Florida Department of Financial Services News

Florida Restoration Contractor Arrested Over $140K AOB Fraud Scheme

A restoration contractor company owner has been arrested over an alleged assignment of benefits (AOB) fraud scheme that impacted 19 homeowners in eight Florida counties and one Texas county, according to a statement from Florida Chief Financial Officer (CFO) Jimmy …

More Than $8.4M Recovered for Florida Insurance Consumers After Hurricane Irma

The Florida Division of Consumer Services helped recover nearly $23.4 million for Florida consumers since last summer, with $8.4 million of those dollars directly related to Hurricane Irma, according to a statement from Florida’s Chief Financial Officer Jimmy Patronis. Since …

Florida Department of Financial Services Names Alexopoulos Farrar Communications Director

Anna Alexopoulos Farrar will join the Department of Financial Services (DFS) as Communications Director, according to a statement by Chief Financial Officer Jimmy Patronis. In this capacity, she will oversee the communications strategy for the department. Alexopoulos Farrar has more …

Boyd Promoted to Florida Deputy Chief Financial Officer

The Department of Financial Services’ long-time Legislative Affairs Director Elizabeth Boyd has been promoted to Deputy Chief Financial Officer, according to a statement from Chief Financial Officer Jimmy Patronis. In this new role, Boyd will oversee the Department’s legislative affairs, …

Florida CFO: Consumer Helpline Recovered $16.6M During First Half of 2017

Assistance provided by insurance experts working Florida’s Insurance Consumer Helpline led to the recovery of more than $16.6 million during the first half of 2017, according to a statement by Chief Financial Officer Jimmy Patronis. Helpline experts answered more than …

Florida Man Arrested After Torching Business Complex for Insurance Money

The owner of a business complex in Tallahassee, Fla., was arrested by arson investigators from the Florida Department of Financial Services on charges of arson and insurance fraud, according to CFO and State Fire Marshal Jeff Atwater. Victor Herrera, owner …

Florida CFO: $8M Recovered in Q1 Through Insurance Consumer Helpline

Insurance specialists working to assist Floridians through Florida’s insurance consumer helpline recovered nearly $8.1 million in the first quarter of 2017, according to a statement from Florida’s Chief Financial Officer Jeff Atwater. Recoveries included insurance claim payments and premium refunds …

14 Arrested in Miami Assisted Living Facility Insurance Fraud Scheme

A year-long investigation led by insurance fraud investigators with the Florida Department of Financial Services has ended with 14 arrests of assisted living facility owners in the Miami area, according to a statement by Chief Financial Officer Jeff Atwater. According …

Florida Construction Company Owner Nabbed in Workers’ Comp Fraud Scheme

The owner of a construction company in Naples, Fla., was arrested this month for an alleged workers’ comp scheme, according to an announcement from Florida Chief Financial Officer Jeff Atwater. Raimundo Hernandez-Argueta, owner of Naples construction company Complete Framing Professionals …

Florida Business Owner Arrested for $300K Workers’ Comp Scheme

An owner of a construction company in Orlando, Florida. is being charged with workers’ compensation premium fraud and engaging in an organized scheme to defraud, according to a statement from the Florida Department of Financial Services. Chief Financial Officer Jeff …