Personal Liberty Digest™ will be upgraded this weekend to reflect a dynamic new look and mobile-friendly viewing to enhance your experience! Plus, we'll be providing even more of the compelling content you've come to expect, delivered in a whole new way!

  Comments Subscribe to Personal Liberty News Feed Subscribe to Personal Liberty

Mother Nature's Bill In May In Billions

CHICAGO (UPI) — Reinsurance firm Aon Benfield said earthquakes in Italy topped May’s list for monetary losses from natural events, but rains in China killed more people.

Two earthquakes in a nine-day period killed 25 people and injured 400 others. Including aftershocks, the events also caused extensive damage to the Emilia-Romagna region of Italy.

The cost of the events is estimated at $6.25 billion, but the total has yet to be determined said Steve Jakubowski, president of Impact Forecasting, which published the findings.

“The Italian earthquakes resulted in the largest natural disaster loss for the country since the L’Aquila earthquake event in 2009,” Jakubowski said.

“It is anticipated that insured losses would reach minimally into the hundreds of millions of dollars. However, it remains too early to determine how negligible re-insurance losses may be from this event,” he said.

The second most costly event of the month involved prolonged rain in China that affected 22 provinces and killed at least 102 people, the reinsurance firm said.

The Ministry of Civil Affairs in China reported 143,000 homes were damaged by the rains with 2.3 million acres of croplands affected.

In Japan, three people were killed and 59 injured by high winds and tornadoes in the month with damage to 1,845 buildings, the firm said.

Two severe weather events were costly in the United States, although neither of them included tropical storm Beryl, which hit Florida with winds of 70 mph.

Damage from Beryl was not extensive, the firm said. However, hail and wind caused about $275 million in damage from the Dakotas to Maryland in May — with more than 30,000 insurance claims filed.

A second weather event near the end of the month caused severe damage in the center and eastern United States with $400 million worth of damage reported in Oklahoma alone, the firm said.

UPI - United Press International, Inc.

Since 1907, United Press International (UPI) has been a leading provider of critical information to media outlets, businesses, governments and researchers worldwide.

Facebook Conversations

Join the Discussion:
View Comments to “Mother Nature's Bill In May In Billions”

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.

Is there news related to personal liberty happening in your area? Contact us at


Sign Up For Personal Liberty Digest™!

PL Badge

Welcome to,
America's #1 Source for Libertarian News!

To join our group of freedom-loving individuals and to get alerts as well as late-breaking conservative news from Personal Liberty Digest™...

Privacy PolicyYou can opt out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.