WASHINGTON–A Congressional panel examining Hurricane Katrina claims handling heard a colleague accuse insurers yesterday of “massive fraud.”
The accusation came from Rep. Gene Taylor, D-Miss., who has been among the insurance industry's most vocal critics since Hurricane Katrina.
Rep. Taylor, who recently settled a suit against State Farm over his own claim, made his attack on insurers before the House Financial Services Subcommittee on Oversight and Investigations. After testifying, he joined the panel to question other witnesses.
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