Congress reports U.S. will lose $54 billion annually to storms

A recently released report from the Congressional Budget Office predicts an alarming $54 billion in hurricane damage over the next few years – some of which can be avoided by spending money upfront to build resilience.



The frequency of what are called “billion-dollar storms” appear to be increasing. In 2018, there were 39 “billion-dollar” disasters around the world – 16 of which were in the U.S. Already in the first four months of 2019, the U.S. has endured Winter Storms Quiana...