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costliest year

Costliest year in history: Natural disaster damage cost America $306 billion in 2017

NEW YORK: Last year was the most expensive in US history for natural disasters, with a barrage of fires, freezes, floods and hurricanes that cost $306 billion, according to a US government report Monday. In 2017, a total of 16 disasters cost $1 billion or more, and led to at least 362 deaths, said the report by the National Oceanic and Atmospheric Administration. The death toll could be substantially higher, once Puerto Rico completes its review of deaths from Hurricane Maria, experts said. The year far outpaced the…