Rising Tide

Rising Tide — Note: Damage numbers represent the 2012 Consumer Price Index cost adjusted value except in the case of 2012 estimates; Data: NOAA, IHS Global Insight; Bloomberg

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By Jennifer Daniel

November 1, 2012 at 9:49 AM UTC

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The number of natural disasters since 1996 costing $1 billion or more doubled compared with the previous 15-year period.