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Colorado, Montana, New Mexico and Wyoming all have seen rates at least tripled between 2018 and 2023, according to a Mountain West News Bureau analysis. In Utah's Summit County, cancellations jumped from fewer than 100 to 316 in the same period.
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As insurance companies re-evaluate risk, they’re increasing premiums or refusing renewals for parts of Salt Lake City where residents might not think of themselves as living in a high wildfire risk area.
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Utahns who buy their health insurance through the federal exchange can expect substantial rate increases next year. The Utah Insurance Department updated…