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Flooding and damaging wind were most destructive natural hazards in 2016

Source(s): CoreLogic
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CoreLogic® today released its annual Natural Hazard Risk Summary and Analysis which shows relatively average or below-average activity for most U.S. natural hazards with the exception of flood and wind, both of which saw above-average activity, due in large part to Hurricane Matthew. The report reviews annual hazard activity in the U.S. including events for flooding, earthquake, wildfire, wind, hail, tornado, hurricanes and winter storms with spotlights on several international events including Asia typhoon. Highlights from the analysis include:

Flood

  • At $17 billion, total flood loss in 2016 was six times greater than the overall flood damage experienced in 2015.
  • Five flood-related events in 2016 exceeded $1 billion in losses, including:
    • The Louisiana flood in August with losses estimated at more than $10 billion
    • Hurricane Matthew in October with losses estimated at $3 billion

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Hazards Cyclone, Hurricane and Typhoon Earthquake Flood Tornado Wildfire
Themes Insurance and risk transfer
Country and region United States of America

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