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StumbleInsurance firms seek Nevada rate hike
Wednesday, Aug. 15, 2001 | 11:07 a.m.
Two companies that constitute a small share of the auto insurance market in Nevada have applied to state Insurance Commissioner Alice Molasky-Arman to boost rates effective in November.
United Services Automobile Association, which writes coverage for 31,854 vehicles in the state, is proposing a 13.6 percent increase to collect an additional $3 million a year.
USAA Casualty Insurance Co. is asking for an 8.2 percent increase for the 19,981 vehicles it covers in Nevada. That would result in $1.4 million additional revenue annually.
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