This year marks the 20th anniversary of Hurricane Katrina, still remembered as one of the costliest and most devastating storms in history. On this episode, host Jeff O'Shaughnessy and Dr. Phil Klotzbach of Colorado State University reflect on the record-breaking 2005 hurricane season, how it reshaped forecasting, and what made storms like Katrina, Rita, and Wilma so destructive.

They also explore how storm formation patterns impact risk, why seasons like 2017 (Harvey, Irma, Maria) and 2024 defied expectations, and what history can teach us about the unpredictability of peak hurricane activity.