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Alabama Coastal Insurance Commission Study Dec 18, 2024

Alabama Coastal Study Commission · December 18, 2024

The Alabama Coastal Study Commission heard a presentation of catastrophe-modeling results showing that wind and storm losses to 137 coastal hotels, condominiums and convention facilities could put roughly $208 million in state tax revenue at risk; members directed staff to include the analysis in a report to the legislature and pursue options for mitigation.

AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.