Munich Re, which does include flood insurance losses its calculations, puts insured natural catastrophe losses in the United States for 2014 at $15.3 billion. The Munich Re figures are based on property losses including, if applicable, agricultural, offshore, marine, aviation, and National Florida Insurance Program losses.
2014 Natural Disaster Losses in the United States
| Type of Catastrophe |
Number of Events |
Fatalities |
Overall Losses |
Insured Losses |
| Severe Thunderstorm |
62 |
98 |
$17,000,000,000 |
$12,300,000,000 |
| Winter Storm |
13 |
115 |
$3,700,000,000 |
$2,300,000,000 |
| Flood / Storm Surge |
20 |
5 |
$1,800,000,000 |
$500,000,000 |
| Earthquake / Landslide |
11 |
45 |
$750,000,000 |
$150,000,000 |
| Tropical Cyclone |
2 |
1 |
$95,000,000 |
Minor Market Losses |
| Wildfire, Heat, & Drought |
11 |
2 |
$1,700,000,000 |
Minor Market Losses |
| TOTALS |
119 |
266 |
$25,000,000,000 |
$15,300,000,000 |
| SOURCES: © 2015 Munich Re, NatCatSERVICE. Insurance Information Institute. January 2015. |
The chart below show incurred losses, i.e. losses occurring during a fixed period, whether or not adjusted or paid during the same period.
2013 Incurred Losses by State
| State |
Property Casualty |
Automotive |
Homeowners |
Commercial |
Workers' Comp |
| Alabama |
$3,685,353,000 |
$1,596,664,000 |
$699,026,000 |
$1,287,008,000 |
$168,581,000 |
| Alaska |
$641,849,000 |
$238,254,000 |
$64,268,000 |
$332,157,000 |
$149,821,000 |
| Arizona |
$4,590,840,000 |
$2,280,069,000 |
$684,700,000 |
$1,571,177,000 |
$487,849,000 |
| Arkansas |
$2,441,582,000 |
$931,235,000 |
$312,888,000 |
$1,160,047,000 |
$120,682,000 |
| California |
$33,523,386,000 |
$12,720,741,000 |
$3,160,657,000 |
$17,223,123,000 |
$7,029,735,000 |
| Colorado |
$6,302,530,000 |
$2,172,913,000 |
$1,224,168,000 |
$2,799,323,000 |
$505,966,000 |
| Connecticut |
$4,145,000,000 |
$1,684,930,000 |
$423,211,000 |
$2,004,478,000 |
$536,786,000 |
| D.C. |
$781,702,000 |
$404,700,000 |
$80,931,000 |
$404,810,000 |
$131,757,000 |
| Delaware |
$862,153,000 |
$152,875,000 |
$44,298,000 |
$501,864,000 |
$85,947,000 |
| Florida |
$17,340,381,000 |
$8,641,573,000 |
$2,033,188,000 |
$6,472,067,000 |
$1,136,733,000 |
| Georgia |
$9,051,085,000 |
$4,082,627,000 |
$1,638,180,000 |
$3,172,899,000 |
$687,329,000 |
| Hawaii |
$867,650,000 |
$339,248,000 |
$93,937,000 |
$423,802,000 |
$141,137,000 |
| Idaho |
$1,175,380,000 |
$420,270,000 |
$147,574,000 |
$565,460,000 |
$202,058,000 |
| Illinois |
$13,768,320,000 |
$3,715,017,000 |
$2,180,699,000 |
$7,572,645,000 |
$1,606,520,000 |
| Indiana |
$5,637,923,000 |
$1,851,142,000 |
$988,939,000 |
$2,522,696,000 |
$507,314,000 |
| Iowa |
$4,300,199,000 |
$869,188,000 |
$307,396,000 |
$2,984,205,000 |
$459,992,000 |
| Kansas |
$3,869,263,000 |
$959,007,000 |
$517,870,000 |
$2,237,774,000 |
$228,478,000 |
| Kentucky |
$3,239,711,000 |
$1,524,109,000 |
$375,928,000 |
$1,242,158,000 |
$311,935,000 |
| Louisiana |
$5,380,059,000 |
$2,476,207,000 |
$621,918,000 |
$2,223,322,000 |
$473,367,000 |
| Maine |
$982,581,000 |
$359,858,000 |
$156,679,000 |
$452,246,000 |
$136,590,000 |
| Maryland |
$5,612,042,000 |
$2,407,572,000 |
$589,338,000 |
$2,555,696,000 |
$622,290,000 |
| Massachusetts |
$6,070,072,000 |
$2,644,104,000 |
$666,345,000 |
$2,696,607,000 |
$651,241,000 |
| Michigan |
$13,549,259,000 |
$8,183,301,000 |
$1,322,035,000 |
$3,836,008,000 |
$511,318,000 |
| Minnesota |
$6,683,611,000 |
$1,831,270,000 |
$1,090,155,000 |
$3,609,599,000 |
$524,995,000 |
| Mississippi |
$3,368,013,000 |
$1,168,092,000 |
$687,831,000 |
$1,465,309,000 |
$159,537,000 |
| Missouri |
$5,302,132,000 |
$1,835,863,000 |
$724,190,000 |
$2,544,951,000 |
$450,185,000 |
| Montana |
$1,119,300,000 |
$335,530,000 |
$164,612,000 |
$549,188,000 |
$159,108,000 |
| Nebraska |
$3,069,914,000 |
$676,003,000 |
$701,769,000 |
$1,539,327,000 |
$217,506,000 |
| Nevada |
$2,513,240,000 |
$1,135,766,000 |
$226,903,000 |
$1,126,288,000 |
$155,706,000 |
| New Hampshire |
$1,064,743,000 |
$424,805,000 |
$142,369,000 |
$483,573,000 |
$128,638,000 |
| New Jersey |
$11,433,517,000 |
$4,324,004,000 |
$677,155,000 |
$6,344,715,000 |
$1,431,561,000 |
| New Mexico |
$1,814,606,000 |
$711,379,000 |
$221,981,000 |
$853,176,000 |
$140,587,000 |
| New York |
$18,993,882,000 |
$6,910,290,000 |
$1,696,554,000 |
$10,081,172,000 |
$2,301,789,000 |
| North Carolina |
$6,561,521,000 |
$2,851,993,000 |
$935,592,000 |
$2,632,081,000 |
$791,570,000 |
| North Dakota |
$1,827,533,000 |
$231,592,000 |
$81,889,000 |
$1,451,355,000 |
$2,246,000 |
| Ohio |
$7,100,686,000 |
$3,228,310,000 |
$1,249,521,000 |
$2,408,701,000 |
$6,905,000 |
| Oklahoma |
$6,191,936,000 |
$1,588,770,000 |
$1,765,053,000 |
$2,708,256,000 |
$668,539,000 |
| Oregon |
$2,890,355,000 |
$1,343,712,000 |
$304,654,000 |
$1,164,887,000 |
$332,046,000 |
| Pennsylvania |
$11,309,632,000 |
$4,586,892,000 |
$1,126,166,000 |
$5,372,475,000 |
$1,625,252,000 |
| Rhode Island |
$1,080,667,000 |
$506,036,000 |
$124,787,000 |
$435,585,000 |
$104,739,000 |
| South Carolina |
$3,627,063,000 |
$1,852,332,000 |
$457,530,000 |
$1,261,536,000 |
$370,686,000 |
| South Dakota |
$1,418,869,000 |
$335,608,000 |
$185,131,000 |
$804,632,000 |
$79,268,000 |
| Tennessee |
$5,004,379,000 |
$1,883,924,000 |
$799,806,000 |
$2,186,195,000 |
$492,760,000 |
| Texas |
$23,707,903,000 |
$9,570,299,000 |
$3,063,381,000 |
$10,614,095,000 |
$1,235,380,000 |
| Utah |
$1,983,285,000 |
$897,560,000 |
$207,149,000 |
$837,251,000 |
$203,796,000 |
| Vermont |
$569,684,000 |
$189,677,000 |
$78,785,000 |
$289,786,000 |
$99,746,000 |
| Virginia |
$5,654,725,000 |
$2,711,783,000 |
$664,508,000 |
$2,174,083,000 |
$549,629,000 |
| Washington |
$4,953,601,000 |
$2,481,182,000 |
$641,176,000 |
$1,720,758,000 |
$12,987,000 |
| West Virginia |
$1,283,262,000 |
$569,535,000 |
$179,802,000 |
$511,388,000 |
$134,992,000 |
| Wisconsin |
$5,387,638,000 |
$1,642,147,000 |
$579,048,000 |
$2,975,162,000 |
$1,145,431,000 |
| Wyoming |
$533,975,000 |
$206,472,000 |
$101,288,000 |
$185,557,000 |
$3,100,000 |
| TOTALS |
$294.26bn |
$116.68bn |
$37.21bn |
$134.57bn |
$30.42bn |
| SOURCES: SNL Financial LC. Insurance Information Institute. 2013. |
