THE TEN MOST COSTLY CATASTROPHES, UNITED STATES (1) |
($ millions)
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Estimated insured property losses |
Rank |
Date |
Peril |
Dollars when occurred |
In 2013 dollars (2) |
1 |
Aug. 2005 |
Hurricane Katrina |
$41,100 |
$47,622 |
2 |
Sep. 2001 |
Fire, explosion: World Trade Center, Pentagon terrorist attacks |
18,779 |
23,895 |
3 |
Aug. 1992 |
Hurricane Andrew |
15,500 |
23,386 |
4 |
Oct. 2012 |
Hurricane Sandy |
18,750 |
19,033 |
5 |
Jan. 1994 |
Northridge, CA earthquake |
12,500 |
18,038 |
6 |
Sep. 2008 |
Hurricane Ike |
12,500 |
13,426 |
7 |
Oct. 2005 |
Hurricane Wilma |
10,300 |
11,934 |
8 |
Aug. 2004 |
Hurricane Charley |
7,475 |
8,939 |
9 |
Sep. 2004 |
Hurricane Ivan |
7,110 |
8,502 |
10 |
Apr. 2011 |
Flooding, hail and wind including the tornadoes that struck Tuscaloosa and other locations |
7,300 |
7,540 |
(1) Property coverage only. Excludes flood damage covered by the federally administered National Flood ÐÓ°ÉÔ´´ Program.
(2) Adjusted for inflation through 2013 by ISO using the GDP implicit price deflator.
Source: The Property Claim Services® (PCS®) unit of ISO®, a Verisk Analytics® company. |
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