Florida CFO Jimmy Patronis News

Florida Fraud Strike Team Arrests Unlicensed Contractor in Panhandle

An unlicensed contractor operating in the Florida Panhandle has been arrested by the Florida Disaster Fraud Action Strike Force (DFAST) for allegedly conducting roofing repairs following Hurricane Michael, according to a statement from Chief Financial Officer (CFO) Jimmy Patronis. Ashley …

Florida Extends Continuing Education Deadline for Insurance Professionals

Licensed insurance professionals working in the Florida Panhandle have been granted an extension of continuing education deadlines in an effort to help accelerate Hurricane Michael recovery efforts in the region, according to a statement from Chief Financial Officer Jimmy Patronis. …

Florida Principal Arrested in $16K Hurricane Irma Insurance Fraud Attempt

An elementary school principal in Jacksonville, Fla., has been arrested in an alleged attempt to commit more than $16,000 in insurance fraud related to Hurricane Irma, according to a statement from Florida CFO Jimmy Patronis, who leads the state’s Department …

Florida CFO: Insurers Must Step Up Response to Hurricane Michael Claims

Citing a “troubling” number of Hurricane Michael-related consumer complaints and claims denials, Florida’s top financial regulator is urging insurers to respond more quickly and adequately to consumers recovering from the major storm that devastated the Florida Panhandle in October. Florida …

Regulators, Industry Seek to Keep Florida AOB Abuse In Check After Michael

In an effort to keep the Florida assignment of benefits (AOB) crisis from further worsening in the state, Florida’s insurance industry, regulators and consumer advocates are on high alert for AOB activity in the wake of Hurricane Michael and working …

Florida Insurance Chief Warns of AOB Scams as Storm Gordon Lingers Over Gulf Coast

Florida’s top insurance regulator has issued a warning to residents facing damage from Tropical Storm Gordon, the first major storm to impact the state in the 2018 Hurricane Season. Florida Insurance Commissioner David Altmaier, an outspoken critic of ongoing assignment …

CFO: Florida Workers’ Comp Carriers to Save $20M in Costs Next Year

Cost savings in two Florida funds paid into by workers’ compensation carriers are expected to equal a nearly $20 million reduction in expenses for insurers operating in the state next year, according to a statement from the Florida Department of …

Citizens to Implement New Lobbyist Registration System Aug. 1

Citizens Property Insurance Corp., the Florida state-run insurer of last resort, has devised a new policy requiring lobbyists seeking to lobby the insurer to register via a new online registration system. The new corporate policy comes in response to a …

Update: Florida CFO Wants Lobbyist Registration Requirement for Citizens

Editor’s Note: This story has been updated from a previous version with comment from the CFO’s office. Florida Chief Financial Officer Jimmy Patronis wants to see requirements put in place for those lobbying the state-run insurer of last resort, Citizens …

Florida CFO Releases List of Top 10 Most Wanted Insurance Fraudsters

Florida Chief Financial Officer Jimmy Patronis has released a top 10 list of most wanted insurance fraud criminals and called on local communities to help with finding the individuals. According to a statement from the Florida Department of Financial Services, …