In a bid to help inform and more importantly, protect homeowners and businesses from financial catastrophe, CoreLogic conducts analysis and evaluations of the total number of occurrence and intensity of the natural hazards that are experienced throughout the United States annually.
CoreLogic has released a detailed report in its ”Natural Hazard Risk Summary and Analysis” showing reviews about the annual hazards affecting the States including flooding, earthquake, wind, wildfire, hail, tornado, winter storms and hurricanes. The review has also included a number of international hazard events such as the typhoon in Asia.
Generally, the data from the report made by CoreLogic shows that in 2016 there is an average or below the average occurrences for most of the natural hazards except for the most recorded damaging extreme wind and flooding. The above-average data concerning the strong wind and floods was due mainly to the aftermath of the devastation caused by Hurricane Matthew in 2016. In another report made by the NOAA or National Oceanic and Atmospheric Administration, its table of events of the “Billion-Dollar Weather and Climate Disasters” report show that in the US there were a total of 15 weather and climate disaster occurrences in the year 2016. The resulting damages and losses has exceeded $1 billion.
Below shows the summary of the natural hazards and the severity of the resultant damages based on the CoreLogic report of the Natural Hazard Events in 2016:
- - FLOOD -
The recorded loss due to the floods in the previous year was about six times bigger than the overall resulting flood damages in the previous year. The total flood loss was estimated at $17 billion, with the $3 billion damage due to the Hurricane Matthew alone in October.
- - ATLANTIC HURRICANE -
The Atlantic hurricane activity was recorded a bit higher than the average hurricane experienced in 2016. Based on the record, there were a total of 15 storms including seven hurricanes and eight tropical storms.
- - WIND -
The total area of the land affected by >80mph severe winds was triple times greater than the previous year. The highest recorded speed of wind in 2016 had a range of 101 mph brought by Hurricane Matthew.
- - WILDFIRE -
Wildfire was listed below the average. There were 62,864 wildfires in 2016.
- - HAIL -
For 2016, the hail occurrences were recorded just near the average with 7.8 percent of regions in the US affected. There were millions of property that were damaged by severe hail.
- - TORNADO -
In 2016, there were 1,059 recorded tornadoes. Data shows the damages of the tornadoes was near average. For the year 2016, February has the most affecting tornado with 102 confirmed tornadoes.
- - EARTHQUAKE -
There are about943 recorded earthquakes with magnitude 3.0 or higher across the US are recorded in 2016. About 60% of which has occurred in the state of Oklahoma.
- - WINTER STORMS -
There were nine reported winter storms throughout the US in 2016.
Many are wondering now if these natural hazard occurrences will continue to rise or decrease as we are going halfway through 2017. Despite the tremendous advances in technology, to date it is still impossible to predetermine where or when the next catastrophe such as flood, earthquake or wildfire will occur. At this point, being prepared is the only strong defense we can have. Immediate response as is post-disaster evaluations are equally paramount. Fire Damage Miami