Record year for billion-dollar disasters

Thursday, December 8th, 2011 Auto Catastrophe Liability Property

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 at least $1 billion in damage than it did in all of the 1980s, even after the dollar figures from back then are adjusted for inflation. The National Oceanic and Atmospheric Administration added two disasters to the list Wednesday, bringing the total to 12. The two are wildfires in Texas, New Mexico and Arizona and the mid-June tornadoes and severe weather.


External References & Further Reading
http://www.cbsnews.com/8301-201_162-57339130/record-year-for-billion-dollar-disasters/
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