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The price increases are exacerbated by the war in Iran.
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Using a massive data set detailing some 70 million policies, researchers have found that “credit scores impact homeowners insurance premiums as much as disaster risk.”
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Wildfires are a top concern across the region. But certain parts also fall within "hail alley" — the part of the country that sees the most hailstorms. It's driving up insurance costs in unexpected places.
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Among Mountain West states rates vary drastically
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Starting on Jan. 1, international visitors to some of the most visited national parks will face price increases. Some businesses are concerned about a decline of visitors or spending, while others aren't anticipating large impacts.
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After the U.S. State Department increased social media vetting for international student visa applicants, some ski resorts worried about shortages of lift operators or food servers.
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As the government shutdown continues, visitors to national parks are finding some remain accessible but with limited services. This could lead to some visitors changing their plans which may have a significant impact on local communities that depend on visitor spending.
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The estimate includes tickets and food sales, hotel stays, workers’ wages, advertising and more, but not the revenue made by concessionaires and other businesses at the fairs.
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The pace of booking for lodging in Western U.S. mountain destinations slowed for the sixth month in a row in May.
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The Rocky Mountain region, which includes Colorado, Idaho, Montana, New Mexico, Utah and Wyoming, accounted for about 43% of all U.S. ski visits.
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Homeowners insurance is getting more expensive and harder to keep. Lawmakers in our region introduced more than a dozen policy proposals in response this year.
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Frustration among outfitters and guides over federal permitting is not new. Recreation-focused staff and budgets at national forests, in particular, have gone down as demand has gone up. This has been resulting in lengthy delays in responses to applications.