The rising likelihood of extreme and catastrophic weather events makes monitoring the frequency and impact of natural disasters a critical regulatory function. NOAA’s National Centers for Environmental Information (NCEI) tracks U.S. weather and climate events that have great economic and societal impacts (www.ncdc.noaa.gov/billions). Since 1980, the U.S. has sustained 273 weather and climate disasters where the overall damage costs reached or exceeded $1 billion (including adjustments based on the Consumer Price Index, as of 2020). The cumulative cost for these 273 events exceeds $1.79 trillion.  Adam Smith, Applied Climatologist for NCEI, will provide an overview of weather and climate disaster loss trends for the past 40 years, as well as discuss implications for future losses