A Georgia state Senator is asking for the state’s Insurance Commissioner to investigate whether major insurance companies are using affiliate companies they own to hide profits.
State Sen. Nabilah Islam Parkes sent a letter to Insurance Commissioner John King asking that his “office undertake a comprehensive investigation into Georgia’s insurance market.”
“Working families cannot continue to afford rising premiums, and we need to find out what the real cause of these rising premiums are, and whether or not it’s because insurance companies are running a shell game,” Islam Parkes told Channel 2 consumer investigator Justin Gray. …