Five weather disasters cost US $1B in 2011

May 13, 2011 10:10:17 AM PDT
This year has been the most expensive in modern record for weather events.

According to insurance estimates and government records, the U.S. has been hit with five weather disasters that have cost the country more than $1 billion each in 2011.

There were $3 billion disasters in the month of April alone. Tornadoes, flood and storms have resulted in an unusually high costs because of their severity and because they hit populous areas.