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twitterInsurance company asks for rate increase
Wednesday, May 12, 2004 | 11:08 a.m.
Farmers Insurance Exchange, which covers 187,000 vehicles in Nevada, is asking state Insurance Commissioner Alice Molasky-Arman to raise rates an average 7.5 percent to collect an extra $12.1 million a year. Motorists will be hit hardest for state-required bodily injury-property damage coverage. Premiums would rise anywhere from 13 to 19 percent for that coverage.
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