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Floodwaters surround road signs on Tuesday, Oct. 11, 2016, in Nichols, S.C. About 150 people were rescued by boats from flooding in the riverside village of Nichols on Monday. (AP Photo/Rainier Ehrhardt)

(Bloomberg) – Climate-based disasters caused $46 billion in damage and killed at least 138 in the 48 contiguous U.S. states last year, with inland flooding emerging as the costliest weather event for the first time since 1997.

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