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flag Alaska urges insurers to reverse oil/gas coverage limits, citing economic and energy risks.

flag Alaska state agencies have formally asked four major insurers to reconsider their restrictions on covering Arctic oil and gas projects, warning the policies harm the state’s economic growth and energy independence. flag The Department of Natural Resources and other agencies cited concerns over climate risk assessments impacting investment in sensitive areas like the Arctic National Wildlife Refuge. flag They requested meetings to discuss the issue but received no response. flag The move underscores tensions between state economic priorities and corporate environmental policies in the Arctic.

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