California 'Superstorm' Estimate Would Dwarf Recent Disasters

'Superstorm' Could Cost California $300 Billion

The U.S. Geological Survey recently made quite a splash with its analysis that California could theoretically experience $300 billion worth of damage from a "superstorm." It would be a storm -- actually a series of storms -- of unprecedented proportions, at least in terms of damage.

The $300 billion disaster would dwarf other multibillion-dollar weather disasters, which have been startlingly common in the United States in recent decades.

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