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Florida's Division of Insurance Fraud continues to lead the fight against insurance fraud under the leadership of Colonel John Askins. During Fiscal year 2008/2009, investigative efforts by The Division of Insurance Fraud resulted in 982 cases presented for prosecution, 834 arrests, and 532 convictions. Also during Fiscal Year 2008/2009, The ...
Realtor.com reports that HOA dues are more common for condos, with HOA fees levied on 83.8% of condos for sale in 2024 compared to 33.6% of single-family homes. HOA fees on condos are also higher ...
Two Miami-Dade State Attorney’s Office employees have been demoted after supervisors discovered a backlog of 700-plus fraud complaints stretching back years. The result: Hundreds of cases cannot ...
A 2021 analysis by then-Florida Insurance Commissioner David Altmaier found that Florida made up 8% of the nation’s homeowners’ claims in 2019, but 76% of its lawsuits.
Florida Department of Financial Services (FLDFS) is a state agency of Florida.Its headquarters are in Tallahassee. [1] In 2002 the Florida Legislature merged the Department of Insurance, Treasury and State Fire Marshal and the Department of Banking and Finance into one department, the Florida Department of Financial Services.
National Heritage Life Insurance Company (NHLC) was an insurance company based in Orlando, Florida.It collapsed as a result of a fraud scheme, and was liquidated in 1995. [1] [2] [3] It is believed to have been the largest insurance company failure caused by criminal acts in U.S. history, resulting in $450 million of losses.
The Insurance Information Institute (III), an industry group, reports that 80 percent of the nation's homeowners insurance lawsuits are in Florida, despite only 9 percent of the nation's insurance ...
A spokesman for Lindberg asserted that Lindberg appreciated that Goodwin was a "business-minded insurance commissioner" and that his donations were unrelated to the insurance department's handling of Lindberg's businesses during Goodwin's tenure. [5] Goodwin lost reelection in 2016 and thereafter briefly worked as a consultant for Lindberg. [15]