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No single event accounted for a majority of the losses seen during the past year, but disasters were seen across the country.
The United States experienced 18 NAT CAT events in 2022 with losses over $1 billion each, according to the NOAA.
According to a recent report from Munich Re, around $120 billion of the natural disaster losses in 2022 were insured.
Increased natural-disaster severity has many outside of insurance asking whether or not some communities should be uninsurable.
This ranking is based on overall customer satisfaction as opposed to the number of active home-insurance policies.
The agency estimates flood-related payouts from the late September Category 4 hurricane to be as much as $5.3 billion.
While no year is a good one to have a major storm cripple U.S. Gulf crude and gasoline output, the impact in 2022 would have been disastrous.
A recent study evaluated such factors as taxes and the weather to determine the business-friendliness of each state.
The magnitude 5.9 quake, which was felt nearly 100 miles away, caused more than 1,600 injuries in Afghanistan.
Record heat, drought conditions and a longer wildfire season could spell trouble. The Hartford has this wildfire advice...
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