Forget Hurricanes— This Is Now the World's Most Expensive Natural Disaster, and It's Already Hitting American Homeowners
Severe convective storms overtook hurricanes as the costliest insured natural disaster in 2025, according to a First Street study.
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Why It Matters
Severe storms with heavy winds and hail are now costing people more money than hurricanes do. When you look at insurance companies' stocks, watch to see if their costs keep climbing—that helps you understand if they're under pressure.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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