Disasters Costing $1 Billion or More in Damage Doubled Over Past Decade

By:
Chris Gaetano
Published Date:
Jan 13, 2020
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The number of natural disasters in the United States that caused $1 billion or more in damage has doubled over the past decade, according to CFO.com. The first decade of the 2000s saw 59 natural disasters costing a billion or more in damages. The second decade, the 2010s, saw 119. Overall, there have been 258 such disasters, which can range from hurricanes to wildfires to floods and other weather-related calamities, since 1980, when the government first began keeping track of such events. 

Last year  alone saw 14 such natural disasters, causing a combined total of $45 billion in damage and causing 45 deaths. 

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