CFO Jeff Atwater News

Florida Fraud Case to be Featured on A&E Series

The Florida Division of Insurance Fraud will be featured on tonight’s episode of A&E’s newest series, American Takedown, at 10pm EST. According to producers, American Takedown goes behind the scenes of America’s biggest criminal cases. The episode follows the breakdown …

Florida Arrests 9 Individuals Suspected of PIP Fraud in Miami

Florida’s Chief Financial Officer Jeff Atwater announced nine arrests were made last month for personal injury protection (PIP) fraud in Miami. Charged in eight separate cases involving seven staged accidents, the individuals were arrested and charged for their involvement in …

Labor Advocates Question Florida Immigrant Workers’ Comp Arrests

Florida Chief Financial Officer Jeff Atwater touted the arrests of more than 100 immigrant agriculture workers last July as an effort to crack down on the costly problem of workers’ compensation fraud. But it quickly became apparent the raid on …

Florida to Report on Effect of Reinsurance Savings on Homeowners’ Rates

Florida Chief Financial Officer Jeff Atwater wants to know why home insurers are not passing along to insureds apparent savings they are realizing on reinsurance. The state’s insurance regulator says he will let Atwater know next month. Atwater sent a …

Florida Agent Charged with Forging Forms for Mitigation Credits

Florida Chief Financial Officer Jeff Atwater announced the arrest of Leon Mobley, 45, a licensed insurance agent in Wellington, for allegedly submitting false and forged wind mitigation verification inspection forms on behalf of clients to obtain discounted homeowners premiums. Atwater …

Florida Regulator McCarty Answers CFO Over Reinsurance Costs

Florida’s insurance regulator, in response to questions why lower reinsurance costs have not translated into reduced homeowners rates, said insurers have significant leeway in how they incorporate those costs into rates and any changes can take a significant amount of …

Florida CFO: Why Aren’t Florida Property Rates Falling Along with Reinsurance?

Florida’s top financial officer is questioning regulators on why reports of significantly lower reinsurance costs worldwide are not translating into reduced premiums for homeowners around the state. Chief Financial Officer Jeff Atwater in a letter this week to Insurance Commissioner …

Florida Gov. Scott, CFO Atwater Were Told About Heritage Deal with Citizens

Florida Gov. Rick Scott — and other top state officials — quickly distanced themselves last month from a controversial deal approved by Citizens Property Insurance Corp. to shift thousands of homeowner policies to a start-up insurance company. But emails show …

Florida Arrests 15 in Alleged Food Truck Insurance Scam

Florida officials said they have busted an alleged $800,000 insurance claims scam in which food trucks were used to stage accidents. Florida Chief Financial Officer Jeff Atwater announced the outcome of a two-year insurance fraud investigation resulting in the arrests …

Florida Businessman Charged with Workers’ Compensation Fraud

Florida officials have charged a Duval County man with allegedly creating a fake company and fake name as part of a workers’ compensation fraud scheme. Florida CFO Jeff Atwater announced the arrest of David Rodriguez-Socarras, who officials allege used a …