(CNBC) One state really stands head and shoulders above the rest, and that would be Texas, ” says Smith. Over NOAA’s 40 years of analysis, the Lone Star State has experienced more than 100 separate $1 billion disasters, from the Houston floods and hurricanes of 2017 to flooding and even winter storms, which are more usually associated with the Eastern Seaboard.
Texas has the highest frequency of extreme weather events over the period of analysis, and it also has the highest inflation-adjusted costs related to extreme weather. (Read More…)
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