Billion dollar US weather events 2021
  • The eight individual billion-dollar events of 2021 include: two flood events focused in California (January 24-29) and Louisiana (May 14-19); the historic mid-February winter storm and cold wave with impacts focused in Texas; two severe storm events in late-March (24-25 and 27-28) across many southeastern and eastern states, respectively; two severe storm events focused across Texas and Oklahoma in mid-to-late April (12-15 and 27-28); and the expanding Western drought and heatwave that has amplified throughout 2021.
  • In addition to significant economic impacts, the eight events identified during the first half of 2021 resulted in at least 331 fatalities.
  • The most costly U.S. event so far in 2021 was the February 10-19 Winter Storm and Cold Wave with total, direct losses of approximately $20 billion. This is now the most costly U.S. winter storm event on record surpassing (nearly doubling the inflation-adjusted cost of) Superstorm 1993.
  • The January-June 2021 inflation-adjusted costs are at a near-record pace for the first six months, at nearly $30 billion — trailing only 2011.
  • Since these billion-dollar disaster records began in 1980, the U.S. has sustained 298 separate weather and climate disasters where overall damages/costs reached or exceeded $1 billion (based on the CPI adjustment to 2021) per event. The total cost of these 298 events exceeds $1.975 trillion.
See full report here.