WASHINGTON--The Inspector General's Office of the Department of Homeland Security said a report on its lengthy investigation into whether the World Trade Captive Insurance Company is handling illness claims from Ground Zero workers properly won't be out for weeks.

It was revealed that since 2006 the IG has been examining the question of whether the federally funded captive unit should be spending more on paying claims and less on legal fees to contest them.

Tamara Faulkner, a spokesperson for the Office of the Inspector General of the Department of Homeland Security, said the agency hopes to release its report on the issue by the end of the year.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.