NU Online News Service, Jan. 20, 3:39 p.m. EST
Auto insurers missed $15.9 billion in 2008 premiums because of rating errors primarily due to consumer fraud, a rating integrity solutions firm said.
San Francisco-based Quality Planning in its Premium Rating Error Report said based on nationwide audits it has conducted the rating error represented 9.8 percent of the total $161.7 billion in personal auto premium written.
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