Winter Storm Uri was a natural disaster of epic proportions. It dumped record snowfall on Texas in February 2021, as millions across the state lost power. Gov. Greg Abbott issued a rare disaster declaration for all 254 counties. The Texas chapter of the American Society of Civil Engineers has projected that the ultimate cost of Uri could surpass $300 billion.
Putting this into perspective, Hurricane Katrina caused over $160 billion in damage; and the overall losses for Hurricane Harvey approached $150 billion. Worldwide, Uri is the costliest winter storm on record, not to mention the most expensive natural disaster in U.S. history.