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BUSINESSCommonWealth Beacon·6d ago

A pilot program in Plymouth hopes to crack the code on insurance in coastal communities

Photo · CommonWealth Beacon
AI TLDR · GEMINI

The insurance challenge for coastal states like Massachusetts has been a vexing one. Inflation and tariffs are scrambling rebuilding costs, and the rise in climate-driven natural disasters has contributed to a recent increase in private insurers not renewing policies and the state’s insurer-of-last-resort seeing a growth in the number of enrollees.

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