COA junks insurance firms’ P1.5B claim bid vs Pag-IBIG fund

MANILA, Philippines — The Commission on Audit (COA) has junked the petition of insurance firms to claim over P1.5 billion in allegedly unremitted insurance premiums of state-run Home Development Mutual Fund (HDMF) or Pag-IBIG Fund. In a 17-page decision dated March 17, 2026, the COA’s en banc denied the petition for the money claim due