A record number of catastrophes plagued the U.S. in 2023, with 17 severe hailstorms or weather events, four major floods, two tornado outbreaks, two tropical cyclones, one wildfire, one heat wave and drought, and one cold wave and winter storm, according to the NOAA National Centers for Environmental Information. (Credit: Oliver Denker/Adobe Stock) A record number of catastrophes plagued the U.S. in 2023, with 17 severe hailstorms or weather events, four major floods, two tornado outbreaks, two tropical cyclones, one wildfire, one heat wave and drought, and one cold wave and winter storm, according to the NOAA National Centers for Environmental Information. The damages cost at least $92.9 billion. (Credit: Oliver Denker/Adobe Stock)

No matter where a policyholder lives, they are at risk for severe weather or climate events, and being prepared is the best way to mitigate losses. Catastrophes are becoming more commonplace each year. The U.S. set a new record for weather and climate events in 2023, with 28 calamities, beating the previous record of 22 in 2020 and costing a minimum of $92.9 billion, according to the NOAA National Centers for Environmental Information.

“As we saw earlier this year, severe weather can hit any time and cause major damage to your property, but ensuring you are adequately protected can help you recover more quickly,” said Anita Fox, Director of the Michigan Department of Insurance and Financial Services (DIFS) in a March 18 press release.


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Ashley Hattle-Cleminshaw

Ashley Hattle-Cleminshaw serves as ALM's PropertyCasualty360 Senior Editor. She brings 10 years of experience in journalism and communications to the editorial team. Reach her by sending an e-mail to [email protected].

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