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Tuesday, January 5, 2010 - 2:30pm

Oxendine Launches Criminal Probe, Compares Company's Books to Enron

Updated: 4 years ago.
In October, a Fulton County judge shut down Southeastern U.S. Insurance after some suspicious business practices. (photo courtesy Rachael Voorhees)

Georgia Insurance Commissioner John Oxendine Tuesday opened a criminal investigation into Southeastern U.S. Insurance Corporation.

Georgia Public Broadcasting first reported that the failed insurer had made many questionable business dealings after selling cut rate workers comp insurance to municipalities across the state. Rickey Bevington gets details on this development from WGPB’s John Sepulvado who has been covering the story.

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