U.S. Flooding Events Cause Hundreds of Millions in Losses, Aon Reports
Recent widespread flooding across several U.S. states has resulted in hundreds of millions of dollars in economic and insured losses, according to a report from Aon. From October 31 to November 2, Arizona and Colorado experienced significant rainfall due to a low-pressure system originating in the Pacific Northwest. Flagstaff, Arizona, recorded 3.37 inches of rain on November 1, marking its third-highest daily total since records began, with a two-day total of 5.15 inches. Concurrently, heavy rainfall and flash flooding impacted the Florida peninsula from November 1-3, with southern Brevard County receiving over 24 inches of rain in approximately 24 hours. Additionally, storm clusters on November 4 affected the southern Appalachians, particularly Fannin and Gilmer counties in Georgia, where rainfall rates reached 2 to 3 inches per hour, accumulating 5 to 11 inches in total. The National Weather Service issued flash flood emergencies for several areas in Georgia, including McCaysville and Copperhill. Much o...