Florida Department of Financial Services News

Florida Homeowner Charged for Double-Dipping on Kitchen Water Damage Claim

A homeowner in Florida has been charged with fraud after failing to report a previous claim on her house, the state’s Department of Financial Services said Wednesday. Nancy Salomon, of Port St. Lucie, applied for an HO policy with Olympus …

Miami Construction Co. Owner Arrested in $88K Workers’ Comp Fraud Scheme

A construction company owner was arrested in Florida this month for workers’ compensation premium fraud and grand theft for allegedly concealing payroll information to avoid paying more than $88,000 in workers’ compensation premiums, according to a statement from the Florida …

2 Arrested in Florida Fake Public Adjuster, $65K Claims Scheme Against Citizens

Two Miami residents have been arrested for allegedly acting as public adjusters without a license and filling false insurance claims with Citizens Property Insurance Corp., according to a statement from the Florida Department of Financial Services (DFS). The CFO’s Division …

Newly Appointed Florida Deputy CFO to Focus on Insurance Fraud

Former Secretary of the Florida Department of Corrections Julie Jones has been appointed Deputy Chief Financial Officer within the Office of Chief Financial Officer, according to a statement from the Florida Department of Financial Services. As Deputy CFO, Jones will …

Florida OKs Emergency Adjusters, Brings In Fraud Strike Teams for Sally Recovery

The Florida Department of Financial Services has deployed its Disaster Fraud Action Strike Team (DFAST) to the Florida Panhandle, as well as activated the state’s emergency adjuster license system to assist with recovery efforts from Hurricane Sally. According to a …

Florida Residual Workers’ Comp Plan Issues $27.6M in Premium Refunds

Nearly 13,000 policyholders of the Florida Workers’ Compensation Joint Underwriting Association (FWCJUA) will receive workforce premium refunds totaling $27.6 million over the next few months. According to the Florida Department of Financial Services, FWCJUA, the state’s self-funded residual market, recently …

Florida CFO to Focus On Pandemic Business Liability Protections in 2021 Session

Florida CFO Jimmy Patronis said he will pursue legislation that establishes liability protections for businesses in the next legislative session slated to start in March 2021. The Florida Department of Financial Services said in a statement that Patronis is currently …

Florida to Grant Temporary Agent Licenses Amid Testing Freeze

The Florida Division of Agent and Agency Services will resume its ability to begin processing insurance agent licenses despite the closure of testing centers around the state, under a directive from Florida CFO Jimmy Patronis. This directive issued April 17 …

Florida Directs Workers’ Comp Insurers to Comply with COVID-19 Treatment Order

The Florida Office of Insurance Regulation has issued an informational memorandum to all insurers and entities authorized to write workers’ compensation insurance providing guidance on the treatment of policyholders affected by COVID-19. The memorandum is in response to Chief Financial …

Florida to Provide Workers’ Comp Coverage to State Workers Battling COVID-19

Florida state employees working on the frontlines of the COVID-19 pandemic will be eligible to receive workers’ compensation coverage under a recent directive from CFO Jimmy Patronis. In a March 30 order, Patronis directed the Division of Risk Management to …