Insurers are among a new coalition advocating policy changes to reduce economic losses from future storms and rising sea levels along U.S. coastlines.
The Resilient Coasts Initiative includes insurers, environmental groups and public officials. Their recommendations, enumerated in a blueprint, include fine-tuning climate risk models, requiring risk-based land use planning, strengthening building code standards to meet future risks, and maintaining a viable private property/casualty insurance market.
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