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Business in brief

Auto insurers seek hike

August 14, 2004

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The average Massachusetts car owner would pay an extra $62 for insurance in 2005 under a rate proposal filed by an umbrella group representing the state's auto insurers. The Automobile Insurers Bureau of Massachusetts asked state regulators to raise rates 5.8 percent, a decrease from the 12 percent premium hike it requested last year. The Division of Insurance sets the ... (Full Article: 603 Words)

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