In 2018, the U.S. experienced 14 billion-dollar-plus natural disasters, which caused approximately $90.9 billion in losses, the fourth-highest cost since 1980, according to the U.S. Household Disaster Giving in 2017 and 2018 report.
Aon's Global Catastrophe Recap report reveals that a series of major wildfires burned across Northern and Southern California throughout the month; the most catastrophic, the Camp Fire in Butte County, largely destroyed the city of Paradise, killing 88 people with dozens of others unaccounted for.
