HSB's New Ways of Thinking

Rising Storms, Rising Costs: Why Billion-Dollar Disasters Keep Growing


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Hurricane seasons are bringing more named storms and billion-dollar disasters—but why? In this episode, Jeff O'Shaughnessy and Dr. Phil Klotzbach break down the factors behind rising storm counts, the role of better detection, and why growing exposure drives higher damages. They also explore how stronger building codes and smarter planning can help—and what recent storms like Ida (2021) and Helene (2024) reveal about shifting risks.

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HSB's New Ways of ThinkingBy Hartford Steam Boiler