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OIG Reports

Report 2-24 - Audit of Loss Adjustment Expenses Incurred on Quality Trust, Inc. Bonds

Date Issued: 
Monday, August 19, 2002
Report Number: 
2-24

Audit Report Number: 2-24

Issue Date: August 19, 2002

This report may contain proprietary information subject to the provisions of 18 USC 1905 and must not  be released to the public or another agency without permission of the Office of Inspector General.

To: Dionne Neal. Acting Associate Administrator, Office of Surety Guarantees

From: Robert G. Seabrooks, Assistant Inspector General for Auditing

/signed/

Subject: Audit of Loss Adjustment Expenses Incurred on Quality Trust, Inc. Bonds

As a result of a compliant recieved from [FOIA EX. 6] Quality Trust, Inc. (Quality Trust), we completed an audit of the loss adjustment expenses (LAEs) claimed on all SBA guaranteed bonds issued to Quality Trust by Gulf Insurance Group (Gulf).

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