U.S. ECONOMIC LOSSES FROM NATURAL DISASTERS SOARED IN 2024

(AP) — Economic losses from hurricanes and other natural disasters soared in the U.S. last year and were above average globally, reflecting another year of costly severe storms, floods and droughts. Damage caused by Hurricanes Helene and Milton helped push total economic losses from natural disasters in the U.S. to $217.8 billion last year, an 85.3% increase from 2023, according to insurance broke…