Report: Natural disasters caused $110B in U.S. damage last year

The natural catastrophes that hit the United States last year resulted in $110 billion in damage, making 2012 the second-costliest year since 1980 for such disasters, according to a report from the National Climate Data Center. Hurricane Sandy, drought, Midwest tornadoes and a “derecho” storm were among last year’s 11 major weather-related events that caused at least $1 billion apiece in damages. Read the story here.

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