Calvo wants local insurers out of GEDA's QCs

by Sabrina Salas Matanane

Guam - Governor Eddie Calvo is urging lawmakers to eliminate local insurance companies from GEDA's Qualifying Certificate Program. This follows the audit released last week by the Office of Public Accountability. Governor Calvo says he has been urging lawmakers to change the QC law so insurance companies will pay taxes since January. He added these are changes GEDA has brought to senators since 2009.