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Consumer Alert: Sharing economy exposes summer travelers to insurance risks

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As the U.S. summer travel season peaks, consumer use of sharing platforms continues to climb. Global revenue from sharing services will hit $335 billion by 2025, according to PricewaterhouseCoopers. With nearly 75 percent of Americans vacationing this summer, Insurance Commissioner Jim Donelon advises consumers to understand the insurance risks of the sharing economy. [...]

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