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Insurer

Report: FEMA overpaid for flood insurance

The US Federal Emergency Management Agency overpaid insurance companies participating in the National Flood Insurance Program by $327m over a period of three years, according to a review by the US Government Accountability Office.

Coming out in the wash

Laundering money through insurance companies is an attractive option for criminals. Sam Barrett looks at some of the methods utilised and the ways insurance companies can help protect themselves against the threat.

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