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Georgia forms committee to investigate high insurance costs, focusing on fraud and profits.
Georgia lawmakers have formed a special committee to investigate rising insurance costs in the state, focusing on fraud and profit concerns.
Insurance Commissioner John King points to Georgia's high rate of insurance fraud, especially in auto insurance, as a key factor.
However, others argue that industry profits are also a significant issue.
The committee will hold hearings across the state to assess the impact of recent tort reform legislation aimed at lowering rates, with hopes that changes will take effect over time.
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Georgia forma un comité para investigar los altos costos de seguro, centrándose en el fraude y las ganancias.