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Insurability Through Property Resilience Data

By Jessica Wright, Partner Engineering and Science

Fine-tuning resilience assessments and providing proper data to insurers could ease insurance challenges for commercial real estate investors.

The exponential increase in insurable losses due to natural disasters and severe weather events has led to a crisis in the property insurance market, with premiums skyrocketing and policy cancellations, especially in coastal regions. In addition, rising construction costs and labor shortages have resulted in higher replacement values. 

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