The snow storms that paralyze cities across North America are expensive, but still nowhere near as costly as tropical cyclones, droughts or heat waves.
Carlo Allegri / Reuters
The costliest storm in recent memory was the 1993 blizzard which affected 24 states and caused $5 billion in losses.
Munich Re / Via munichre.com
That made 2014 the fourth costliest year of blizzards on record. Aon Benfield, an insurance broker, said that winter weather in January had the fifth largest economic impact of any weather event last year.
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