The Cost of Climate Change: Over $120 Billion in Insurance-Covered Losses Reported in 2022 Alone

The year 2022 has become one of the costliest years on record following a number of natural disasters which ravaged the United States, Australia, and Pakistan. Those heavy losses fall short of 2017 and 2021, but as the Earth continues to be plagued by climate change, the coming years may break those records.