Friday, April 9, 2010

"The top dozen costliest U.S. disasters are ..."

Continuing the insurance/reinsurance theme.
From the Houston Chronicle's SciGuy:

What is perhaps most surprising, however, is how hurricanes dominate the list and that our very own Ike checks in at number four.

insuredlosses2010.jpg
Insurance Information Institute

Bear in mind these are just insured values (albeit they are adjusted for inflation). The actual storms caused about twice as much damage.

Can anyone guess why nine of these events have occurred within the last decade?