Florida News

Additional Arrests in Florida Workers’ Comp Fraud Check Cashing Scheme

Florida Chief Financial Officer Jeff Atwater announced the arrest of Nassar Faraj Hasan, 27, owner of a Tampa money service business, as part of a continuing enforcement effort known as “Operation Dirty Money.” Hasan allegedly failed to appropriately document multiple …

Sinkhole ‘Structural Damage’ Definition Sliding in Insurers’ Favor

An ongoing debate in sinkhole claims and litigation is whether the legislature intended for Florida insurers to provide coverage for sinkhole activity that causes aesthetic damage only. In 2005, the legislature enacted Section 627.706, requiring that insurers provide coverage for …

SDII Global Appoints David Howard CEO

Tampa, Fla.-based SDII Global Corporation, a 24-year old forensic engineering firm servicing the Southeastern and Northeastern United States, named David M. Howard as chief executive officer effective October 8, 2013. Howard brings over 25 years of leadership and insurance experience …

Florida County Affected by Flood Insurance Hikes

Hillsborough County doesn’t have a single house on the Gulf of Mexico and only about 2,000 that directly front a bay. Nonetheless, there are thousands of other single-family homes – modest bungalows as well as million-dollar mansions – that could …

Florida Governor Challenges President to See Damaged Area

Florida Gov. Rick Scott – who has spent months sniping at President Barack Obama on everything from health care to federal budget cuts – challenged President Barack Obama to tour parts of the state that are being damaged by water …

Florida Legislators Look Into Questionable Insurance Deal

The head of Florida’s largest property insurer defended on Tuesday a controversial deal to pay millions to a startup insurance company that made campaign donations to Gov. Rick Scott. But Barry Gilway, president and CEO of Citizens Property Insurance Corp, …

200,000 Policyholders May Move From Florida Insurer

Florida’s largest insurer could be shifting thousands more of its policyholders away from the state-created company and into private insurance companies. The head of Citizens Property Insurance Corp. announced Friday that as many as 200,000 customers from across the state …

Florida Wildlife Commission Urges Safety While Tubing

Tubing can be a dangerous water sport that leads to accidents on the water, the Florida Fish and Wildlife Conservation Commission said Tuesday in a message to boaters to be safe while towing passengers on the inflatable tubes. The popular …

Former Allstate Employee Convicted in Florida Insurance Scam

Yarden Lee Bracero, 39, a former Allstate employee in Jacksonville was convicted for diverting claims payments for her own personal use, according to an announcement by Florida Chief Financial Officer Jeff Atwater. Bracero pled guilty to one count of scheme …

Florida’s Citizens Announces Staff Changes to Enhance Risk Oversight

Citizens Property Insurance Corporation on Friday announced it has filled a pair of key positions to enhance its financial and risk oversight capabilities as the state-created insurer continues the process of streamlining operations and reducing exposure. On Friday, Citizens President, …