Storms in Minnesota are Becoming More and More Expensive

Storms in Minnesota are Becoming More and More Expensive

 

Minnesota, despite being considered relatively safe for natural disasters, faces increasing weather-related property damages, with 57 weather disasters since 1980 causing an estimated $20-$50 billion in damages. Severe storms, like the 2017 hailstorm that cost over $3 billion, and other weather events, including hailstorms and droughts, contribute to the rising costs, reflecting a broader trend of increasing $1 billion disasters in the U.S. due to climate change and population growth.

 

#constantdisasters #disasterimpact #venturecapital #startup #entrepreneur #LifeboatVentures #disastermitigation #climatechange #globalwarming

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