There have been 23 weather extreme events in America that cost at least $1 billion this year through August, breaking the record of 22 set in 2020.
Caroline and Paul Mosterman have seen their share of unusual weather in four-plus decades of farming. But nothing comes remotely close to what they experienced in November 2021 when their Sumas Prairie farm was inundated by floodwater. Because the couple farmed on a floodplain, they had no flood insurance. So, when their farm buildings, blueberry
Deloitte’s new Global Turning Point Report finds that unchecked climate change could cost the global economy US$178 trillion over the next 50 years, unless global leaders unite in a systemic net-zero.
Four catastrophic weather events this summer caused a combined total of over $7 billion in insured losses, according to initial estimates from Catastrophe Indices and Quantification Inc. (CatIQ).
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