CoreLogic: 2011 a big year for natural disasters

2011 was the most expensive U.S. hurricane season since 2008, and the U.S. tornado season was the third most active since 1980, according to a new report by CoreLogic, an analytics company. Property, casualty and commercial insurance companies are starting to re-evaluate risk for tornado damage beyond the traditional geographic areas known for the storms, CoreLogic said. U.S. flooding in 2011 heightened awareness of flood risk outside of the Federal Emergency Management Agency's 100-year flood zones. CoreLogic estimates U.S. flood losses at $10.67 billion for 2011.

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