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Kentucky Insurers Raise Rates Amid Rising Disaster Costs

10/9/2025

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Story summary
  • Natural disasters are increasing in frequency and cost, impacting the insurance market.
  • In Kentucky, insurers are raising rates or withdrawing coverage in high-risk areas.
  • Kentucky's Disaster Prevention and Mitigation Task Force met with insurance experts.
  • Sen. Robin Webb urged more mitigation investment, noting resilience saves four to twelve dollars per dollar spent.