Niagara Gazette

Web Extra

February 12, 2014

Oklahoma leads U.S. in 2013 disaster costs

Oklahoma was the nation's costliest state for natural-disaster claims last year as tornadoes spurred payouts.

Oklahoma had $2 billion in insured catastrophe expenses, followed by Texas at $1.51 billion, the Insurance Information Institute said Tuesday. No. 3 Colorado, with $907 million in losses, was hit by wildfires.

Natural disasters cost insurers about $12.8 billion in 2013, the least since 2009, according to the institute. Losses were $35 billion the previous year, when Superstorm Sandy struck the East Coast. New York had the highest costs in 2012, with $9.76 billion, followed by New Jersey at $6.37 billion.

"Hurricanes like 2012's Sandy generate headlines, even though it is the frequency and severity of tornadoes that has grown in recent years," Robert Hartwig, president of the Insurance Information Institute, said in a statement.

All 10 of the costliest tornadoes in the U.S. occurred since 2001, led by twisters in 2011 that struck Tuscaloosa, Ala., and Joplin, Mo.

Texas is the only state to be among the five costliest for insurers in the each of the past three years. The state ranked No. 3 in 2012 and first in 2011. Texas, which borders the Gulf of Mexico, is also more vulnerable to hurricanes than most states in the "Tornado Alley" region. Hurricane Ike struck Galveston in 2008.

From 1983 to 2012 Texas had $49 billion in costs, or about 10 percent of the total in the country. That ranks behind only Florida, which had $66.7 billion in losses, according to the institute. Florida is the fourth-most populous state, trailing New York, Texas and California.

Florida wasn't among the top five in 2013 costs. The lower- than-average damage from East Cost storms benefited companies including Allstate, the largest publicly traded U.S. home and auto insurer. Allstate gained 36 percent last year in New York trading.

1
Text Only | Photo Reprints
Web Extra
  • NIA New planet art 041814 Astronomers spot most Earth-like planet yet Astronomers have discovered what they say is the most Earth-like planet yet detected -- a distant, rocky world that's similar in size to our own and exists in the Goldilocks zone where it's not too hot and not too cold for life.

    April 17, 2014 1 Photo

  • portraitoflotte.jpg VIDEO: From infant to teen in four minutes

    Dutch filmmaker Frans Hofmeester’s time lapse video of his daughter, Lotte — created by filming her every week from her birth until she turned 14 — has become a viral sensation.

    April 17, 2014 1 Photo

  • Screen Shot 2014-04-16 at 12.51.22 PM.png VIDEO: Toddler climbs into vending machine

    A child is safe after climbing into and getting stuck inside a claw crane machine at a Lincoln, Neb., bowling alley Monday.

    April 17, 2014 1 Photo

  • To sleep well, you may need to adjust what you eat and when

    Sleep.  Oh, to sleep.  A good night's sleep is often a struggle for more than half of American adults.  And for occasional insomnia, there are good reasons to avoid using medications, whether over-the-counter or prescription.

    April 17, 2014

  • Low blood-sugar levels make for grousing spouses

    Husbands and wives reported being most unhappy with their spouses when their blood-sugar levels were lowest, usually at night, according to research released this week in the Proceedings of the National Academy of Sciences. Missing a meal, dieting or just being hungry may be the reason, researchers said.

    April 17, 2014

  • Doctors to rate cost effectiveness of expensive cancer drugs

    The world's largest organization of cancer doctors plans to rate the cost effectiveness of expensive oncology drugs, and will urge physicians to use the ratings to discuss the costs with their patients.

    April 17, 2014

  • Screen shot 2014-04-11 at 4.49.09 PM.png Train, entertain your pets with these 3 smartphone apps

    While they may not have thumbs to use the phone, pets can benefit from smartphone apps designed specifically for them.

    April 14, 2014 1 Photo

  • Stepping forward: The real Colbert

    Letterman changed the late-night TV game between his run on NBC's "Late Night" and starting the "Late Show" franchise in 1993. And while it's tough to replace a pop-culture icon, Colbert, in terms of pedigree and sense of humor, makes the most sense.

    April 14, 2014

  • Millions of Android phones, tablets vulnerable to Heartbleed bug

    Millions of smartphones and tablets running Google's Android operating system have the Heartbleed software bug, in a sign of how broadly the flaw extends beyond the Web and into consumer devices.

    April 14, 2014

  • mfp file Hoffner Fired coach unjustly accused of visiting porn sites

    The president of Minnesota State University-Mankato accused a football coach of looking at Internet porn on a work computer before firing him, an arbitrator has revealed. The official said the claim could not be supported, and the coach shouldn't have been fired.

    April 14, 2014 1 Photo

Featured Ads
House Ads
AP Video
Captain of Sunken SKorean Ferry Arrested Raw: Fire Destroys 3 N.J. Beachfront Homes Raw: Pope Presides Over Good Friday Mass Raw: Space X Launches to Space Station Superheroes Descend on Capitol Mall Man Charged in Kansas City Highway Shootings Obama Awards Navy Football Trophy Anti-semitic Leaflets Posted in Eastern Ukraine Raw: Magnitude-7.2 Earthquake Shakes Mexico City Ceremony at MIT Remembers One of Boston's Finest Raw: Students Hurt in Colo. School Bus Crash Raw: Church Tries for Record With Chalk Jesus Raw: Faithful Celebrate Good Friday Worldwide Deadly Avalanche Sweeps Slopes of Mount Everest Police Arrest Suspect in Highway Shootings Drought Concerns May Hurt Lake Tourism Vermont Goat Meat Gives Refugees Taste of Home Calif. Investigators Re-construct Fatal Bus Cras Mayor Rob Ford Launches Re-election Campaign Appellate Court Hears Okla. Gay Marriage Case
Opinion
House Ads
Night & Day
Twitter News
Follow us on twitter
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Front page