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Insured value of US coastal properties jumps 7% yoy - AIR

The insured value of properties in coastal areas of the United States continued to grow at a compound annual growth rate of just over 7%, a report from AIR says.

Despite the recent weakening of the real estate market in many areas, the insured value—or the cost to rebuild properties—has maintained an annual growth rate that will lead to a doubling of the total

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