2021 climate change catastrophe report

This report analyzed over 120 million residential structures in the U.S. and took a closer look at defining impact from disasters in 2021, using CoreLogic's advanced risk modeling technology. The Climate Change Catastrophe Report estimates $56.92 billion in property damage from the largest catastrophe events of 2021. Disasters are increasing in frequency and severity, impacting regions underprepared to handle an economic disruption, job displacement and the destruction of real estate assets.

The paper finds that between long-duration dry conditions and extreme heat, the number of wildfires each year is increasing — and 2021 was no exception. The Dixie Fire became the second largest wildfire in California history, scorching nearly one million acres and over 1,200 structures in its path. Surrounding homes were impacted and continue to recover from severe smoke and ash damage. Every year, hundreds of tornadoes, hailstorms and straight-line wind events occur across the U.S. While late in the year for severe storm losses, the Midwest tornado outbreak on December 10 and 11, 2021 was the deadliest December outbreak on record.