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The Most Expensive U.S. Hurricane Season Ever
Storms racked up more than $200 billion in damages this year
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With just a few days left in the U.S. Atlantic hurricane season, one thing is certain: It was the most expensive year ever. For a season that delivered 17 named storms -- 10 of which became hurricanes that altogether killed hundreds across the Atlantic basin -- it caused $202.6 billion in damages since the formal start on June 1, according to Enki Research. The storm costs are based on physical damages, clean-up expenses and lost business activity that isn’t recovered within a year. Worldwide, storms caused $369.6 billion of damage, the second-most costly year since 1960.