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International

Insurance rate hikes could mean end for many small firms

November 25, 2021 Reprints

A survey by Marsh LLC found that almost half of surveyed small and medium-sized businesses in the U.K. have encountered pandemic-related exclusions from their insurance policies, City AM reported. Limited coverage along with soaring insurance rates could be the final nail in the coffin for many small businesses already struggling to keep afloat.

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Insurance rate hikes could mean end for many small firms

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