The deadly cost of failing infrastructure in historic Midwest floods

So far, historic floods in America’s Midwest have already claimed three lives with others still missing — although the worst may be yet to come.

In Nebraska alone, over 2,000 homes and 340 businesses have been destroyed, leading to over $1 billion in damages. In Iowa, more than 1,200 homes have been extensively damaged or destroyed, with more than $480 million estimated in damage to homes, $300 million to businesses and $214 million to agriculture.