US climate disasters racked up 'third biggest ever' bill in 2022

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US climate disasters racked up 'third biggest ever' bill in 2022
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US says 18 separate weather and climate disasters cost the country over $1 billion each in losses, making 2022 the costliest year on record

A view of the destroyed road between Matlacha and Pine Island after Hurricane Ian caused widespread destruction in Matlacha, Florida, U.S., October 2, 2022.

Last year was also the third-highest disaster count ever, the Assessing the US Climate in 2022 report by the National Centers for Environmental Information [NCEI] said on Tuesday. With a price tag of more than $165 billion, 2022 ranked third in total costs behind 2017 and 2005 , the NCEI said, and the figure could rise when the impact of a sprawling winter storm that hit the central and eastern US in December is fully factored in.

"Another area of positive news was the California wildfire season which saw minimal loss and relatively few large fires causing insured loss the current rain is short-term good news, but will no doubt raise the future wildfire risk with fine fuel growth once the rains stop," Siffert added.

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