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City officials hoping to reduce a massive increase to premium for liability, property insurance coverage

from The West Central Tribune

The city of Willmar, Minn., is taking steps to reduce the increase in the cost of liability and property insurance. The city's annual insurance premium was proposed to increase 21.8 percent from $124,922 in 2010 to $152,222 in 2011. The increase was due to two to three large claims during the past couple of years. more

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