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A spokesperson for a risk modeling firm said that losses are not expected to be high from yesterday’s earthquake, which hit the western portion of Greece.

Newark, Calif.-based Risk Management Solutions reported that the quake was a strong magnitude 6.1 (moment magnitude) that hit at 3:26 p.m. local time. Spokeswoman Jackie Barber said the firm at this point does not expect to report on insured losses as they are believed to be light.

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