The total insured value for U.S. residential and commercial properties in coastal counties has grown to over $10 trillion, a new analysis says, but the rate of growth has slowed some since 2008 due to recession-related factors.
AIR Worldwide issued a 2013 update to its "Coastline at Risk" analysis, finding that the total insured value for coastal risks increased from $8.9 trillion at the end of 2007 to $10.6 trillion at the end of 2012. AIR says that, from its initial analysis in 2005 to its first update in 2008, the rate of growth in coastal insured values was 7 percent per year. From the 2008 update to the latest 2013 update, that rate slowed to 4 percent per year. 
"What changed during this last five-year period is that the United States endured a severe economic recession, followed by an anemic recovery by historical standards," AIR says.
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