, wildfires, tornadoes, severe storms, drought and a freeze.

NOAA climate scientist Adam Smith says 2017 is shaping up to be an unprecedented year.

Experts blame man-made climate change and more people living in disaster-prone zones for an increase in billion-dollar weather disasters, which are adjusted for inflation.

Canadian Insurance Top Broker is on LinkedIn (linkedin.com/company/citopbroker) and Twitter (twitter.com/CITopBroker). Follow us for easy access to the top P&C news you need to know.