Weather Risk

The majority of the damage was concentrated in Louisville, Colorado, which saw 533 structures destroyed and 45 damaged.

This news follows two-consecutive years of higher-than-average named storms.

The increasing number of natural disasters hitting the U.S. hasn't affected all regions equally, and some states are shelling out billions annually to recover from these events.

The Boulder Sheriff's Office reported it is working with investigators to better assess the damage but winter weather is slowing the process.

Losses from natural disasters in 2021 continued the trend of an annual 5%–6% rise.

Consumers getting policies from the California FAIR Plan climbed about 25% in 2020.