Audit questions insurer of last resort's security

NEW ORLEANS (AP) - Louisiana's property insurer of last resort allowed too much access to computer systems, opening the door for potential fraud, and failed to take enough steps to make sure that policy applicants were eligible for coverage.

That's according to a state audit released Monday.

The Legislative Auditor's Office said it found enough problems with Louisiana Citizens Property Insurance Corp. that it could not issue an opinion on the accuracy of the insurer's records.

In a response to the audit, which covered 2008, Citizens management concurred at least in part with most of the findings and said corrective action was being taken, including reducing computer access sharply and developing a written access policy.
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