Florida Department of Financial Services - Press Releases

Florida CFO Jeff Atwater Announces Arrest of Miramar Man for Staged Auto Accidents Resulting in $200,000 in Fake Insurance Claims

Fri, 03 Feb 2012 22:16:33 GMT

Florida Chief Financial Officer Jeff Atwater announced today the arrest of Yasser Vega-Martinez, 34, of Miramar for planning and orchestrating three staged auto accidents over a seven-month period. The staged crashes resulted in over $200,000 in fraudulent insurance claims.

Florida CFO Jeff Atwater Announces Arrest of ‘Straw Owner,’ Clinic Operator for Violating Clinic Law, Filing Fraudulent PIP Claims

Fri, 03 Feb 2012 21:04:38 GMT

Florida Chief Financial Officer Jeff Atwater announced today that charges have been filed against an Orlando chiropractor and two clinic operators for allegedly conspiring to create a “straw” ownership arrangement to thwart Florida’s clinic licensing laws.

Chief Financial Officer Jeff Atwater Regarding Settlement with Prudential Insurance Company to Return Unclaimed Dollars to Floridians

Thu, 02 Feb 2012 21:27:45 GMT

Florida Chief Financial Officer Jeff Atwater today released the following statement regarding Florida’s settlement with Prudential Insurance Company of America and its affiliates, which will allow the Department of Financial Services to recover unclaimed insurance benefits owed to Floridians.

Florida CFO Jeff Atwater Announces Arrest of Miami Clinic Owner for Filing Fraudulent PIP Claims

Wed, 01 Feb 2012 14:34:01 GMT

Florida Chief Financial Officer Jeff Atwater announced today the arrest of a Miami clinic owner for submitting fraudulent Personal Injury Protection (PIP) claims from his unlicensed clinic.

Statement from Chief Financial Officer Jeff Atwater Regarding the Religious Freedom Restoration Act of 2012 proposed by U.S. Senator Marco Rubio

Tue, 31 Jan 2012 22:10:54 GMT

Florida Chief Financial Officer Jeff Atwater today released the following statement in support of U.S. Senator Marco Rubio’s proposed bill entitled the Religious Freedom Restoration Act of 2012 which would protect church-affiliated organizations from being mandated to provide services that violate their religious beliefs.

CFO Jeff Atwater and Attorney General Pam Bondi Announce Meeting of the Medicaid and Public Assistance Fraud Strike Force

Tue, 31 Jan 2012 13:31:29 GMT

WHO: Medicaid and Public Assistance Fraud Strike Force
WHAT: Meeting of the Medicaid and Public Assistance Fraud Strike Force
WHEN: Thursday, Feb. 2, 2012, 1 p.m.-5 p.m.
WHERE: Cabinet Meeting Room LL-03, The Capitol, Tallahassee, FL

Statement from Chief Financial Officer Jeff Atwater on the Hiring of SBA Inspector General

Mon, 30 Jan 2012 17:32:09 GMT

Chief Financial Officer Jeff Atwater today released the following statement regarding the appointment of Kenneth A. Chambers as the inspector general at the State Board of Administration (SBA).

Chief Financial Officer Jeff Atwater Kicks-Off Everglades Summit

Tue, 17 Jan 2012 21:07:03 GMT

Chief Financial Officer Jeff Atwater spoke to nearly 300 fellow Floridians to kick-off the Everglades Water Supply Summit in Tallahassee. The two-day summit, hosted by the Everglades Foundation, is the first of its kind in Tallahassee to link policymakers with experts in Everglades restoration.

CFO Jeff Atwater Sponsors Resolution Recognizing National Thrift Week

Tue, 17 Jan 2012 21:02:00 GMT

Florida Chief Financial Officer Jeff Atwater has sponsored a resolution recognizing Jan. 17 - 23, 2012, as “Florida Thrift Week,” encouraging all Floridians to learn and implement the values of thrift and saving as steps toward long-term financial success.

Chief Financial Officer and State Fire Marshal Jeff Atwater Mourns the Loss of Pompano Beach Firefighter

Sat, 07 Jan 2012 19:52:41 GMT

Chief Financial Officer and State Fire Marshal Jeff Atwater released the following statement regarding Pompano Beach Fire-Rescue Firefighter William Elliott who died in the line of duty on Friday.

CFO and State Fire Marshal Jeff Atwater Announces the Arrest of Arsonist in Pensacola Clinic Fire

Thu, 05 Jan 2012 17:36:11 GMT

Florida Chief Financial Officer and State Fire Marshal Jeff Atwater today announced the arrest of Bobby Joe Rogers of Tuscaloosa, Alabama, after a joint investigation involving the Division of State Fire Marshal’s Bureau of Fire and Arson Investigations (BFAI) and other members of the Joint Terrorism Task Force (JTTF). The investigation determined that Rogers set fire to a clinic, causing approximately $300,000 in damage.

CFO Atwater Offers Free Webinars to Help Small Businesses Write a Winning Business Plan

Thu, 08 Dec 2011 21:02:58 GMT

Florida Chief Financial Officer Jeff Atwater’s Division of Consumer Services will offer free webinars to support Florida’s small businesses. The webinars, entitled “How to Write a Winning Business Plan,” will be offered Dec. 12-15, through CFO Atwater’s new Your Money Matter$ Web site.

Statement from Chief Financial Officer Jeff Atwater Regarding Findings from External Review of SBA Compliance Protocols

Wed, 07 Dec 2011 13:31:12 GMT

Florida Chief Financial Officer Jeff Atwater yesterday released the following statement regarding the findings from the external review of the State Board of Administration’s (SBA) compliance protocols. In May, CFO Atwater called for a review of all compliance protocols at the SBA to be conducted by an external review team. Crowe Horwath, LLP, performed the review and presented the findings yesterday at the SBA Quarterly Meeting.

CFO Jeff Atwater Appoints Law Enforcement Veteran to Lead the Division of Insurance Fraud

Mon, 05 Dec 2011 19:07:39 GMT

Chief Financial Officer Jeff Atwater today announced the appointment of law enforcement veteran and crime fighter Daniel S. Anderson as the new Director of the Division of Insurance Fraud (DIF). Anderson, a 25-year veteran of the Drug Enforcement Administration with extensive experience in global criminal investigations and law enforcement coalition building, will be on the job next month.

CFO Jeff Atwater Announces Conviction of North Carolina Man in $2.7 Million Workers’ Compensation Insurance Scam

Tue, 29 Nov 2011 14:06:36 GMT

Florida Chief Financial Officer Jeff Atwater announced today the conviction of a North Carolina man in a $2.7 million workers’ compensation insurance scam. Carl Delmas Fuller, 53, of Wake Forest, N.C., pleaded guilty to one count of mail fraud, received four years in prison, and was ordered to pay restitution of more than $3.1 million for scamming a Highlands County employment services company with a fake workers’ compensation insurance policy.

CFO Atwater Announces Legislative Agenda to Increase Transparency, Protect Consumers, Fight Fraud and Reduce Regulatory Burdens

Mon, 21 Nov 2011 15:21:11 GMT

Florida Chief Financial Officer Jeff Atwater today announced that his legislative agenda for the 2012 Legislative Session will focus on four core themes: transparency in contracts and government spending; protecting consumers; fighting fraud that is increasing the cost of living for Florida’s families and reducing regulatory burdens on Florida’s businesses.

Statement from Chief Financial Officer Jeff Atwater Regarding Passing the Repeal of the Three Percent Withholding Requirement

Thu, 17 Nov 2011 20:26:02 GMT

Florida Chief Financial Officer Jeff Atwater today released the following statement regarding the U.S. House of Representatives passing of HR 674 to repeal the three percent withholding requirement. The repeal bill has now passed both chambers of Congress and is on its way to the president’s desk to be signed into law.

CFO Jeff Atwater Helps Lead Fight to Combat Fraud Against Military Personnel

Wed, 16 Nov 2011 22:03:30 GMT

Fighting back for those who fight for us, Florida Chief Financial Officer Jeff Atwater today participated in a roundtable with national and state leaders on military and veterans issues, including Holly Petraeus, Director of the Office of Servicemember Affairs, to find ways to combat fraud targeted against military personnel.

Chief Financial Officer Jeff Atwater’s Department of Financial Services Named Florida’s Agency of the Year

Wed, 16 Nov 2011 20:27:50 GMT

Florida Chief Financial Officer Jeff Atwater’s Department of Financial Services (DFS) will be recognized by the Department of Management Services’ (DMS) Office of Supplier Diversity (OSD) as the State of Florida’s Agency of the Year for supporting Florida’s minority business community during the past fiscal year.

Advisory: Meeting of the Florida Disability Presumption Task Force

Wed, 16 Nov 2011 16:33:21 GMT

WHO: Florida Disability Presumption Task Force
WHAT: Meeting of the Florida Disability Presumption Task Force
WHEN: Monday, Nov. 28, 9 a.m. to 4 p.m.
WHERE: Florida League of Cities Building, 125 East Colonial Drive, Green Room, 3rd Floor, Orlando, FL 32801 and
Florida League of Cities Building, 301 South Bronough Street, Sittig Hall, 1st Floor, Tallahassee, FL 32301

Florida CFO Jeff Atwater Announces Arrest of Senior Scammer in Annuity Fraud Scheme

Tue, 15 Nov 2011 20:28:22 GMT

Florida Chief Financial Officer Jeff Atwater announced today the arrest of Victor Edwin Ruser, Sr., 59, of Kissimmee, for allegedly scamming nine seniors between the ages of 80 and 94 out of over $650,000 in an annuity fraud scheme. Ruser was charged with multiple felony counts including exploitation of the elderly, grand theft and perpetrating a scheme to defraud.

Gov. Rick Scott and CFO Jeff Atwater Call for PIP Auto Insurance Reform

Tue, 15 Nov 2011 18:48:27 GMT

Today, Governor Rick Scott, Chief Financial Officer Jeff Atwater and legislative leaders identified four issues that must be addressed in order to rein in Personal Injury Protection (PIP) auto insurance fraud and reduce insurance rates for Florida consumers.

Florida CFO Jeff Atwater Announces Seven Insurance Fraud Arrests in Orlando and Miami

Fri, 04 Nov 2011 16:00:13 GMT

Florida Chief Financial Officer Jeff Atwater announced today the arrests of five insurance fraud suspects for their involvement in a staged accident scheme in Orlando. Lufaite Olizia, 40, and Tracey McFarlane, 40, were charged with insurance fraud, patient brokering and intentionally staging a motor vehicle crash. Pierre Antoine Joseph, 41, Madeline Emile, 28, and Yolando Denise Roberts, 39, were also arrested for participating in the staged accident as passengers and subsequently filing fraudulent medical claims.

Florida CFO Jeff Atwater Announces Arrests of Four Miami Fraudsters in Staged Accident Scheme

Mon, 31 Oct 2011 16:34:18 GMT

Florida CFO Jeff Atwater announced today the arrests of four suspects in Miami for insurance fraud and faking an auto accident. Roberto Martinez, 27, Yesenia Toscano, 21, both of Hialeah Gardens, and Rafael Javier Arroyo, 19, of Hialeah were charged with multiple counts including insurance fraud, grand theft and staging an auto accident. Concepcion Olmos Valls, 53, of Miami was charged with staging an auto accident.

Florida CFO Jeff Atwater Announces Arrests of Five Suspects in Miami Staged Accident Scheme

Tue, 25 Oct 2011 16:28:37 GMT

Florida CFO Jeff Atwater announced today the arrests of five individuals involved in a staged accident scheme in Miami. Mario J. Chavez, 53, Robin Nelson Campanioni, Jr., 23, Jorge J. Mota, 27, Naima Basnueva Lastre, 24, all of Miami, and Eduardo Figueredo, 44, of Miami Springs were charged with insurance fraud, grand theft and staging an auto accident.

Chief Financial Officer Jeff Atwater’s letter to legislative leaders regarding efforts to foster greater accountability and transparency in government spending

Wed, 19 Oct 2011 19:24:58 GMT

Please see the attached letter from Chief Financial Officer Jeff Atwater to legislative leaders regarding the status of his transparency initiatives and the implementation of legislation passed during the 2011 Legislative Session to increase transparency and accountability in government spending.

CFO Jeff Atwater Offers Free Workshop for Women’s Small Business Month

Tue, 18 Oct 2011 13:08:25 GMT

Florida Chief Financial Officer Jeff Atwater’s Department of Financial Services in partnership with state Senator Gwen Margolis (D-Miami) will hold a free Women’s Small Business Workshop in Ft. Lauderdale on Friday, Oct. 14 as part of Women’s Small Business Month.

CFO Atwater’s Department Recovers More Than $17 Million for Florida Consumers

Thu, 13 Oct 2011 13:20:39 GMT

Florida Chief Financial Officer Jeff Atwater announced today that the Department of Financial Services has taken part in the recovery of more than $17 million so far in 2011. Recoveries include claim payments, premium refunds and restitution for Florida consumers.

CFO and State Fire Marshal Jeff Atwater Recognizes Fire Prevention Week

Wed, 12 Oct 2011 17:39:08 GMT

Florida Chief Financial Officer and State Fire Marshal Jeff Atwater sponsored a resolution this week recognizing Oct. 9 through Oct. 15 as Fire Prevention Week. Out of nearly 60,400 fires reported in Florida last year, more than 59,000 were fires that could have been prevented. Just last year, 40 Floridians died in accidental fires.

Florida CFO Atwater, Tampa Bay Buccaneers’ Freeman and Visa Inc. Collaborate to Launch Statewide Rollout of Financial Football

Tue, 11 Oct 2011 15:45:56 GMT

Tackling the problem of financial illiteracy among Florida teenagers head-on, Florida Chief Financial Officer (CFO) Jeff Atwater, Tampa Bay Buccaneers’ Quarterback Josh Freeman and Visa Inc. today announced the statewide rollout of an effort to improve the money management skills of high school and middle school students. This educational video game and classroom curriculum called Financial Football is free of charge and was developed by Visa Inc.

CFO Jeff Atwater Offers Free Workshop for Women’s Small Business Month

Tue, 11 Oct 2011 14:23:09 GMT

Florida CFO Jeff Atwater Announces Arrest of Jacksonville Man for Grand Theft

Fri, 07 Oct 2011 16:53:24 GMT

Florida CFO Jeff Atwater announced today the arrest of a Jacksonville business man for selling a surety bond without a license and pocketing the premiums. Larry James Wright, 58, director of The Underwriters Group, Inc., allegedly sold a “bid bond” to a Massachusetts construction company without a valid license and kept the premiums.

Fallen Firefighters To Be Honored at the Annual Florida Fallen Firefighter Memorial Service in Ocala

Wed, 05 Oct 2011 15:27:57 GMT

Florida Chief Financial Officer and State Fire Marshal Jeff Atwater and the Joint Council of Fire and Emergency Service Organizations will host the annual Florida Fallen Firefighter Memorial Service on Friday, Oct. 7, at the Florida State Fire College in Ocala. Seven Florida firefighters who have given their lives in the line of duty will be honored during this year’s service.

Florida CFO Jeff Atwater, Tampa Bay Buccaneers’ Josh Freeman and Visa Inc. Collaborate to Launch Statewide Rollout of the Reinvented Financial Football

Wed, 05 Oct 2011 14:38:27 GMT

On Tuesday, October 11, 2011, at 10 a.m., Florida Chief Financial Officer (CFO) Jeff Atwater Tampa Bay Buccaneers’ Quarterback Josh Freeman and Visa Inc. will be at Northeast High School in St. Petersburg for the Florida statewide launch of a reinvented educational video game and classroom curriculum called Financial Football, in conjunction with CFO Atwater’s new Your Money Matter$ financial education initiative.

Florida CFO Atwater Announces Arrests of Charlotte County Insurance Professionals for Selling Bogus Insurance

Tue, 04 Oct 2011 16:49:46 GMT

Florida Chief Financial Officer Jeff Atwater announced today the arrests of a Charlotte County insurance agency owner and customer representative for selling unauthorized insurance products. Jack C. Alexander, Sr., 60, and Kristin R. Decker-Hopkins, 26, of Insurance Depot of Charlotte County were charged with representing an unauthorized insurer after selling more than 20 individuals unauthorized boat insurance policies.

Statement from Chief Financial Officer Jeff Atwater Regarding the Passing of Former Florida Governor Claude Kirk, Jr.

Wed, 28 Sep 2011 21:23:31 GMT

Florida Chief Financial Officer Jeff Atwater today released the following statement regarding the passing of former Florida Governor Claude Kirk, Jr.

CFO Atwater Announces Unclaimed Property Auction Raises More Than $1 Million

Tue, 20 Sep 2011 13:17:23 GMT

Florida Chief Financial Officer Jeff Atwater today announced the 2011 Unclaimed Property Auction held on Saturday in Ponte Vedra Beach was the third highest-grossing auction in the 50-year history of Florida’s unclaimed property program, drawing about 350 attendees, including 205 bidders, and raising $1.09 million for Florida’s public schools.

Florida State Fire Marshal Jeff Atwater Announces 6th Annual Volunteer Firefighter Training Weekend

Tue, 13 Sep 2011 14:08:46 GMT

More than 250 volunteer firefighters from throughout Florida will participate in five days of concentrated training this weekend provided at no cost to the firefighters. The 6th annual event will be held September 14-18, 2011, at the Northwest Florida State College in Niceville.

CFO Atwater Announces State Unclaimed Property Auction

Fri, 09 Sep 2011 19:40:42 GMT

Florida Chief Financial Officer Jeff Atwater today announced that Florida will hold the annual unclaimed property auction on Saturday, Sept. 17, in Ponte Vedra Beach at the Sawgrass Marriott Golf Resort & Spa. The auction, which is open to the public, will feature more than 37,000 individual items, including jewelry, watches and rare coins, with a minimum reserve value in excess of $327,000.

CFO Jeff Atwater and Attorney General Pam Bondi Announce Meeting of the Medicaid and Public Assistance Fraud Strike Force in Miami

Fri, 09 Sep 2011 19:36:47 GMT

WHO: Medicaid and Public Assistance Fraud Strike Force
WHAT: Meeting of the Medicaid and Public Assistance Fraud Strike Force
WHEN: Tuesday, Sept. 14, 10 a.m.
WHERE: Office of the State Attorney, 1350 N.W. 12th Ave., Miami FL 33136-2111

Chief Financial Officer Jeff Atwater Appoints Carlos Lacasa as New Chairman of Citizens Board of Governors

Wed, 07 Sep 2011 17:17:48 GMT

TALLAHASSEE—Florida Chief Financial Officer Jeff Atwater announced today the appointment of Carlos Lacasa as the Chairman of the Board of Governors for Citizens Property Insurance Corporation. Lacasa, from Miami, is a former state representative and has more than 20 years of experience as an attorney with expertise in the insurance industry.

Meeting of the Money Services Business Workers’ Comp Fraud Work Group

Tue, 06 Sep 2011 17:23:15 GMT

WHO: Money Services Business Workers’ Comp Fraud Work Group
WHAT: Meeting of the Money Services Business Workers’ Comp Fraud Work Group
WHEN: Thursday, Sept. 8, 2 to 5 p.m.
WHERE: Room B-33, Larson Building, 200 East Gaines St., Tallahassee, Fla. 32399

CFO Atwater’s Fraud Team Busts Accident Clinic Operator For Filing Claims on Behalf of a Dead Doctor

Fri, 26 Aug 2011 20:06:13 GMT

Florida Chief Financial Officer Jeff Atwater today announced the Division of Insurance Fraud on Wednesday arrested Hialeah accident clinic operator Daysi Puigros on more than 30 felony counts stemming from allegations that she filed more than $200,000 in fraudulent Personal Injury Protection (PIP) claims using the name of a deceased doctor.

Former DCF Employee Arrested in Welfare Scam

Fri, 26 Aug 2011 16:13:01 GMT

Release from the office of Katherine Fernandez Rundle, State Attorney, Eleventh Judicial Circuit, In and For Miami-Dade County

Miami-Dade State Attorney Katherine Fernandez Rundle announces that as a result of a 2 year joint investigation undertaken by the Miami-Dade State Attorney’s Office and Florida Chief Financial Officer Jeff Atwater’s Division of Public Assistance Fraud, former Department of Children and Families (DCF) employee Meera Khan has been arrested and charged with a lengthy list of crimes.

CFO Atwater Announces Arrest of Tampa Man in an Accident Clinic Money Structuring Scheme

Thu, 25 Aug 2011 16:10:58 GMT

Florida Chief Financial Officer Jeff Atwater announced today the arrest of Hillsborough County resident, Juan C. Borras, 55, an employee of American Best Clinic, LLC, on charges of intentionally structuring large cash withdrawals to avoid reporting or registration required by Florida law. This tactic has been linked as a common practice for automobile accident clinics suspected of Personal Injury Protection (PIP) fraud.

CFO Jeff Atwater Announces First Meeting of the Money Service Business Workers’ Comp Fraud Work Group

Wed, 24 Aug 2011 14:17:12 GMT

WHO: Money Service Business Workers’ Comp Fraud Work Group
WHAT: First meeting of the Money Service Business Workers’ Comp Fraud Work Group
WHEN: Thursday, Aug. 25, 2 to 5 p.m.
WHERE: Room 233, Fletcher Building, Tallahassee, Fla. 32399

CFO Jeff Atwater Names Citizens Board Appointees

Tue, 16 Aug 2011 18:13:37 GMT

Florida Chief Financial Officer Jeff Atwater today announced the appointments of Nancy Baily and Rob Wallace to the Board of Governors for Citizens Property Insurance Corporation.

CFO Jeff Atwater Announces Arrest of Central Florida Contractor in Sinkhole Repair Billing Scam

Tue, 16 Aug 2011 17:22:50 GMT

Florida Chief Financial Officer Jeff Atwater today announced the arrest of an Oviedo business owner for overbilling State Farm Insurance Company for fraudulent sinkhole claim repairs. Michael Hodge, owner of A&M Contracting Company, is charged with multiple counts of racketeering and insurance fraud involving billings of materials he never used to repair properties in Orange, Seminole and Volusia counties.

CFO Jeff Atwater Calls for Review of Check Cashing Services Aiding in Workers’ Comp Fraud

Wed, 03 Aug 2011 12:53:55 GMT

At a Cabinet meeting today, Florida Chief Financial Officer Jeff Atwater announced the creation of a working group to review the practices of certain bad actors in the check cashing services industry aiding in workers’ compensation premium fraud, which is putting pressure on rates and crippling the business community. The working group will include representatives from the CFO’s Division of Insurance Fraud as well as the Office of Financial Regulation, the Attorney General’s Office, and the construction and money services industries.

CFO Jeff Atwater Appoints Watchdog to Serve as Florida’s Insurance Consumer Advocate

Wed, 20 Jul 2011 18:04:07 GMT

Chief Financial Officer Jeff Atwater today announced the appointment of attorney and insurance watchdog Robin Westcott to serve as Florida’s Insurance Consumer Advocate. CFO Atwater signaled that Westcott’s vast insurance knowledge as well as her career-long experience safeguarding Florida’s consumers will be a tremendous asset to the insurance-buying public.

CFO Atwater’s Department Recovers Nearly $12 Million in First Half of 2011 for Florida Consumers

Mon, 18 Jul 2011 17:28:20 GMT

Florida Chief Financial Officer Jeff Atwater announced today that the Department of Financial Services’ Division of Consumer Services and Division of Agent and Agency Services have helped recover nearly $12 million in claim payments, premium refunds, restitution and recoveries this year for Florida consumers.

Florida Treasury Investment Pool Receives Rating Upgrade from Standard & Poor’s

Fri, 15 Jul 2011 14:56:17 GMT

The Florida Treasury Investment Pool received a rating upgrade from the globally recognized Standard & Poor’s Ratings Services, continuing its record of strong ratings for both credit quality and volatility. Standard and Poor’s upgraded the Florida Treasury Investment Pool’s credit quality rating from an ‘Af’ to an ‘A+f’ and affirmed the pool’s ‘S2’ volatility rating. The ratings were released yesterday.

CFO Atwater’s Division of Insurance Fraud Makes Two Arrests for Staged Accidents in Tampa

Wed, 13 Jul 2011 17:31:25 GMT

Florida Chief Financial Officer Jeff Atwater today announced the arrest of two people who engaged in insurance fraud by staging an accident, claiming injury and billing an insurance company for procedures they did not receive. Suspects Floribel Figueroa Quiles and Lazaro Hernandez Cabrales were arrested following an investigation of complaints filed with the Division of Insurance Fraud by Assurance America.

CFO Atwater Announces Conviction of Tampa-Area Senior Scammer Following Department Sting Operation

Fri, 08 Jul 2011 19:49:07 GMT

Florida Chief Financial Officer Jeff Atwater announced today the conviction of Randolph Kahl-Winter, a previously convicted senior scammer, who will finally have to serve time behind bars. The conviction stems from a Department of Financial Services Division of Insurance Fraud sting operation in December 2009. A vigilant Tampa-area senior tipped off fraud investigators and participated in the sting.

CFO Jeff Atwater’s Division of Consumer Services Expands Spanish-Speaking Assistance to Unclaimed Property Helpline

Thu, 07 Jul 2011 17:21:57 GMT

Florida Chief Financial Officer Jeff Atwater announced today that he is expanding the availability of Spanish-speaking staff to the Department of Financial Services’ Unclaimed Property Helpline.

CFO and State Fire Marshal Atwater Reminds Floridians to Celebrate Safely this Fourth of July

Thu, 30 Jun 2011 20:31:00 GMT

Florida Chief Financial Officer and State Fire Marshal Jeff Atwater today urged Floridians to celebrate safely during the upcoming holiday weekend, especially in light of ongoing drought conditions and the loss of two firefighters who were fighting a wildfire in Hamilton County last week, Josh Burch and Brett Fulton.

CFO Jeff Atwater Announces Three Arrests in Tampa Premium Fraud Scam

Mon, 27 Jun 2011 16:47:14 GMT

Florida Chief Financial Officer Jeff Atwater today announced three arrests in a Tampa insurance fraud case involving the theft of thousands of dollars in auto insurance premiums. Suspects Bella Jenkins, Torrance Blake and David Ball, employees of Insurance Plus located in Temple Terrace, surrendered to authorities and were charged with insurance fraud and selling insurance without a license.

CFO Atwater Announces Conviction of Jacksonville Man in Elaborate Workers’ Comp Fraud Scheme, Illegal Check Cashing Operation

Thu, 23 Jun 2011 16:33:27 GMT

Florida Chief Financial Officer Jeff Atwater announced today the conviction of a Jacksonville man in an elaborate workers’ compensation fraud scheme. David Rodriguez Socarras appeared before the Fourth Judicial Circuit Court Monday and pled guilty to five charges, including application fraud and workers’ compensation fraud, for running a “shell company” to pay undocumented workers and avoiding workers’
compensation premiums. Socarras was sentenced to four years in prison and ordered to pay more than $400,000 in restitution.

Florida Chief Financial Officer Jeff Atwater Statement Regarding the Deaths of Two Firefighters in Florida Wildfires

Thu, 23 Jun 2011 14:50:00 GMT

Two Division of Forestry firefighters, Josh Burch and Brett Fulton, lost their lives and two others were injured yesterday while fighting the Blue Ribbon Fire in Hamilton County, one of 1,500 wildfires continuing to burn as a result of a drought that began May 1, 2011.

CFO Atwater Calls for Your Help in Ongoing Search for ‘Most Wanted’ Insurance Fraud Fugitives

Thu, 23 Jun 2011 14:38:32 GMT

Continuing his effort to crack down on insurance fraud, Florida Chief Financial Officer Jeff Atwater is calling for all Floridians to be on the lookout for Florida’s “Most Wanted” insurance fraud suspects. CFO Atwater is asking Floridians to visit his website, www.myfloridacfo.com/pressoffice/mostwanted, to learn more about suspects sought by the CFO’s Division of Insurance Fraud or State Fire Marshal on charges ranging from fraud to arson.

CFO Jeff Atwater Announces Arrest of North Carolina Man in $2.7 Million Workers’ Compensation Insurance Scam

Mon, 13 Jun 2011 17:53:20 GMT

Florida Chief Financial Officer Jeff Atwater announced today the arrest of a North Carolina man in a $2.7 million workers’ compensation insurance scam. Carl Delmas Fuller, of Wake Forest, N.C., was charged Friday with mail and wire fraud for scamming a Highlands County employment services company with a fake workers’ compensation insurance policy.

CFO Atwater Orders Sarasota Travel Agency to Pay Back Floridians for Unauthorized Travel Insurance Claims

Fri, 10 Jun 2011 15:54:46 GMT

Florida CFO Jeff Atwater announced today that the Department of Financial Services has reached an agreement with Sarasota-based Legendary Journeys, a statewide travel agency, to reimburse nearly $90,000 to dozens of Floridians. An investigation conducted by the department determined that Legendary Journeys sold unauthorized travel insurance offered by Prime Travel Protection to Floridians from 2006 to 2008.

CFO Atwater Announces Permanent Ban, Restitution Against Senior Swindler

Tue, 07 Jun 2011 13:15:40 GMT

Florida Chief Financial Officer Jeff Atwater today announced that he has permanently revoked the insurance licenses of John Daniel Mueller, 40, of Sarasota, for an annuity scheme that robbed tens of thousands of dollars from elderly Floridians, following an investigation by the Department of Financial Services’ Division of Agent and Agency Services.

CFO Atwater: Statement Regarding the Signing of HB 7095, the Pill Mill Bill

Fri, 03 Jun 2011 14:16:31 GMT

Florida Chief Financial Officer Jeff Atwater today released the following statement recognizing Governor Rick Scott and Attorney General Pam Bondi for the signing of House Bill 7095, the pill mill bill, and their efforts to combat Florida’s pill mill epidemic.

CFO Jeff Atwater Joins Florida Marlins, Federal Alliance for Safe Homes on the Ball Field to Promote “Protect Your Home Base”

Mon, 23 May 2011 03:19:14 GMT

Florida’s Chief Financial Officer Jeff Atwater joined the Florida Marlins and Federal Alliance for Safe Homes (FLASH) on the field today to announce the “Protect Your Home Base” initiative, encouraging Floridians to prepare and protect their homes and families before the beginning of hurricane season on June 1. This signature event is one of several highlighted in FLASH’s 2011 Great Hurricane Blowout preparedness campaign to raise awareness about strengthening homes and safeguarding families.

CFO Jeff Atwater Announces Arrests in Statewide Crackdown on Identity Theft, Workers’ Compensation Fraud

Fri, 20 May 2011 20:29:11 GMT

As part of a statewide crackdown on identity theft and workers’ compensation fraud, Florida Chief Financial Officer Jeff Atwater announced today the arrests of three Lake Worth men for using stolen social security numbers to fraudulently gain employment. Investigations continue into the possible fraudulent use of the same social security numbers by other individuals across the state.

CFO Jeff Atwater Announces the Arrests of Two Arsonists in Polk County

Fri, 20 May 2011 20:28:10 GMT

Florida Chief Financial Officer and State Fire Marshal Jeff Atwater today announced the arrests of Rodney Michael Lane and John Robert Reid of Frostproof after a joint investigation involving the Division of State Fire Marshal’s Bureau of Fire and Arson Investigations (BFAI) determined the two men set fire to a residence, causing approximately $40,000 in damage, in an attempt to cover up a burglary.

Statement from Florida Chief Financial Officer Jeff Atwater at Public Hearing on Life Insurance Companies' Practices

Thu, 19 May 2011 19:44:19 GMT

Today, the Florida Office of Insurance Regulation conducted a public hearing with Metropolitan Life Insurance Company and Nationwide Life Insurance Company to evaluate a potential industry practice that involves the use of the U.S. Social Security Administration’s Death Master File.

CFO Jeff Atwater Prevails at Fourth District Court of Appeals Against Vero Beach Senior Scammer

Thu, 19 May 2011 13:37:34 GMT

Florida CFO Jeff Atwater today announced that Mitchell Brian Storfer, 50, has been stripped of his insurance licenses for participating in an annuity scheme that generated more than $100,000 in commissions for him and his agency, Seniors Financial International, Inc. of Vero Beach. This follows a yearlong appeal by Storfer to the Fourth District Court of Appeals (DCA) that the Department’s Division of Legal Services successfully fought.

Statement from Florida Chief Financial Officer Jeff Atwater Regarding External Review of the State Board of Administration

Tue, 17 May 2011 18:17:00 GMT

Today, Florida’s Governor, Attorney General and Chief Financial Officer (CFO) unanimously approved an agenda item initiated by CFO Jeff Atwater to conduct an external review of the State Board of Administration’s risk management processes and financial controls.

CFO Atwater Announces Business Roundtables in Recognition of Small Business Week

Tue, 17 May 2011 13:30:29 GMT

In recognition of National Small Business Week, May 16-20, Florida Chief Financial Officer Jeff Atwater announced his office will host a series of summer small business roundtables. CFO Atwater recognizes the critical role small businesses play in Florida’s economy and wants to get direct feedback on how the state can create a more business-friendly environment, including removing regulatory barriers and fostering ideas for helping new and existing businesses grow.

Operation No Pain No Gain

Thu, 12 May 2011 21:34:11 GMT

The Hillsborough County Sheriff’s Office, The National Crime Bureau (NICB), the Hillsborough County Office of the State Attorney and the Florida Department of Financial Services announce the results of a five month investigation involving staged vehicle crashes and insurance fraud in Hillsborough County.

CFO Jeff Atwater Announces Arrests of Winter Haven Massage Clinic Employees in Undercover PIP Fraud Sting

Thu, 12 May 2011 16:23:39 GMT

Florida Chief Financial Officer Jeff Atwater announced today the arrests of four Polk County men for their roles in a Personal Injury Protection (PIP) fraud scheme involving fraudulent medical billings to two insurance companies.

Media Advisory: CFO Jeff Atwater and Attorney General Pam Bondi Announce Meeting of the Medicaid and Public Assistance Fraud Strike Force

Thu, 12 May 2011 14:08:07 GMT

On Monday, May 16, Florida Chief Financial Officer Jeff Atwater, Chair, and Attorney General Pam Bondi, Vice Chair, will hold the second meeting of the Medicaid and Public Assistance Fraud Strike Force. The 11-member Strike Force will receive a briefing on legislation passed this Session that will impact Florida’s Medicaid and public assistance programs, discuss plans for mapping and data-sharing initiatives among agencies, as well as form standing committees to tackle key issues.

CFO Atwater Applauds Legislative Leaders for Passing Legislation to Keep Money in the Pockets of Floridians

Fri, 06 May 2011 21:09:10 GMT

Florida’s Chief Financial Officer Jeff Atwater today commended state policymakers for supporting key legislative initiatives he proposed this Session that will help keep more money in the pockets of Floridians.

Florida CFO Jeff Atwater Sending Help to Alabama

Fri, 06 May 2011 21:03:54 GMT

Florida’s Chief Financial Officer Jeff Atwater announced today that he is deploying a team from the Department of Financial Services to assist residents of Alabama impacted by last week’s tornadoes.

CFO Jeff Atwater Recognizes Arson Awareness Week

Thu, 05 May 2011 17:24:21 GMT

Florida Chief Financial Officer and State Fire Marshal Jeff Atwater is encouraging Floridians to take time to recognize and honor their local firefighters during Arson Awareness Week, which continues through Saturday, May 7.

CFO Atwater Announces Arrests in Orlando PIP Fraud Investigation

Tue, 03 May 2011 18:47:46 GMT

Florida CFO Jeff Atwater today announced the arrests of a clinic manager and employee on fraud and theft charges as a result of allegations that an Orlando clinic manager coerced employees to fraudulently bill Direct General Insurance Company for more than $60,000 in Personal Injury Protection (PIP) claims. Three others are still being sought.

CFO Jeff Atwater Presents Fire Service Awards

Tue, 03 May 2011 13:42:44 GMT

Florida Chief Financial Officer and State Fire Marshal Jeff Atwater this week recognized the Fire Academy of the South, Florida State College in Jacksonville and honored 10 fire and rescue service personnel, including a retiring K-9 for exceptional dedication to fire and rescue services during the past year. CFO Atwater presented each honoree with an individual resolution signed by the Governor and members of the Cabinet at Monday evening’s Fire Service Awards ceremony. The honorees were also recognized jointly at Tuesday’s Cabinet meeting at the Capitol.

CFO Jeff Atwater Announces the Arrest of Mortgage Company Owner in $1.2 Million Scam

Tue, 26 Apr 2011 19:57:47 GMT

Florida CFO Jeff Atwater today announced the arrest of Jose Claudio Pereira, owner of BR Mortgage Group Corporation, on charges of racketeering for his part in fraudulent mortgage transactions in Broward, St. Lucie and Brevard counties.

Florida CFO Jeff Atwater: Statement Regarding Legislative Efforts to Fight Auto Insurance Fraud

Tue, 26 Apr 2011 19:53:57 GMT

Florida Chief Financial Officer Jeff Atwater today released the following statement recognizing Senators Chris Smith (D-Oakland Park), John Thrasher (R-Jacksonville), and Garrett Richter (R-Naples) for their efforts to pass two measures that will help fight automobile insurance fraud—requiring law enforcement officers to list all passengers in an accident and the creation of civil penalties for those convicted of auto insurance fraud, the proceeds of which will be used to fund additional anti-fraud efforts.

CFO Jeff Atwater Announces Arrest of Boca Raton Man for Scamming Senior out of $25,000

Thu, 21 Apr 2011 19:47:25 GMT

Florida CFO Jeff Atwater announced today the arrest of a former Boca Raton insurance agent for scamming a 78-year-old Miami woman out of $25,000. Jeffery Schneider, 44, has been charged with four felony counts including scheme to defraud and theft from a person over 65 years of age. Schneider acted without a license, which was revoked in March 2010 for numerous licensure violations.

Florida CFO Atwater’s Department Wins $76 Million Judgment Against Former Aries Insurance Company Owners

Wed, 20 Apr 2011 14:50:35 GMT

Florida CFO Jeff Atwater announced today that a judgment has been entered against the former owners of Aries Insurance Company, Inc. for more than $76 million. The insolvency of Aries Insurance Company left approximately 58,000 policyholders and creditors with unpaid claims when it was ordered into receivership in 2002 and two state guaranty funds were triggered to pay those claims.

CFO Jeff Atwater Announces Grant to Aid Training for Volunteer Firefighters

Fri, 15 Apr 2011 20:39:49 GMT

Florida Chief Financial Officer and State Fire Marshal Jeff Atwater today announced that the Northwest Florida Volunteer Firefighter Weekend Council is receiving more than $580,000 in a grant from the Department of Homeland Security. The grant will provide funding to promote training and retention of volunteer firefighters in the state.

CFO Jeff Atwater Announces the Arrest of Arsonist in Trenton

Thu, 14 Apr 2011 20:58:14 GMT

Florida CFO Jeff Atwater today announced the arrest of Johnathan Cumbie of Trenton on charges of setting fire to three different Gilchrist County homes in the past week. Cumbie was identified as having been seen leaving one of the residences approximately five minutes before the fire.

CFO Jeff Atwater and State Attorney Jerry Hill Announce the Arrest of Three Polk County Women Charged with Stealing State Funds

Wed, 13 Apr 2011 18:08:40 GMT

Florida CFO Jeff Atwater, together with State Attorney Jerry Hill, today announced the arrests of three Polk County women charged with stealing state funds that were supposed to help citizens in need with utility costs. The arrests resulted from a joint investigation conducted by the Florida Department of Financial Services’ (DFS) Office of Fiscal Integrity and the Florida Department of Community Affairs Inspector General.

CFO Jeff Atwater Announces the Arrest of ‘Most Wanted’ Insurance Fraud Suspect, Ponzi Scheme Operator

Tue, 12 Apr 2011 14:02:42 GMT

Florida CFO Jeff Atwater today announced the arrest of one of Florida’s “most wanted” insurance fraud criminals, defendant Erline Telfort, of Broward County. The arrest came last week as new information was provided through the CFO’s Public Assistance Fraud Unit after the launch of his “Most Wanted” insurance fraud website,
www.MyFloridaCFO.com/PressOffice/MostWanted, which engages Floridians in the search for scammers who have eluded law enforcement.

Florida Chief Financial Officer Jeff Atwater Statement Regarding Additional $30 Million to Promote Florida’s Beaches

Mon, 11 Apr 2011 18:05:48 GMT

Today, Governor Rick Scott announced that BP has allocated an additional $30 million to help several Northwest Florida counties promote Florida’s beaches following the devastating Deepwater Horizon oil spill almost a year ago.

CFO Jeff Atwater Statement Regarding Staged Accident Demonstration and Meeting with Insurance Fraud Tipsters in Tampa

Thu, 07 Apr 2011 20:01:52 GMT

Florida CFO Jeff Atwater participated in a staged accident demonstration in Tampa today hosted by Allstate and the Tampa Police Department. The event showcased several types of staged auto accidents used in insurance fraud scams. Florida currently has three of the top five cities nationally for questionable medical claims associated with staged accidents –Tampa, Miami and Orlando. CFO Atwater also met with two individuals who recently received rewards from the Division of Insurance Fraud for providing information that directly led to arrests and convictions in two insurance fraud schemes.

CFO Jeff Atwater Offers Post-Storm Tips, Urges Tampa Residents Affected by Tornadoes to Be Watchful for Unlicensed Contractors

Thu, 07 Apr 2011 14:27:47 GMT

Florida CFO Jeff Atwater is urging Tampa residents whose homes and property were damaged last week by tornadoes to be on the lookout for unlicensed contractors, and to make sure they thoroughly understand all of the details before signing any contract with a contractor.

CFO Atwater Announces Arrest of Delray Beach Insurance Agent for Scamming Seniors Out of Life Savings

Wed, 06 Apr 2011 21:10:14 GMT

Florida CFO Jeff Atwater today announced the arrest of Larry Yale Krakow, 53, of Delray Beach, on charges of organized scheme to defraud and grand theft involving numerous senior annuity transactions in the Palm Beach County area. The arrest follows a nine-month suspension and a $25,000 fine previously levied against Krakow following an extensive administrative review by Department’s Division of Agent and Agency Services. The arrest this week was made by the Department’s Division of Insurance Fraud (DIF).

CFO Atwater Presents Award to VeteransPlus in Recognition of April as Financial Literacy Month

Tue, 05 Apr 2011 14:38:12 GMT

At a Cabinet meeting today, Florida CFO Jeff Atwater sponsored a resolution recognizing April as Financial Literacy Month. In celebration of Financial Literacy Month, CFO Atwater presented Clearwater-based VeteransPlus with the 2011 Champion of Financial Literacy Award for providing financial education to more than 4,000 military personnel and their families last year. Each year, the Florida Financial Literacy Council (FFLC) selects an individual or organization that possesses a strong commitment to financial literacy education in Florida to receive the Champion of Financial Literacy Award.

CFO Atwater Wants You to Help Track Down the ‘Most Wanted’ Insurance Fraud Fugitives

Tue, 05 Apr 2011 13:07:41 GMT

In a continuing effort to implement new strategies to combat insurance fraud, Florida Chief Financial Officer Jeff Atwater today launched the “Most Wanted” insurance fraud website, www.myfloridacfo.com/pressoffice/mostwanted, that will engage Floridians in the search for scammers who have eluded law enforcement. The website will feature three individuals a quarter who are wanted by the CFO’s Division of Insurance Fraud or State Fire Marshal on charges ranging from organized scheme to defraud to arson.

April is Financial Literacy Month, CFO Atwater Encourages Floridians to Start Saving

Fri, 01 Apr 2011 17:08:53 GMT

A recent study released by the FINRA Investor Education Foundation revealed that of the 500 Floridians surveyed 61 percent lacked a "rainy day" fund to cover expenses for three months in case of emergencies such as sickness, job loss or an economic downturn. The study also determined that 23 percent of Florida households were not making ends meet and spent more than their income over the past year, further emphasizing the need for Floridians to start saving now for a rainy day.

Statement Regarding Statewide Drug Strike Force

Wed, 30 Mar 2011 17:21:56 GMT

Florida Chief Financial Officer Jeff Atwater today released the following statement commending Governor Scott and Attorney General Bondi for creating the Statewide Drug Strike Force.

Seminole Casualty Insurance Company Ordered Into Receivership

Tue, 15 Mar 2011 20:10:07 GMT

Leon County Circuit Court Judge Terry P. Lewis today ordered Seminole Casualty Insurance Company into receivership for the purpose of liquidation. The Florida Department of Financial Services is appointed Receiver.

Statement Regarding Legislative Efforts to Provide Relief to Victims of the Deepwater Horizon Oil Spill

Tue, 15 Mar 2011 18:44:10 GMT

Florida Chief Financial Officer Jeff Atwater today released the following statement recognizing Senator Don Gaetz (R-Destin) and Representatives Jimmy Patronis (R-Panama City), Clay Ingram (R-Pensacola), Marti Coley (R- Marianna), Brad Drake (R- Eucheeanna) and Doug Broxson (R- Gulf Breeze) for their efforts to provide relief to victims of the Deepwater Horizon oil spill.

CFO Atwater Announces Arrest of Miami Public Adjuster in Attempted $2 Million Insurance Fraud Scheme

Thu, 10 Mar 2011 14:08:00 GMT

Florida CFO Jeff Atwater announced today the surrender of public adjuster Erasmo Zorilla in Miami who attempted to defraud the North Pointe Casualty Insurance Company out of almost $2.5 million in an insurance claim associated with Hurricane Wilma.

CFO Atwater Encourages Floridians to Participate In Free Outreach Events During Consumer Protection Week

Mon, 07 Mar 2011 14:44:55 GMT

Florida CFO Jeff Atwater is encouraging Floridians to learn more about how to protect themselves from scams by participating in National Consumer Protection Week 2011, which continues through Saturday, March 12. CFO Atwater’s Department of Financial Services is hosting or participating in 30 events around the state during the week to promote awareness, including workshops on identify theft, insurance needs when buying a home, and protecting seniors.

CFO Atwater Announces 17 Arrests in Miami-Based Auto Insurance Fraud Bust

Wed, 02 Mar 2011 20:48:04 GMT

At a press conference today in Miami, Florida’s Chief Financial Officer Jeff Atwater joined Miami-Dade County State Attorney Katherine Fernandez Rundle to announce the results of Operation Dark Horizon, the largest Personal Injury Protection (PIP) bust since the CFO took office. The Miami-based investigation by Atwater’s Division of Insurance Fraud today resulted in the arrests of 17 individuals including a clinic owner, doctors, clinic employees and staged accident recruiters. Eight additional individuals have been charged and are being sought by investigators.

CFO Atwater Announces Sentencing of Miami Public Adjuster for Pocketing $360,000 from 82 Clients

Tue, 01 Mar 2011 14:12:25 GMT

As part of his commitment to crackdown on insurance fraud, Florida CFO Jeff Atwater announced the arrest and sentencing today of a former public adjuster, Abraham M. Blumberg of Miami, on one charge of first-degree organized scheme to defraud for pocketing more than $360,000 in funds from 82 clients and using the money to pay personal debts.

CFO Atwater Recognizes Florida Saves Week; Encourages Eligible Floridians to Claim Earned Income Tax Credit

Tue, 22 Feb 2011 15:24:09 GMT

At a Cabinet meeting today, Florida Chief Financial Officer Jeff Atwater sponsored a resolution recognizing Feb. 20-27 as Florida Saves Week. In concert with Florida Saves Week, CFO Atwater is encouraging Floridians to learn more about the importance of saving and preparing financially for their futures at one of a series of workshops his office is hosting.

Florida Chief Financial Officer Jeff Atwater Announces First Meeting and New Web Site for the Medicaid and Public Assistance Fraud Strike Force

Mon, 21 Feb 2011 13:44:16 GMT

Florida Chief Financial Officer Jeff Atwater today announced the first meeting of the Medicaid and Public Assistance Fraud Strike Force. The Strike Force was created during the 2010 Legislative Session to increase the effectiveness of programs and initiatives that work to prevent, detect and prosecute Medicaid and public assistance fraud. CFO Atwater serves as Chair and Attorney General Bondi serves as Vice Chair of the 11-member Strike Force.

Statement by Chief Financial Officer Jeff Atwater Regarding Medicaid Reform Proposals Advocated by Senate

Wed, 16 Feb 2011 18:14:22 GMT

Florida’s Chief Financial Officer Jeff Atwater, who will chair the legislatively-created Medicaid and Public Assistance Fraud Strike Force, today released the following statement regarding the Medicaid reform proposals announced yesterday by Senate leaders:

Florida CFO Jeff Atwater Creates Second PIP Squad in Tampa, Part of Ongoing Push to Put the Brakes on this Costly Crime

Thu, 10 Feb 2011 20:49:21 GMT

Florida CFO Jeff Atwater, who oversees the Department of Financial Services and the department’s sworn Division of Insurance Fraud (DIF), has created a second Personal Injury Protection (PIP) Fraud Squad in Tampa to combat the growing number of staged accidents and fraudulent auto insurance claims.

Chief Financial Officer Jeff Atwater Appoints Members to the Newly-Formed Medicaid Strike Force

Tue, 08 Feb 2011 19:41:08 GMT

Florida Chief Financial Officer Jeff Atwater today announced the appointment of five law enforcement members to the newly-formed Medicaid and Public Assistance Fraud Strike Force. The Strike Force was created during the 2010 Legislative Session to increase the coordination and effectiveness of programs and initiatives that work to prevent, detect and prosecute Medicaid and public assistance fraud. CFO Atwater serves as Chair of the 11-member Strike Force.

Florida Chief Financial Officer Jeff Atwater Asks GCCF Claimants to Provide Input on Proposed Methodology

Mon, 07 Feb 2011 18:14:23 GMT

Florida’s Chief Financial Officer Jeff Atwater is asking the state’s business community and BP Oil Spill claimants for their suggestions and any concerns regarding the Gulf Coast Claims Facility (GCCF) and Fund Administrator Ken Feinberg’s proposed methodology for victim compensation. Last week, Feinberg’s GCCF made public his recommendation on ways to award Final Claim compensation, which would also require claimants to waive any future right to sue BP, the GCCF or other parties involved with the Deepwater Horizon Oil Spill.

Chief Financial Officer Jeff Atwater Appoints Thomas Kirwin as Deputy CFO Over Law Enforcement

Thu, 03 Feb 2011 17:21:36 GMT

Florida’s Chief Financial Officer Jeff Atwater today announced the appointment of veteran prosecutor and Assistant United States Attorney Thomas Kirwin as Deputy CFO over Law Enforcement with a laser-focus on combating insurance fraud. Mr. Kirwin will oversee the Department of Financial Services’ three law enforcement areas: the Division of Insurance Fraud, which enforces the criminal laws related to insurance transactions, the Bureau of Fire and Arson Investigations, which is responsible for conducting fire, arson and explosives investigations and the Office of Fiscal Integrity, which investigates fraud, waste and abuse of state money and resources.

Florida CFO Atwater Announces Five Arrests Tied to $118,000 in Fraudulent PIP Claims

Fri, 28 Jan 2011 14:33:20 GMT

Florida CFO Jeff Atwater today announced that the Department of Financial Services’ Division of Insurance Fraud (DIF), in partnership with the Tampa Police Department and Hillsborough Sheriff’s Department, has arrested five individuals accused of submitting $118,000 in fraudulent insurance claims through a Tampa clinic. Two of the suspects, husband and wife Isidoro and Yusimy Martinez, were previously arrested by DIF detectives for a similar scheme involving another Tampa clinic.

CFO Atwater's Division of Insurance Fraud Arrests Duval County Man on Multiple Charges for Avoiding Workers' Compensation Premiums

Thu, 27 Jan 2011 15:51:09 GMT

Florida CFO Jeff Atwater today announced the arrest of David Rodriguez-Socarras, 49, a Duval County man who allegedly created a "shell" company and fictitious name in order to cash nearly $3 million in payroll checks through a money service business to avoid workers' compensation premiums and payroll taxes.

CFO Jeff Atwater Provides Rewards to Eight Citizens for Tips that Led to Uncovering $2 Million in Insurance Fraud

Thu, 27 Jan 2011 15:45:58 GMT

Florida CFO Jeff Atwater today announced $50,500 in rewards for eight Floridians who provided key information that led to arrests and convictions in five major insurance fraud cases. These citizens helped uncover more than $2 million in fraudulent insurance billings leading to 26 arrests to date.

CFO Atwater Appoints South Florida Attorney, Community Advocate Wendy Sartory Link as Chair of Healthy Kids Board

Wed, 26 Jan 2011 15:00:07 GMT

Florida CFO Jeff Atwater announced today that he has tapped the expertise of West Palm Beach attorney and community advocate Wendy Sartory Link to serve as the Chair of the Healthy Kids Board. The Florida Healthy Kids program is a public-private corporation that has provided subsidized health insurance to school-aged kids for 20 years.

Chief Financial Officer Jeff Atwater Announces the Appointments of Key Staff at the Department of Financial Services

Wed, 26 Jan 2011 13:41:32 GMT

Chief Financial Officer Jeff Atwater today announced the appointment of three key staff members at the Department of Financial Services who will oversee the payment of the state's bills, information technology resources and program assessment.

CFO Atwater and Financial Literacy Council Announce VeteransPlus as Recipient of the 2011 Champion of Financial Literacy Award

Wed, 26 Jan 2011 13:37:14 GMT

Florida CFO Jeff Atwater today announced that Clearwater-based VeteransPlus has been named the winner of the 2011 Champion of Financial Literacy Award for providing financial education to more than 4,000 military personnel and their families last year. Each year, the Florida Financial Literacy Council (FFLC) selects an individual or organization that possesses a strong commitment to financial literacy education in Florida to receive the Champion of Financial Literacy Award.

Chief Financial Officer Jeff Atwater’s Letter to BP Claims Administrator Kenneth Feinberg

Thu, 20 Jan 2011 20:45:03 GMT

Please see the attached letter from Chief Financial Officer Jeff Atwater to Kenneth Feinberg, BP Claims Administrator formally requesting that a representative of the Florida Department of Financial Services participate in the methodology created to determine claims payments.

CFO and State Fire Marshal Jeff Atwater Announces New Training Partnership for Volunteer Firefighters

Thu, 20 Jan 2011 19:27:36 GMT

Florida CFO and State Fire Marshal Jeff Atwater today joins with the Florida State Fire College, Florida Fire Chiefs Association, Small County Coalition of Florida, and the Florida Association of Counties Trust (FACT) to announce a partnership to provide a new training program and scholarship funding for volunteer firefighters in Florida.

Chief Financial Officer Jeff Atwater Suspends Lake Worth Insurance Agent’s License for Pocketing Consumer Premiums

Tue, 18 Jan 2011 18:58:58 GMT

Florida CFO Jeff Atwater yesterday ordered the emergency suspension of a Lake Worth insurance agent’s license after he allegedly misappropriated automobile insurance premiums and issued bogus insurance identification cards to consumers.

Chief Financial Officer Jeff Atwater Announces Seven Insurance Fraud Arrests in Two Days in Keeping with his Promise to Attack PIP Fraud

Thu, 13 Jan 2011 14:51:53 GMT

In keeping with his promise to fight Personal Injury Protection (PIP) fraud and its effect on driving up auto insurance costs, Florida Chief Financial Officer Jeff Atwater today announced the arrests of seven suspects in Miami and Naples accused of participating in nearly $170,000 worth of fraudulent auto insurance billings.

Statement Regarding Florida Congressman Vern Buchanan’s Proposed Balanced Budget Amendment

Mon, 10 Jan 2011 22:29:46 GMT

TALLAHASSEE – Florida CFO Jeff Atwater today released the following statement regarding U.S. Representative Vern Buchanan’s (R-Sarasota) proposed balanced budget amendment:

Chief Financial Officer Jeff Atwater Halts an $11.5 Million Mortgage Fraud Scam

Thu, 06 Jan 2011 22:21:41 GMT

Florida Chief Financial Officer Jeff Atwater today announced the arrest of mortgage fraud scammer Guillermo Fraginals Parra, 37, of Hialeah, on charges of first degree grand theft. Parra, the 18th individual arrested in this scam, was a real estate appraiser at the time the crimes occurred and was being paid on the side to inflate the value of various condominiums in the Brickell Bay Condo Community.

CFO-Elect Jeff Atwater Announces Management Team

Tue, 04 Jan 2011 15:01:40 GMT

Florida Chief Financial Officer-elect Jeff Atwater today announced the appointment of his management team, including Robert “Budd” Kneip who will serve as Chief of Staff, PK Jameson as General Counsel, and three deputies who will oversee key areas of the Department of Financial Services. Atwater also announced appointments to his Legislative Affairs and Communications offices.

CFO-elect Atwater Statement on Loss of Deputy Coates

Tue, 04 Jan 2011 14:27:01 GMT

"Today we mourn the loss of Orange County Sheriff's Deputy Brandon Coates who was fatally shot last night while conducting a traffic stop." Deputy Coates’ tragic death is a reminder of the great risk that our law enforcement officers take every day to keep our communities safe."

CFO Sink Calls on Incoming Cabinet to Continue Oversight, Advocacy for Oil Spill Victims

Tue, 21 Dec 2010 15:26:56 GMT

Florida CFO Alex Sink today sent a letter to the incoming members of the Florida Cabinet urging their continued advocacy and oversight for the people of the Gulf Coast as they continue to struggle with an inefficient claims process. CFO Sink also urged the newly-elected Cabinet Officials to support legislative steps that will ensure Florida’s citizens have better recourse against future disasters.

CFO Sink and Ag McCollum Send Strong Letter to Feinberg on “Inefficient” Claims Process

Thu, 16 Dec 2010 13:50:55 GMT

Florida CFO Alex Sink and Attorney General Bill McCollum today called again on Claims Administrator Kenneth Feinberg to improve the claims process for Floridians impacted by the BP oil spill. The Florida Cabinet members noted that of the over 150,000 claims filed by Floridians, only 40 percent have been paid, and that the recently released Protocols for Interim and Final Claims could potentially make it even more difficult for impacted Floridians to be compensated for their losses.

CFO Sink Honors our Military on Pearl Harbor Remembrance Day

Tue, 07 Dec 2010 19:53:43 GMT

Florida CFO Alex Sink today released the following statement in remembrance of the December 7, 1941, attacks on Pearl Harbor:

Florida Treasury Investment Pool Receives Continued Strong Ratings by S&P

Thu, 02 Dec 2010 19:56:23 GMT

The Florida Treasury Investment Pool today continued its record of strong ratings for both credit quality and volatility by the globally-recognized Standard & Poor’s Ratings Services. The Florida Treasury Investment Pool continued to hold an ‘Af’ fund credit quality rating and ‘S2’ fund volatility rating, and these strong ratings were released publicly for the first time by Standards & Poor’s today.

State Fire Marshal Alex Sink Calls on Help from Pensacola Residents to Catch Arsonist

Thu, 18 Nov 2010 18:20:02 GMT

Florida State Fire Marshal and CFO Alex Sink is asking citizens in Pensacola for assistance in finding the person or persons responsible for the fire at World Ford in “Car City” on Pensacola Boulevard that occurred around 5:00 am yesterday, November 17. It is believed that the fire was intentionally set.

CFO Sink Urges State Employees to Use Online W-2, Saving Taxpayers up to $75,000 a Year

Wed, 17 Nov 2010 19:14:40 GMT

Florida CFO Alex Sink today asked state employees to sign up to receive their W-2 forms electronically, which could save Florida taxpayers $75,000 annually if all state employees participated. CFO Sink also highlighted conveniences for employees with electronic W-2s, including earlier access to the form and eliminating the risk of the form being lost or misplaced.

CFO Alex Sink Statement on Florida Legislature Retreat on HB 5603

Mon, 15 Nov 2010 20:46:47 GMT

Florida CFO Alex Sink today blasted the Florida Legislature for backing down from their previously unanimous support of HB 5603, a bill that would save Florida taxpayers millions by addressing the rising costs of workers’ compensation claims in the state risk management program, and limit the cost of repackaged medications which have increased the costs of prescription drugs.

'Florida Vets Connect' Connects Nearly 30,000 Florida Veterans with Benefits

Wed, 10 Nov 2010 19:19:55 GMT

Florida CFO Alex Sink today announced that the ‘Florida Vets Connect’ initiative, designed to better recognize Florida’s veterans and provide them with information about the benefits they may be entitled to through their brave service to our country, has already contacted nearly 30,000 Florida veterans.

CFO Sink Calls on Florida Legislature to Override Veto of Cost-Saving Risk Management Reforms

Tue, 09 Nov 2010 16:16:05 GMT

Florida CFO Alex Sink today called on the Florida Legislature to override Governor Charlie Crist’s veto of her risk management legislation (HB 5603) during the upcoming special session. The legislation addresses the rising costs of workers’ compensation claims in the state risk management program, and passed the Florida Legislature unanimously.

CFO Sink Statement Regarding Three Escambia County Deputies Shot in the Line of Duty

Fri, 29 Oct 2010 21:34:36 GMT

Florida CFO Alex Sink today offered the following statement on behalf of three Escambia County deputies who were shot while responding to an apparent home invasion.

“My thoughts and prayers are with the three officers who were wounded today while protecting the citizens of Escambia County, and also with their families,” said CFO Sink.

State Fire Marshal & CFO Alex Sink Congratulates Her Forensic Laboratory on Recent International Award

Fri, 29 Oct 2010 15:25:05 GMT

Florida CFO & State Fire Marshal Alex Sink today commended the State Fire Marshal’s Bureau of Forensic Fire and Explosives Analysis (BFFEA) for receiving the International Association of Chiefs of Police (IACP) Vollmer award for Excellence in Forensic Science. The Vollmer Excellence in Forensic Science Award recognizes the proactive, innovative use of forensic technologies by law enforcement and the significant impact of forensic science on the criminal justice system.

CFO Alex Sink Applauds Appointment of Cassandra Jenkins to Florida Parole Commission

Tue, 26 Oct 2010 13:59:16 GMT

Florida CFO Alex Sink today applauded the Florida Cabinet’s unanimous vote on the appointment of Cassandra Jenkins to the Florida Parole Commission. Jenkins’ appointment is effective January 5, 2011, and she will serve in that post until January 2017.

CFO Sink's Department Hosts Round of Forums for Women's Small Business Month

Tue, 19 Oct 2010 17:08:28 GMT

Florida CFO Alex Sink’s Department of Financial Services is hosting a series of forums in honor of Women’s Small Business Month. In addition to representatives from the Department, partners include the Small Business Administration, the Internal Revenue Service, local colleges and universities, and chambers of commerce.

CFO Alex Sink Releases Audit of DMS "Taj Mahal" Construction Project

Tue, 12 Oct 2010 16:27:32 GMT

Florida CFO Alex Sink today released the results of an audit of the Department of Management Services (DMS) construction project to build the new First District Court of Appeal (DCA) in a letter to Governor Charlie Crist and Chief Justice Charles Canady. The audit shows that DMS lost control of the project and spent millions more of taxpayer dollars than was necessary to build this courthouse.

CFO & State Fire Marshal Alex Sink Announces Arrest of Escambia County Arsonist

Thu, 07 Oct 2010 17:19:45 GMT

Florida CFO & State Fire Marshal Alex Sink today announced the arrest of Lawrence William Patterson III, 23, on arson and insurance fraud charges stemming from the investigation of fires to his vehicle and residence. The arrest is the result of a joint investigation by CFO Sink’s Bureau of Fire and Arson Investigations and her Division of Insurance Fraud.

CFO Alex Sink Proposes Contracting Changes to Citizens Property Insurance for More Accountability

Thu, 07 Oct 2010 15:16:16 GMT

Florida CFO Alex Sink today sent a letter to Scott Wallace, President and Executive Director of Citizens Property Insurance Corp., outlining proposed changes to Citizens’ procurement policy and contracting procedures.

Information Solicited in Arson Investigation of Charlotte County Storage Facility

Wed, 06 Oct 2010 17:53:04 GMT

State Fire Marshal and CFO Alex Sink’s Bureau of Fire and Arson Investigations, in partnership with the Charlotte County Sheriff’s Office, has announced the investigation of a suspected arson fire at the Storage America Self Storage Complex located at 1145 Capricorn Boulevard in Port Charlotte, Florida, which destroyed over 80 individual self-storage units containing customers’ personal belongings.

State Fire Marshal & CFO Alex Sink Recognizes Fire Prevention Week 2010

Mon, 04 Oct 2010 19:36:29 GMT

Florida CFO and State Fire Marshal Alex Sink today recognized Fire Prevention Week 2010 by inviting Floridians to take part in this year’s National Fire Protection Association campaign, titled: “Smoke Alarms: A Sound You Can Live With!”

CFO Alex Sink Welcomes Changes to BP Claims Process Based on Her Request

Mon, 04 Oct 2010 19:00:18 GMT

Florida CFO Alex Sink today welcomed Gulf Coast Claims Facility (GCCF) Administrator Kenneth Feinberg’s announcement that he will be changing the GCCF claims protocol regarding geographic proximity. At last week’s Cabinet meeting and in correspondence with Mr. Feinberg, CFO Sink has asked that Mr. Feinberg reconsider the GCCF protocol to include all legitimate claims filed by affected Floridians.

CFO Alex Sink Statement on the Gulf Coast Recovery Plan

Thu, 30 Sep 2010 15:11:32 GMT

Florida CFO Alex Sink offered the following statement regarding the release of the Gulf Coast Recovery Plan:
“A long-term plan is critical to the recovery of the Gulf Coast, and I am pleased that Secretary Mabus has taken the first steps toward constructing this plan for our affected region.

CFO Alex Sink Pledges to Hold BP Accountable with “Florida Claims Help” Initiative

Wed, 29 Sep 2010 20:49:58 GMT

Florida CFO Alex Sink today announced a new Florida Claims Help (FLCH) initiative to assist affected Floridians in receiving a more timely response for claims filed with the Gulf Coast Claims Facility as a result of the Deepwater Horizon Oil Spill. CFO Sink is encouraging Floridians to share information about their claim online or at a series of FLCH open houses scheduled in the Panhandle next week.

CFO Alex Sink Recognizes Heroic Efforts of the U.S. Southern Command in Response to Haiti Earthquake

Tue, 28 Sep 2010 15:03:32 GMT

At today’s meeting of the Florida Cabinet, CFO Alex Sink sponsored a resolution recognizing the efforts of Lieutenant General Ken Keen and the United States Southern Command. Lieutenant General Keen serves as Military Deputy Commander of the U.S. Southern Command and was on a pre-planned visit to Haiti when the earthquake struck on January 12; he quickly established Joint Task Force-Haiti (JTF), also known as Operation Unified Response, a key component of the U.S. military’s emergency response and disaster relief efforts for Haiti.

CFO Sink: 7 Arrested For Staging Accident in South Florida

Mon, 27 Sep 2010 19:59:48 GMT

Florida CFO Alex Sink today announced the arrests of seven people in South Florida on charges of insurance fraud after the suspects allegedly rented a U-Haul truck, intentionally crashed it into a passenger van, then billed their insurance companies for services at various medical clinics. The investigation and subsequent arrests were conducted by CFO Sink’s Division of Insurance Fraud, which began the arrests in August and made the last two arrests late last week.

CFO Alex Sink Announces Arrest of Owner of Suncoast Physicians Health Plan, Inc.

Thu, 23 Sep 2010 19:17:23 GMT

Florida CFO Alex Sink today announced the arrest of Kenneth Feldman, 62, founder of Suncoast Physicians Health Plan, Inc., on one first-degree felony charge for filing false financial statements with the Office of Insurance Regulation (OIR). As a result of the various transactions, over $600,000 listed as available cash or other liquid assets in the company’s financial statements were, in fact, unavailable.

ICA Butler Urges Floridians to Learn About Health Insurance Reforms Taking Effect Sept. 23

Tue, 21 Sep 2010 20:25:39 GMT

Florida’s interim Insurance Consumer Advocate Terry Butler is urging Floridians to be aware and take advantage of many reforms in the Patient Protection and Affordable Care Act (PPACA) that will go into effect this Thursday, September 23, 2010.

Tomorrow CFO Alex Sink's Florida Housing Help Initiative to Hold Workshop in Orlando

Fri, 17 Sep 2010 14:58:42 GMT

Florida CFO Alex Sink’s Department of Financial Services will offer a Florida Housing Help workshop tomorrow in Orlando. Struggling homeowners will be able talk to lenders and certified HUD counselors about foreclosure issues and options.

CFO Sink Names Terry Butler as Interim Insurance Consumer Advocate

Thu, 16 Sep 2010 18:58:35 GMT

Florida CFO Alex Sink announced today that Terry Butler has been tapped to serve as Interim Insurance Consumer Advocate. Butler has spent his entire 32-year career as an attorney in Tallahassee, Florida, working on legislative and regulatory matters involving insurance.

Joint Letter from Governor Charlie Crist and Chief Financial Officer Alex Sink to Ken Feinberg

Wed, 15 Sep 2010 22:37:23 GMT

The attached letter from Governor Charlie Crist and Chief Financial Officer Alex Sink to Ken Feinberg, claims administrator for the Deepwater Horizon Compensation Fund, is requesting immediate action be taken to address the concerns Floridians have regarding the BP oil spill claims process.

State Fire Marshal & CFO Alex Sink Announces 5th Annual Volunteer Firefighters Training

Wed, 15 Sep 2010 13:46:19 GMT

Florida State Fire Marshal and CFO Alex Sink today announced that volunteer firefighters from throughout Florida will gather this weekend at Northwest Florida State College in Niceville, Florida, at the fifth annual Northwest Florida Volunteer Firefighter Weekend.

CFO Alex Sink Again Calls on the Florida Legislature to Help Small Businesses Impacted by Oil Spill

Tue, 14 Sep 2010 18:11:02 GMT

Florida CFO Alex Sink today issued the following statement after reviewing the final report by the House of Representatives’ work groups regarding the Deepwater Horizon Oil Spill:

CFO Alex Sink Recognizes Financial Planning Week

Tue, 14 Sep 2010 14:26:02 GMT

Florida CFO Alex Sink this morning presented a Cabinet resolution designating the week of October 4 through October 10, 2010, as Financial Planning Week.

CFO Alex Sink Honors Lives Lost on 9th Anniversary of 9/11

Mon, 13 Sep 2010 20:50:42 GMT

Florida CFO Alex Sink today offered the following statement recognizing the 9th anniversary of the September 11, 2001 terrorist attacks in New York: “It is hard to believe that nine years have gone by since the September 11 attacks, for the memory of that day remains fresh in our minds."

CFO Alex Sink Annouces Arrest of Miami Woman For Cashing in on "Citizens" Insurance

Fri, 10 Sep 2010 19:50:07 GMT

Florida CFO Alex Sink today announced the arrest of Aylin Hernandez, 23, of Miami, for fraudulently diverting mail and stealing payments intended for Citizens Property Insurance Corporation. Hernandez was arrested this morning and booked into the Turner Guilford Knight Correctional Center in Miami-Dade County on charges of organized fraud and grand theft. The arrest results from an investigation by CFO Sink’s Division of Insurance Fraud, with assistance by Citizens Property Insurance Corporations’ Special Investigations Unit, and if convicted, she faces up to 45 years behind bars.

CFO Alex Sink Discusses FL Economy with European Union Consuls General in Miami

Fri, 10 Sep 2010 19:40:06 GMT

Florida CFO Alex Sink today met with consuls general of the European Union to discuss the important economic impact of these foreign trade relationships and investments to diversifying the state’s economy, creating jobs and bolstering Florida’s foreign exports.

CFO Alex Sink Announces Arrests of Two Officers of Affiliated South Florida Insurance Companies

Wed, 08 Sep 2010 22:05:41 GMT

Florida CFO Alex Sink announced today the culmination of an extensive insurance fraud investigation with the arrest of Luis M. Espinosa, 60, and Rene M. Cambert, 55, on eight first degree felony counts each for filing false or misleading financial statements for First Commercial Insurance Company (FCIC) and its affiliated company, First Commercial Transportation and Property Insurance Company (FCTPIC) with the Florida Office of Insurance Regulation (OIR).

CFO Alex Sink Honors FAMU Legend Willliam P. Foster

Fri, 03 Sep 2010 19:05:23 GMT

Florida CFO Alex Sink today sponsored a Cabinet resolution honoring Dr. William P. Foster, who served as Director of Bands at Florida Agriculture and Mechanical University (FAMU) for more than 50 years and transformed the university’s “Marching 100” into one of the nation’s most iconic marching bands.

CFO Alex Sink's Bureau of Forensic Fire & Explosives Analysis Receives International Accreditation

Fri, 03 Sep 2010 19:03:15 GMT

Florida CFO and State Fire Marshal Alex Sink’s Bureau of Forensic Fire & Explosives Analysis (BFFEA) Investigations has received the prestigious honor of full international accreditation status from the American Society of Crime Laboratory Directors/Laboratory Accreditation Board International (ASCLD/LAB-International). The Bureau qualified for the highly prized recognition of law enforcement excellence after meeting 380 standards applicable for a forensic laboratory seeking accreditation.

CFO Alex Sink Launches Online Disaster Preparation Video, Urges Final Preparations for Hurricane Season's Peak

Thu, 02 Sep 2010 15:11:24 GMT

Urging Florida residents to remain vigilant as National Preparedness Month kicks off this week and two named storms, Earl and Fiona, threaten the southern United States, Florida CFO Alex Sink launched a new disaster preparedness video at www.MyFloridaCFO.com to provide timely information Floridians can use to protect their families and their homes.

CFO Alex Sink to Audit Department of Management Services Courthouse Contracts

Mon, 30 Aug 2010 19:10:28 GMT

Florida CFO Alex Sink announced today that she has directed her Bureau of Auditing to perform a comprehensive audit of the Department of Management Services’ fixed capital outlay project for the construction of the new First District Court of Appeals courthouse.

CFO Alex Sink's Unclaimed Property Auction Nets Over $1.1 Million for State School Fund

Thu, 26 Aug 2010 19:39:01 GMT

Florida CFO Alex Sink’s Bureau of Unclaimed Property netted over $1.1 million for the second consecutive year at the annual unclaimed property auction held Saturday, August 21 in Orlando.

CFO Alex Sink Honors Dominic Calabro of Florida Tax Watch

Thu, 26 Aug 2010 13:48:40 GMT

Florida CFO Alex Sink today sponsored a Cabinet resolution recognizing CEO Dominic Calabro for 30 years of service to the citizens of Florida with Florida TaxWatch. CFO Sink has worked closely with Florida TaxWatch and CEO Calabro for more than 20 years, both as a private sector business leader and now as a member of the Florida cabinet.

CFO Alex Sink Calls on Feinberg to Revisit Gulf Claims Process to Fix Flawed Gulf Claims Process

Tue, 24 Aug 2010 18:27:38 GMT

Florida CFO Alex Sink today sent a letter to Kenneth Feinberg, administrator of the new Gulf Coast Claims Facility (GCCF), calling on him to rewrite the rules in favor of Florida’s small businesses who have been harmed by the oil spill, and also to do away with the requirement that Florida’s small business must re-file claims with the GCCF that have already been filed with BP.

CFO Alex Sink Applauds Florida Winning Race to the Top funding

Tue, 24 Aug 2010 18:15:20 GMT

Florida CFO Alex Sink today applauded Florida’s selection as one of the winners of the U.S. Department of Education's $4.35 billion in Race to the Top education grants. CFO Sink praised the efforts of all parties involved – including the Florida Department of Education, school superintendents and administrators, and teachers – for coming together to develop a winning proposal.

CFO Alex Sink's Statement on BP's $3 Million grant to Florida for Mental Health Assistance

Mon, 23 Aug 2010 19:55:27 GMT

Florida CFO Alex Sink offered the following statement after BP announced that it will provide Florida’s Department of Children and Families (DCF) with $3 million for the agency and its community partners to provide mental health services and conduct outreach to individuals living and working in counties affected by the oil spill.

CFO Alex Sink Presents $30K Check to Orlando Senior, Previews Unclaimed Property Auction

Fri, 20 Aug 2010 14:46:55 GMT

Florida CFO Alex Sink today returned a check for $30,000 in unclaimed property to an 80-year-old senior Orlando resident and also previewed items to be sold at her Bureau of Unclaimed Property’s annual auction happening tomorrow

CFO Alex Sink Commends Four Florida Groups for Recieving Rural Broadband Access Awards

Thu, 19 Aug 2010 18:50:54 GMT

Florida CFO Alex Sink today commended four Florida organizations awarded more than $27 million in rural broadband grants to increase affordable high-speed Internet access in underserved, rural areas throughout the state.

CFO Alex Sink Urges BP to Pay Floridians' Claims

Tue, 17 Aug 2010 17:32:44 GMT

Florida CFO Alex Sink today sent a letter to BP Deputy Incident Commander Mary Shafer-Malicki urging BP to do the right thing and revisit the company’s decision not to pay May claims from Florida businesses on the basis that oil had not yet reached Florida’s beaches.

CFO Alex Sink Calls on Citizens Property Insurance to Competitively Bid Contracts

Fri, 13 Aug 2010 19:08:43 GMT

Florida CFO Alex Sink today sent a letter to Scott Wallace, executive director of Citizens Property Insurance Corporation, calling on Citizens to implement contract reforms to ensure accountable and competitive contracting, and allow all qualified businesses the opportunity to compete for work available from Citizens.

CFO Alex Sink: Check for Unclaimed Property before Statewide Auction

Tue, 10 Aug 2010 15:37:54 GMT

Florida CFO Alex Sink today asked Floridians to check for unclaimed property prior to her Bureau of Unclaimed Property’s Statewide Auction, an annual sale of unclaimed safe deposit box contents turned over to the state. The auction, which is open to the public, will be held August 21, 2010, in Orlando at the Florida Hotel and Conference Center at the Florida Mall. In the past year alone, CFO Sink’s Florida Bureau of Unclaimed Property has reunited citizens with more than $188 million, the largest amount in state history.

CFO Sink Urges Self-Employed Floridians to Buy, Review Health Insurance during August Open Enrollment

Fri, 06 Aug 2010 21:35:33 GMT

lorida CFO Alex Sink is urging Florida’s self-employed individuals to take advantage of the August open-enrollment period that allows sole proprietors, independent contractors and others to obtain health insurance or switch plans on a guaranteed-issue basis, without regard to health status.

Florida Consumer Warning: Bogus Health Insurance Being Marketed in Florida

Tue, 03 Aug 2010 15:16:18 GMT

The Florida Department of Financial Services (DFS) and the Office of Insurance Regulation (OIR) are warning Floridians of the solicitation of unauthorized health insurance plans sold by the Association of Independent Managers (AIM).

CFO Alex Sink Recovers Over $11.1 Million for Florida Insurance Consumers since January

Mon, 02 Aug 2010 15:09:03 GMT

Florida CFO Alex Sink announced today that her Department of Financial Services has helped recover more than $11.1 million for Florida’s insurance consumers in the first half of 2010. Under CFO Sink’s leadership, the department’s Division of Consumer Services continues its diligent efforts to help Floridians get the money they’re owed from insurance companies.

CFO Alex Sink Announces Arrest of Seminole County Man Charged with Arson & Attempted Murder

Wed, 28 Jul 2010 20:54:50 GMT

Florida CFO and State Fire Marshal (SFM) Alex Sink today announced the arrest of Earl S. Wilson, 55, on two counts of arson and four counts of attempted murder following a residential fire this morning in Seminole County. Wilson was booked into the Seminole County Jail and is being held without bond.

CFO Alex Sink Stands with Small Businesses and Florida Realtors during Lost-Income Claims Process

Wed, 28 Jul 2010 20:44:11 GMT

Florida CFO Alex Sink today issued the following statement after meeting with Kenneth Feinberg, the independent administrator of the BP Deepwater Horizon Disaster Victim Compensation Fund, about the lost-income claims process for small businesses and real estate professionals.

CFO Sink Statement on Results of Healthy Kids Independent Review of WellCare

Fri, 23 Jul 2010 18:42:08 GMT

Florida CFO Alex Sink issued the following statement following the results of an independent review she requested of WellCare’s accounting for medical expenses under the Healthy Kids contract. The independent review has revealed that an additional $2.1 million withheld by WellCare is owed to the Florida Healthy Kids Corporation.

CFO Alex Sink Calls on Feinberg to Clarify Claims Process

Wed, 21 Jul 2010 21:04:56 GMT

Florida CFO Alex Sink today sent a letter to Kenneth Feinberg, the Independent Claims Facility Administrator for BP’s Deepwater Horizon Gulf oil spill, requesting that Feinberg clarify his position on whether individuals or business owners will be required to waive their legal right to additional compensation in order to receive payment of their claims.

CFO Alex Sink Calls on Enterprise Florida to Lead NW FL Economic Recovery

Wed, 21 Jul 2010 19:39:40 GMT

Florida CFO Alex Sink today sent a letter to the President & CEO of Enterprise Florida, Inc., requesting that Enterprise Florida, Inc. revise their Northwest Florida 2010-2015 Roadmap to Florida’s Future to address the economic effects of the Deepwater Horizon disaster.

CFO Alex Sink Calls Florida Legislature Tone Deaf on Oil Response

Tue, 20 Jul 2010 18:27:34 GMT

Florida CFO Alex Sink today issued the following statement after House Speaker Larry Cretul and Senate President Jeff Atwater further delayed relief to small business owners and residents affected by the Gulf oil disaster, opting not to address relief measures during the special session today.

CFO Alex Sink Announces New Online Tool for Injured Employee Benefits

Tue, 20 Jul 2010 18:14:12 GMT

Florida CFO Alex Sink today announced a new tool created by her Division of Workers’ Compensation that allows injured employees to estimate their wage replacement benefits when injured on the job. The new calculators can be used by anyone, are highly interactive and will assist injured employees in understanding how temporary disability and impairment benefits are determined.

CFO Alex Sink to Bernanke: Work Together to Strengthen Small Business Lending

Mon, 19 Jul 2010 15:55:51 GMT

Florida CFO Alex Sink today called on the Chairman of the U.S. Federal Reserve Dr. Ben Bernanke to host a town hall meeting in Pensacola with the Florida Bankers Association, the Florida Office of Financial Regulation (OFR), local bankers and small business owners to promote an understanding of how regulators and banks can work together to handle the economic impact of the Gulf Oil Spill and improve access to credit to strengthen small businesses in Northwest Florida.

CFO Alex Sink Statement Regarding Delay of Urgently Needed Help to Citizens and Businesses

Thu, 15 Jul 2010 20:36:48 GMT

TALLAHASSEE – Florida CFO Alex Sink today issued the following statement after House Speaker Larry Cretul and Senate President Jeff Atwater proposed further delaying relief to small business owners and residents affected by the Gulf oil disaster, opting to not address relief measures during the July 20-23 special session.

CFO Alex Sink to Save State $420,000/Year With Electronic Licenses

Thu, 15 Jul 2010 14:10:06 GMT

Florida CFO Alex Sink today announced that her Division of Agent and Agency Services is now making license identifications available electronically for insurance agents, adjusters and other licensees, saving taxpayers an estimated $420,000 a year.

CFO Sink Announces Joint Investigation Arrests in Mortgage Fraud Crackdown

Wed, 14 Jul 2010 20:57:18 GMT

Florida CFO Alex Sink today announced the arrests of six criminals involved in a mortgage fraud scam that resulted in more than $2 million in fraudulent mortgages. The arrests are the result of a joint investigation by the Department of Financial Services’ Division of Insurance Fraud (DIF), the U.S. Immigration and Customs Enforcement (ICE), Homeland Security Investigations’ Miami Field Office and the Miami Dade State Attorney’s Office Mortgage Fraud Prosecution Unit.

CFO Alex Sink: ‘Florida Vets Connect’ Now Helping Veterans Receive Benefits Information

Tue, 13 Jul 2010 14:09:50 GMT

Florida CFO Alex Sink today reminds Florida Veterans that ‘Florida Vets Connect’ is now in operation. The program, a joint initiative of the Florida Department of Veterans’ Affairs (FDVA) and the Florida Department of Highway and Safety Motor Vehicles (DHSMV), is designed to recognize Florida’s veterans and provide them with information about the benefits they may be entitled to through their brave service to our country.

CFO Alex Sink Calls for Economic Protections During Oil Special Session

Mon, 12 Jul 2010 14:05:46 GMT

Florida CFO Alex Sink today sent a letter to Speaker of the Florida House Larry Cretul and President of the Florida Senate Jeff Atwater outlining incentives, claims changes, and environmental initiatives necessary to protect Florida’s economy for inclusion in the July 20-23 special session.

CFO Alex Sink Responds to Narrow Claims Implication Made by Claims Administrator Feinberg

Thu, 08 Jul 2010 21:02:24 GMT

TALLAHASSEE – Florida CFO Alex Sink issued the following statement in response to Gulf Coast Claims Facility Administrator Kenneth Feinberg’s comments suggesting that many Floridians indirectly impacted by the BP oil disaster may not receive compensation.

CFO Alex Sink Commends Special Session on Drilling Ban

Thu, 08 Jul 2010 18:03:51 GMT

TALLAHASSEE – Florida CFO Alex Sink issued the following statement in response to Governor Charlie Crist’s announcement of a special session on July 20-23 to pass a constitutional ban on oil drilling in state waters. CFO Sink was the first statewide elected official to call for a special session to ban near beach oil drilling on May 6.

CFO Alex Sink Asks FL Congressional Delegation to Waive Federal Income Tax on BP Payments

Thu, 08 Jul 2010 18:00:49 GMT

TALLAHASSEE— Florida CFO Alex Sink today sent a letter to every member of Florida’s Congressional Delegation asking them to support legislation that would waive the federal income tax on the lost income payments Floridians have received from BP.

CFO Alex Sink’s Priority Legislation to Increase Accountability Now in Effect

Thu, 01 Jul 2010 21:44:18 GMT

Florida CFO Alex Sink today issued the following statement regarding her priority legislative reforms that went into effect today, July 1:

“I’ve led the charge to reform Florida's contracting process, leading by example in my Department of Financial Services,” said CFO Sink. “The new Contracting Reforms legislation provides for greater accountability and transparency in state contracting, saving taxpayer dollars and reducing waste in state government.”

CFO Sink Urges Claims Administrator Feinberg to Improve Claims Process

Tue, 29 Jun 2010 16:42:19 GMT

Florida CFO Alex Sink today sent a letter to Kenneth Feinberg, the independent claims administrator for the new $20 billion escrow account for Gulf oil spill claims from BP, urging him to implement changes that would improve and expedite the claims process for affected Floridians.

CFO Sink and Emergency Managers Urge 4th of July Fireworks Safety

Tue, 29 Jun 2010 14:13:37 GMT

Florida CFO and State Fire Marshal Alex Sink today held a press conference to encourage Floridians to put safety first as they celebrate this Fourth of July. CFO Sink was joined at the press conference by Tallahassee Fire Chief Cindy Dick and local firefighters, State Fire Marshal Division Director Julius Halas, and State Emergency Management Bureau Chief Gwen Keenan.

CFO Alex Sink Encourages SBA to Get the Word Out on Expedited Loans

Fri, 25 Jun 2010 20:16:54 GMT

Florida CFO Alex Sink today urged SBA Administrator Karen Mills to proactively get the word out about the quick turnaround time of the SBA’s emergency loan process that can provide much-needed, expedited relief to small businesses impacted by the Deepwater Horizon oil spill.

Fraud for Concert Tickets Lands Broward County Sheriff's Deputy and Co-Conspirator in Jail

Wed, 23 Jun 2010 21:31:34 GMT

Florida CFO Alex Sink today announced the arrest of Broward County Sheriff’s Deputy Shawn Barber, 43, and Sharyn Iaboni, 43, a past neighbor of Barber, on three felony counts for creating a fraudulent accident report and insurance forms, for the purpose of receiving reimbursement for concert tickets.

CFO Alex Sink Ramps up Unclaimed Property Efforts in Northwest Florida

Tue, 22 Jun 2010 14:05:08 GMT

Florida CFO Alex Sink today announced that her Bureau of Unclaimed Property will begin focusing additional efforts to return unclaimed cash or property to Floridians living in areas affected by the Deepwater Horizon disaster.

CFO Sink Provides Special Bulletin to Help Florida’s Businesses with Oil Disaster

Mon, 21 Jun 2010 20:59:52 GMT

Florida CFO Alex Sink today published a special edition of her Consumer eViews newsletter to offer impacted small businesses in Florida information on how to deal with the effects of the BP oil spill, including how to file a claim and how to prepare should oil be brought inland with a hurricane this storm season.

CFO Alex Sink Requests New Escrow Claims Facility Be Located in Florida

Fri, 18 Jun 2010 16:36:24 GMT

TALLAHASSEE—Florida CFO Alex Sink today sent a letter to Kenneth Feinberg, the independent claims administrator for the new $20 billion escrow account for Gulf oil spill claims from BP, requesting that the new claims facility be located in Northwest Florida.

CFO Sink Statement on $20 Billion BP Oil Disaster Claims Fund

Wed, 16 Jun 2010 21:51:59 GMT

TALLAHASSEE– Florida CFO Alex Sink offered the following statement after President Barack Obama announced that BP has agreed to set aside $20 billion to pay claims for damages resulting from the oil disaster and that an independent administrator will take over the oil claims process.

CFO Alex Sink Launches New Video as Part of her Commitment to SOS Initiative

Wed, 16 Jun 2010 15:48:56 GMT

Florida CFO Alex Sink, in continuing support of her Safeguard Our Seniors (SOS) initiative, today released a new video produced by her Department of Financial Services (DFS) to help seniors understand the questions to ask and the potential pitfalls to avoid when considering the purchase of an annuity.

CFO Alex Sink Brings Safeguard Our Seniors Workshops to Fort Walton, Destin

Tue, 15 Jun 2010 18:26:37 GMT

Florida CFO Alex Sink’s Department of Financial Services will host Safeguard Our Seniors workshops in Fort Walton Beach and Destin tomorrow as part of CFO Sink’s ongoing statewide initiative to protect seniors from financial fraud through education and increased awareness.

CFO Alex Sink Renews Call for Federal Takeover of Claims Process

Fri, 11 Jun 2010 20:30:35 GMT

Florida CFO Alex Sink today sent a letter to Tracy Wareing, Integrated Services Team lead for the National Incident Command, renewing her call for the Federal government to take over the oil spill claims process and offering the resources of the Department of Financial Services in order to simplify and expedite the claims process.

CFO Alex Sink Launches Deepwater Horizon Financial Accountability Webpage

Fri, 11 Jun 2010 17:18:01 GMT

Florida CFO Alex Sink today launched a webpage allowing Floridians to track state expenditures in response to the Deepwater Horizon oil spill, and to provide transparency in how BP grant dollars are distributed to Florida counties to reimburse their costs in responding to the oil spill.

CFO Alex Sink Statement on Federal Government Strengthening Oversight of Claims Process

Thu, 10 Jun 2010 17:07:51 GMT

Florida CFO Alex Sink today offered the following statement after The White House announced that President Barack Obama had directed National Incident Commander Admiral Thad Allen to meet with top BP claims officials to assert the administration’s oversight of the BP claims process.

CFO Alex Sink Announces Wrap-Up of Statewide Workers’ Compensation Sweep

Thu, 10 Jun 2010 17:06:40 GMT

Florida CFO Alex Sink announced today that a two-day sweep shut down 70 employers for violations of Florida's Workers' Compensation laws.

CFO Sink Honors Mike Bullock of Florida Park Service

Tue, 08 Jun 2010 13:28:50 GMT

Florida CFO Alex Sink today sponsored a Cabinet resolution recognizing Parks Director Mike Bullock’s service to the citizens of Florida with his 38-year career with the Department of Environmental Protection.

CFO Sink Recognizes 20th Anniversary of Americans with Disabilities Act

Tue, 08 Jun 2010 13:24:53 GMT

At this morning’s Cabinet meeting, Florida CFO Alex Sink sponsored a resolution honoring the 20th anniversary of the Americans with Disabilities Act (ADA), which was signed into law on July 26, 1990. More than 50 million Americans have some level of disability and industry ratings of workers with disabilities indicate average or above average performance, attendance, and safety on the job.

CFO Alex Sink on Activation of Emergency Bridge Loan Program

Mon, 07 Jun 2010 21:55:41 GMT

TALLAHASSEE— Florida CFO Alex Sink today commended Governor Charlie Crist for the activation of the Emergency Bridge Loan Program for businesses affected by the Gulf oil disaster, a measure CFO Sink called for originally on May 3, 2010.

CFO Alex Sink Supports Special Session, Calls for Business Relief, Consumer Protections & Environmental Endowment

Mon, 07 Jun 2010 21:53:47 GMT

TALLAHASSEE— Florida CFO Alex Sink, who called for a special session to ban near beach oil drilling on May 6, today applauded Governor Charlie Crist’s renewed call for a special session to consider a constitutional ban on oil drilling in Florida waters:

CFO Sink Incensed Over BP's $5,000 Lost Income Payments

Mon, 07 Jun 2010 17:10:04 GMT

TALLAHASSEE – Florida CFO Alex Sink today renewed her call that the federal government take over the handling of lost income claims processing from BP, in light of numerous reports that many affected business owners have only been offered payments of up to $5,000 to compensate for lost income.

CFO Sink Announces Arrests of 6 PIP Scammers in Hillsborough County

Fri, 04 Jun 2010 20:32:10 GMT

Florida CFO Alex Sink’s Division of Insurance Fraud (DIF) today announced the arrest of six PIP fraud scammers in Hillsborough County on chargers of insurance fraud after being caught bilking insurance companies out of thousands of dollars and recruiting participants to play a part in a staged accident.

CFO Sink Suspends Miami Beach Public Adjuster's License for Diverting Consumers' Funds

Fri, 04 Jun 2010 20:04:41 GMT

Florida CFO Alex Sink announced today the emergency suspension of a North Miami Beach public adjuster’s license after he allegedly misappropriated over $34,000 of homeowners’ claims payments.

CFO Sink Demands Answers from BP CEO Hayward, Attendance at Next Florida Cabinet Meeting

Thu, 03 Jun 2010 14:46:34 GMT

TALLAHASSEE—Florida CFO Alex Sink today sent a letter to BP CEO Tony Hayward requesting his attendance at the next meeting of the Florida Cabinet Tuesday, June 8, to provide an explanation of BP’s plans to protect Florida’s economy and environment, and an update on BP’s compensation requests from Florida businesses.

CFO Sink to BP Executive: Your Oil is Coming to Florida, Where Are You?

Wed, 02 Jun 2010 17:22:42 GMT

TALLAHASSEE – Florida CFO Alex Sink offered the following statement after learning that the massive Deepwater Horizon oil leak is projected to impact Northwest Florida in the near future.

CFO Sink's Priority Safeguard Our Seniors Legislation Signed into Law

Wed, 02 Jun 2010 15:11:19 GMT

Florida CFO Alex Sink today commended Governor Charlie Crist for signing her Safeguard Our Seniors protections into law, strengthening senior investor fraud laws. This bi-partisan achievement is the culmination of a three-year push by CFO Sink to finally put “alligator teeth” in Florida’s senior investor fraud laws to deter senior scammers.

CFO Sink Calls SBA Reforms Signed Into Law Overdue, More Required to Protect Pension Fund

Wed, 02 Jun 2010 15:05:58 GMT

Florida CFO Alex Sink called State Board of Administration (SBA) reforms signed by the Governor today long overdue, but also expressed concern that stronger oversight of Florida’s $112 billion pension fund was not included in the final bill.

CFO Sink Urges Financial Preparations at Start of 2010 Hurricane Season

Tue, 01 Jun 2010 18:16:07 GMT

Florida CFO Alex Sink today reminds Florida homeowners and small business owners to review their insurance policies and make sure they have their financial documents in order at the start of the 2010 Hurricane Season.

CFO Sink Honors Military Heroes at Memorial Day Ceremony

Mon, 31 May 2010 14:41:18 GMT

Florida CFO Alex Sink spoke to more than 1,000 veterans, family and friends today at the annual Memorial Day Ceremony at the Florida National Cemetery to honor our state and nation’s fallen heroes.

CFO Sink Statement on Governor Crist's Veto of HB 5603

Fri, 28 May 2010 21:49:19 GMT

“This legislation was an important step in holding state agencies accountable and reducing workers’ compensation costs, and I am very disappointed that Governor Crist chose today to favor special interests instead of Florida taxpayers,” said CFO Sink. “In the business world, it’s only practical that you inspect what you expect and do what’s necessary to rein in costs, and these program modifications would have allowed us to do just that.”

CFO Sink's Contracting Reforms Signed by Governor Crist

Fri, 28 May 2010 21:47:55 GMT

“These common-sense reforms will provide for more accountability and transparency in state contracting and I am pleased Governor Crist signed these important reforms into law,” said CFO Sink. “Floridians deserve to get the best deal possible for our tax dollars in the most efficient way possible. That’s no different than how it works in the private sector— these reforms help push our state in a more businesslike direction.”

CFO Sink Discusses Potential Economic and Environmental Impact of Oil Spill in Key West

Fri, 28 May 2010 19:38:31 GMT

Florida CFO Alex Sink today held a roundtable with Key West business owners and took a boat tour of the Southern Keys focused on the potential economic and environmental impact of the BP oil spill throughout Florida.

CFO Sink Commends Governor Crist for Signing Energy Efficiency Legislation

Fri, 28 May 2010 19:04:03 GMT

Florida CFO Alex Sink today commended Governor Crist for signing into law the Property Assessed Clean Energy (PACE) program, which gives local governments the option of providing loans for property owners to make energy-efficiency enhancements to their homes and engage in renewable energy projects.

CFO Sink Urges Governor Crist to Activate Emergency Loans to Help Small Businesses

Thu, 27 May 2010 20:52:53 GMT

Florida CFO Alex Sink today sent a letter to Governor Crist urging him to activate the Florida Small Business Emergency Bridge Loan program and expand the scope of the loans to provide small businesses suffering economic damages as a result of the Deepwater Horizon oil spill with immediate assistance.

CFO Sink Asks Florida DEP to Study Effects of Oil in Louisiana

Thu, 27 May 2010 20:49:22 GMT

Florida CFO Alex Sink today sent a letter to Secretary Michael Sole of the Florida Department of Environemntal Protection (DEP) asking that the agency deploy a team of scientists and experts to study the 100 miles of shoreline in Louisiana that have been damaged by the Deepwater Horizon oil slick. Sink first asked Secretary Sole to create such a team at this week’s Cabinet meeting, and suggested that the team could report back to the Cabinet and offer information about methods and ideas that are working to help clean up the damage.

CFO Sink Calls on SBA Secretary Mills to Review Loan Process for Struggling Small Businesses

Thu, 27 May 2010 20:47:35 GMT

Florida CFO Alex Sink today called on U.S. Small Business Administration Secretary Mills for a review of the Economic Injury Disaster Loan (EIDL) application process to look for ways to speed up the turnaround time so Florida’s small businesses can access the cash they need to keep their businesses going during the economic fallout from the Deepwater Horizon oil spill.

CFO Sink: $25 Million Comes at Critical Time

Wed, 26 May 2010 15:52:14 GMT

Florida CFO Alex Sink today called for an immediate infusion of Northwest Florida-specific tourism ads, now that a $25 million tourism grant has been received from BP in response to the Deepwater Horizon Oil Spill causing considerable visitor cancellations and hurting the Northwest Florida economy.

CFO Sink Urges Governor Crist to Pass Energy Efficiency Legislation

Mon, 24 May 2010 18:45:27 GMT

Florida CFO Alex Sink today asked Governor Crist to sign into law the Property Assessed Clean Energy (PACE) program, which would give local governments the option of providing loans for property owners to make energy-efficiency enhancements to their homes and engage in renewable energy projects.

CFO Sink Asks President Obama for Federal Takeover of Deepwater Horizon Oil Leak Response

Mon, 24 May 2010 17:24:30 GMT

“For too long we have relied on BP and its contractors to staunch the flow of oil, and they have failed us at every turn,” said CFO Sink. “We are now more than a month out from this disaster, and Floridians want to know: Where is the federal government’s leadership?"

CFO Sink Urges Governor Crist to Sign Legislation to Reduce Workers' Comp Costs, Save Taxpayer Dollars

Fri, 21 May 2010 19:43:26 GMT

Today, Florida CFO Alex Sink sent a letter to Governor Crist asking his support of her risk management legislation (HB 5603), which addresses the rising costs of workers’ compensation benefits in the state risk management program. The legislation passed the legislature unanimously, and is currently pending Governor Crist’s approval to become law.

CFO Sink Hosts Small Business Roundtable in Orlando on Importance of Disaster Preparedness

Fri, 21 May 2010 16:32:50 GMT

Florida CFO Alex Sink today joined Orlando Mayor Buddy Dyer for a roundtable with small-business owners to discuss the importance of businesses being prepared for disaster. The roundtable discussion included nine Orlando business owners and followed an hour-long presentation to more than 30 small business owners detailing different kinds of insurance policies and coverages, understanding how to measure the impact of business interruption and what documents will be needed to get any claim paid quickly.

CFO Sink Joins Mayor Dyer, Metro Orlando Officials for Unveiling of New Biodiesel Blending Station

Fri, 21 May 2010 14:13:17 GMT

Florida CFO Alex Sink today joined Mayor Buddy Dyer and Metro Orlando officials for the Grand Opening of Lynx’ Biodiesel Blending Station, making it the first transit agency in the nation to build, operate, and produce “on demand” blending of biodiesel.

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Wed, 19 May 2010 19:54:06 GMT

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CFO Sink: $25 Million Tourism Grant from BP a Good Step

Mon, 17 May 2010 21:57:10 GMT

Florida CFO Alex Sink today called BP’s decision to award a $25 million tourism grant for Florida a good step as our state continues to face economic hardship from the oil spill. Over a week ago, CFO Sink met with a BP executive and asked that the company fund a global tourism campaign so potential visitors understand that the state is open for business, and she reiterated her call with a formal letter to BP America President Lamar McKay last Monday.

CFO Sink’s Statewide Disaster Preparedness Blitz Kicks Off Today with 16 Events through Saturday

Mon, 17 May 2010 20:15:28 GMT

Florida CFO Alex Sink announced today the launch of a statewide weeklong blitz to educate Floridians on how to prepare financially for any potential disaster. With the theme "Insure, Secure, Recover," 16 free workshops are being held throughout the state for consumers and small businesses. The blitz week aims to bring attention to the need to prepare for the start of hurricane season on June 1.

CFO Sink Welcomes News of SBA Disaster Loans for 25 Counties Affected Economically by Oil Spill

Fri, 14 May 2010 21:08:26 GMT

Florida CFO Alex Sink applauded the news today that the the U.S. Small Business Administration is designating 25 Florida coastal counties eligible for economic injury disaster loans in response to the Deepwater Horizon oil spill.

CFO Sink Announces $100 Million Savings for Businesses from Drop in Trust Fund Assessment Rate

Fri, 14 May 2010 19:20:55 GMT

“In these trying economic times, our businesses need all the help they can get in reducing costs,” said CFO Sink. “This rate reduction will produce direct and significant savings for Florida’s employers and potentially could lead to more jobs. I am pleased I was able to do this for our businesses, and I will continue to do all I can to find ways to protect our economy.”

CFO Sink Urges Floridians to Celebrate Armed Forces Day

Fri, 14 May 2010 18:32:17 GMT

“This weekend, let’s be especially mindful of our brave men and women who are away from their families protecting us so we can safely spend time with ours. We owe each of them a tremendous debt of gratitude, those who serve now and those who have served in the past, and especially the families of those who gave their lives to protect ours.”

CFO Sink Announces Arrest of "Shameless" Scammer

Thu, 13 May 2010 17:56:08 GMT

Florida CFO and State Fire Marshal Alex Sink today announced the arrest of a Tallahassee man on charges of arson, insurance fraud and grand theft after her State Fire Marshal (SFM) and Insurance Fraud (DIF) investigators determined the suspect intentionally set fire to his yacht, a 50-foot SeaRay named “Shameless,” and then filed a false insurance claim for the purpose of collecting insurance benefits.

CFO Sink Honors the National Guard and Reserve as Part of Statewide Event

Thu, 13 May 2010 17:53:31 GMT

“We must never lose sight of the support needed for our Guard and Reservists,” said CFO Sink. “I am thankful for the Florida Employer Support of the Guard and Reserve for bringing us together today to remind our employers and our communities just how important our support is of these very brave and dedicated Floridians.”

CFO Sink Commends Governor Crist For Acting on Her Request to Seek Loan Assistance for Florida Small Businesses

Wed, 12 May 2010 20:47:11 GMT

Florida CFO Alex Sink today commended Governor Charlie Crist for acting on her request that he ask the U.S. Small Business Administration for an official Economic Injury Disaster Declaration to make low-interest loans available to businesses in 19 Florida coastal counties already experiencing economic disruption from the Deepwater Horizon Oil Spill.

CFO Sink Praises Oil Spill Federal Aid Proposal

Wed, 12 May 2010 19:50:13 GMT

Florida CFO Alex Sink today praised the proposal from President Obama to provide federal aid to Gulf Coast communities and Florida workers impacted by the oil spill:

CFO Sink Urges Governor Crist Seek SBA Disaster Declarations

Tue, 11 May 2010 21:10:21 GMT

Florida CFO Alex Sink today sent a letter to Governor Charlie Crist urging him to request the Small Business Administration make Economic Injury Disaster Declarations for Florida counties affected by the Deepwater Horizon oil spill.

CFO Sink Asks BP to Fund Worldwide Advertising Campaign to Advise That Florida Beaches And Businesses Are Open

Tue, 11 May 2010 21:08:14 GMT

Florida CFO Alex Sink asked the president of BP America today to fund a worldwide campaign to advise potential visitors to Florida that the state’s beaches and businesses are oil-free and open for business.

CFO Sink Asks BP to Clarify Claims Process

Tue, 11 May 2010 16:38:21 GMT

Florida CFO Alex Sink today asked BP America to clarify the process Florida consumers should follow to file a claim related to the oil spill.

CFO Alex Sink Asks BP to Help Get the Word Out – “Florida Is Open for Business”

Sat, 08 May 2010 18:49:36 GMT

Florida CFO Alex Sink met today with BP Executive Keith Seilhan at the Deepwater Horizon Incident Command Center in St. Petersburg, Fla., and asked for BP’s commitment to help the state and its small businesses recover from economic losses by funding an advertising campaign to let the world know that Florida and its beaches are oil-free, open for business, and as beautiful as ever.

CFO Sink Disappointed with BP Responsiveness, Again Requests More Info, Better Focus on Florida

Thu, 06 May 2010 15:35:16 GMT

Florida CFO Alex Sink today sent a letter to Lamar McKay, President of BP America, expressing disappointment with the responsiveness of BP and requesting an executive level contact within BP with the authority to provide answers to Floridians through CFO Sink’s Consumer Services Division.

Sink, Gelber, Kriseman, Fitzgerald Propose Constitutional Amendment that Protects Florida's Coastline

Thu, 06 May 2010 14:20:36 GMT

Joining together from coast to coast, CFO Alex Sink, State Senator Dan Gelber (D-Miami Beach), and State Representatives Keith Fitzgerald (D-Sarasota) and Rick Kriseman (D-St. Petersburg) called on Governor Charlie Crist to reconvene the legislature for a special session to consider a constitutional amendment that would ban drilling off of Florida’s beaches.

TODAY CFO Sink in Pensacola for Emergency Briefing, Meetings, & Local Roundtables

Thu, 06 May 2010 13:14:02 GMT

Florida CFO Alex Sink will be in Pensacola today, receiving emergency briefings, speaking with local business owners, and participating in roundtable discussions with Homeland Security Secretary Janet Napolitano and Commerce Secretary Gary Locke.

CFO Sink Urges Businesses to Prepare Now for BP Claims

Wed, 05 May 2010 21:28:54 GMT

Florida CFO Alex Sink today encouraged Florida’s coastal businesses to prepare for making loss of earnings claims for damages incurred as a result of the Deepwater Horizon oil spill. In a letter to Carol Dover, President/CEO of the Florida Restaurant and Lodging Association, CFO Sink outlined the steps businesses should take, including record-keeping of cancellations due to the oil spill and making detailed lists of assets.

State Fire Marshal Sink Announces Arson Awareness Week, Designated May 2-8, 2010

Wed, 05 May 2010 19:04:39 GMT

Florida CFO & State Fire Marshal Alex Sink, Tampa Fire Rescue Chief Dennis Jones and Florida Advisory Committee on Arson Prevention President James Smallwood today announced Arson Awareness Week 2010, which takes place this week May 2-8, 2010.

CFO Sink Pushes Governor Crist to Agenda Deepwater Horizon Response Efforts for Next Cabinet Meeting

Wed, 05 May 2010 16:38:09 GMT

Florida CFO Alex Sink today sent a letter to Governor Charlie Crist urging him to place a “Good Cause” item on the Board of Trustees of the Internal Improvement Trust Fund agenda for the May 11, 2010, Cabinet Meeting to provide the Governor and Cabinet a public status report on the Deepwater Horizon drilling platform disaster and resulting massive oil spill set to reach Florida's beaches before next week's meeting.

CFO Sink Opens Helpline for Businesses Impacted by Oil Spill

Wed, 05 May 2010 15:34:31 GMT

Florida CFO Alex Sink today announced that her Department of Financial Services’ toll-free Consumer HelpLine, at 1-877-My-FL-CFO (1-877-693-5236), is prepared to assist business owners impacted by the growing oil spill in the Gulf.

CFO Sink Commends Public Workers as Part of Public Service Recognition Week

Wed, 05 May 2010 13:09:22 GMT

Florida CFO Alex Sink offered the following statement in honor of Public Service Recognition Week, which begins today and lasts through May 9.

CFO Sink Commends Chancellor Brogan for Establishment of Oil Spill Academic Task Force

Tue, 04 May 2010 15:37:02 GMT

TALLAHASSEE – Florida CFO Alex Sink today commended Chancellor of the State University System of Florida Frank T. Brogan for establishing the Oil Spill Academic Task Force to provide assistance to local, state and federal agencies in dealing with the Gulf of Mexico spill and its aftermath. This comes a day after CFO Sink called for a top environmental experts to help Florida respond to the consequences of the oil spill.

CFO Sink Calls for State & Federal Actions to Protect Florida's Economy After Oil Spill

Mon, 03 May 2010 16:06:59 GMT

Florida CFO Alex Sink today called for important state and federal protections for Florida’s economy and environment to better prepare for the impact of the disastrous oil spill. Florida’s $65 billion tourism industry and $2.2 billion seafood, aquaculture, and marine industries are facing significant risk, and the northwest region alone contributes $5.7 billion to the state’s economy. CFO Sink also reiterated her long-standing opposition to near-beach drilling and called for a moratorium on any expanded drilling in the gulf.

CFO Sink to Visit Pensacola, Mobile for Emergency Briefings & Aerial Tour of Oil Spill

Mon, 03 May 2010 12:36:42 GMT

Florida CFO Alex Sink will receive a briefing on the Deepwater Horizon oil spill at the Escambia County Emergency Operations Center this morning at 8:15 AM CDT. Immediately following the briefing, CFO Sink will announce three proactive state and federal actions that must be taken in order to better protect Florida’s economy.

CFO Sink's Risk Management Reforms Pass Legislature, Reducing Workers' Comp Costs

Sat, 01 May 2010 00:27:15 GMT

Florida CFO Alex Sink today commended the Florida Legislature for unanimously passing legislation that implements recommendations made by CFO Sink to strengthen the state’s Risk Management program and reduce workers’ compensation costs to the state.

CFO Sink's Priority Safeguard Our Seniors Legislation Passes Legislature

Fri, 30 Apr 2010 22:56:50 GMT

Florida CFO Alex Sink’s Safeguard Our Seniors legislation passed the Florida Legislature today, strengthening senior investor fraud laws. This bi-partisan achievement is the culmination of a three-year push by CFO Sink to finally put “alligator teeth” in Florida’s senior investor fraud laws to deter senior scammers. Read more at FLSeniors.net.

CFO Sink's Contracting Reforms Pass Legislature, Will Improve State Procedures & Accountablilty

Fri, 30 Apr 2010 21:52:35 GMT

Florida CFO Alex Sink today commended the Florida Legislature for passing Senate Bill 2386, a contract reform and efficiency bill implementing several of CFO Sink’s recommendations to improve the state’s contracting procedures and increase efficiency. CFO Sink’s recommendations were based on contracting initiatives within her Department of Financial Services.

CFO Sink Commends Passage of Firefighter Death Benefits Bill

Fri, 30 Apr 2010 21:16:41 GMT

Florida CFO and State Fire Marshal Alex Sink today commended the Florida Legislature for the passage of the Firefighter Death Benefits Bill, sponsored by Representative Darren Soto and Senator Carey Baker.

CFO Sink: SBA Reforms Overdue, More Required to Protect Pension Fund

Fri, 30 Apr 2010 19:15:59 GMT

Florida CFO Alex Sink called State Board of Administration (SBA) reforms passed by the Florida Legislature today long overdue, but also expressed concern that stronger oversight of Florida’s $112 billion pension fund was not included in the final bill.

CFO Alex Sink Urges White House to Enact Better Protections Against Future Oil Spills

Fri, 30 Apr 2010 18:45:53 GMT

Florida CFO Alex Sink today sent a letter to the Assistant to the President for Energy and Climate Change Carol Browner addressing the urgent need for continued coordination to protect Florida from the current disastrous oil spill that is threatening the state’s economy.

CFO Sink Statement on Oil Spill Threatening Florida

Thu, 29 Apr 2010 20:15:11 GMT

Florida CFO Alex Sink released the following statement in response to reports that the oil spill in the Gulf of Mexico is five times larger than originally estimated.

CFO Sink Calls on House to Hear & Pass Firefighter Death Benefits Bill

Tue, 27 Apr 2010 20:21:13 GMT

Florida CFO and State Fire Marshal Alex Sink today called on the leadership of the Florida House of Representatives to allow the Firefighter Death Benefits Bill (HB 65/ SB 202) sponsored by Representative Darren Soto and Senator Carey Baker to be heard on the House Floor.

CFO Sink Appoints Harold M. Knowles to Citizens Board of Governors

Mon, 26 Apr 2010 18:43:48 GMT

Florida CFO Alex Sink today announced the appointment of Harold M. Knowles to the Board of Governors for Citizens Property Insurance Corporation, effective April 21, 2010, through July 31, 2011. Citizens is one of the largest property and casualty insurance companies in the nation and the largest property insurer in Florida.

CFO Sink Asks Commissioner McCarty for Information on Florida Insurers in Preparation for Hurricane Season

Mon, 26 Apr 2010 14:12:51 GMT

Florida CFO Alex Sink today released a letter to OIR Commissioner Kevin McCarty inquiring whether any additional actions may be necessary by OIR prior to hurricane season to ensure authorized property insurers are financially capable of meeting their obligations through the course of the 2010 hurricane season. A copy of the letter follows below:

CFO Sink Announces Five More Arrests in Staged Accident Sweep

Fri, 23 Apr 2010 17:12:34 GMT

Florida CFO Alex Sink today announced five additional arrests in her statewide staged accident sweep, bringing the statewide total to thirteen arrests in two days. Uriel B. Dubreuze, Darren Jermaine Villiers, Joey Fernandez, Christina Torres, and Dragan Zupancic were arrested on charges of insurance fraud and filing false/fraudulent insurance claims. Insurance fraud is a third degree felony, punishable by up to five years in prison.

Davie, Florida Insurance Agent Arrested After Scamming Elders Out of Millions of Dollars

Thu, 22 Apr 2010 19:49:17 GMT

Florida CFO Alex Sink and State Attorney Michael McAuliffe today announced the arrest of Steven Brasner, a Davie, Florida insurance agent, for knowingly making material misrepresentations on life insurance applications, agent certifications and financial statements resulting in the receipt of close to $2 million in commissions with death benefits of $78 million.

CFO Sink Announces Arrest of Eight PIP Scammers in Continued PIP Sweep Arrests

Thu, 22 Apr 2010 18:05:11 GMT

Florida CFO Alex Sink’s Division of Insurance Fraud (DIF) today joined the Hillsborough County Sheriff’s Office and the National Insurance Crime Bureau (NICB) to announce a staged vehicle accident Personal Injury Protection (PIP) sweep, including clinic owners and workers involved in PIP fraud scams around the state.

CFO Sink Encourages "Green" Jobs on Earth Day

Thu, 22 Apr 2010 15:32:10 GMT

In celebration of the 40th Anniversary of Earth Day, Florida CFO Alex Sink today highlighted many of her efforts to support and encourage “green” and renewable energy industry business development in Florida.

CFO Sink's Safeguard Our Seniors Legislation Passes Senate Unanimously

Fri, 16 Apr 2010 19:35:49 GMT

Florida CFO Alex Sink’s Safeguard Our Seniors Legislation (SB 844) today was passed unanimously by the Florida Senate. This is the second year in a row that the Senate has unanimously approved CFO Sink’s proposals to strengthen senior investor fraud laws, yet Representative Pat Patterson continues to refuse to hear the bill in the Florida House.

CFO Sink Recovers $4.4 Million for Florida Insurance Consumers Since January

Thu, 15 Apr 2010 18:18:06 GMT

Florida CFO Alex Sink announced today that her Department of Financial Services has helped recover more than $4.4 million for Florida’s insurance consumers in the first quarter of 2010.

CFO Sink Reminds Tax Filers to Ask About EITC

Wed, 14 Apr 2010 14:45:21 GMT

Florida CFO Alex Sink reminds Florida taxpayers to file their taxes by midnight Thursday and, if they haven’t already, to find out if they may be one of the estimated 10,000 Floridians who qualify for the Earned Income Tax Credit (EITC), a federal tax credit for low-income working individuals and families.

Northern Capital Insurance Company Ordered into Rehabilitation

Wed, 14 Apr 2010 12:31:16 GMT

Judge James O. Shelfer of the Second Judicial Circuit Court of Florida issued an order late yesterday placing Miami-based Northern Capital Insurance Company (NCIC) into receivership for the purpose of rehabilitation.

State Fire Marshal Sink Honors Florida Firefighters during Firefighter Appreciation Week

Tue, 13 Apr 2010 18:00:42 GMT

Florida CFO and State Fire Marshal Alex Sink honored Florida firefighters in a ceremony at the Florida Cabinet today, recognizing April 11-17, 2010, as Florida Firefighter Appreciation Week.

CFO Sink Statement Recognizing the Loss of Miami Firefighter Leslie Luma

Mon, 12 Apr 2010 16:54:01 GMT

Florida CFO and State Fire Marshal Alex Sink today issued the following statement in remembrance of Miami firefighter and South Florida Urban Search and Rescue Task Force 2 Leslie Luma.

CFO Sink Statement Regarding Special Anti-Corruption Session

Thu, 08 Apr 2010 18:55:27 GMT

Florida CFO Alex Sink today issued the following statement regarding the potential for a special anti-corruption session

CFO Sink's Unclaimed Property Bureau Sets New State Record, Wins National Award

Thu, 08 Apr 2010 13:31:49 GMT

Florida CFO Alex Sink’s Bureau of Unclaimed Property today announced that last month over $22.4 million in unclaimed property was returned to owners – the biggest return in state history.

CFO Sink and Financial Literacy Council Announce Gus A. Stavros as 2010 Champion of Financial Literacy Award Recipient

Tue, 06 Apr 2010 16:59:58 GMT

Florida CFO Alex Sink today announced the winner of the 2010 Champion of Financial Literacy Award during the annual meeting of the Financial Literacy Council— Gus A. Stavros of Pinellas County.

Two Lake County Suspects Arrested in Arson Investigation

Tue, 06 Apr 2010 12:38:40 GMT

Florida CFO and State Fire Marshal Alex Sink today announced the arrests of Lake County residents Bruce A. Tomon, 40, and Chad L. Sines, 40, after they conspired to hire an individual to burn down Tomon’s home.

CFO Sink Statement Regarding Referral of Criminal RPOF Investigation to Independent Prosecutor

Mon, 05 Apr 2010 19:55:36 GMT

Florida CFO Alex Sink today issued the following statement regarding Governor Crist's request to the U.S. Attorney for an independent federal investigation into alleged criminal conduct relating to the Republican Party of Florida.

CFO Sink Calls for Independent Prosecutor to Lead Criminal Investigation into RPOF

Fri, 02 Apr 2010 15:51:40 GMT

Florida CFO Alex Sink today sent a letter to Attorney General Bill McCollum calling on him to appoint an independent prosecutor to lead the criminal investigation into the Republican Party of Florida to avoid any conflict of interest.

CFO Sink Announces Arrest of Lake Worth Health Care Center Owner

Wed, 31 Mar 2010 17:17:55 GMT

CFO Alex Sink this week announced the arrest of Daniel Madeus, 32, owner of the Health and Wellness Rehabilitation Center, Inc. located in Lake Worth, for operating a clinic using a stolen identity and submission of more than $1.5 million in unlawful insurance bills.

CFO Sink Calls for Better Coordination for "Race to the Top" Round Two

Tue, 30 Mar 2010 21:29:04 GMT

Florida CFO Alex Sink today called for a stronger commitment from the Florida Department of Education to working collaboratively with Florida’s school boards, superintendents and teachers as Florida applies for the 2nd Round of “Race to the Top” education grants, in order to put Florida in a better position to receive this important funding.

CFO Sink's Investigators Help Put Ponzi Schemer Behind Bars

Tue, 30 Mar 2010 21:11:56 GMT

Florida CFO Alex Sink today announced that Ponzi schemer Richard Taft Johnson, 67, will serve eight years in federal prison and three years of supervised probation for defrauding $13.2 million from more than fifty people, including $4 million from Florida investors. Johnson will also have to pay $13.2 million in restitution. CFO Sink’s Division of Insurance Fraud and the Manatee County Sherriff’s Office opened the initial investigation.

CFO Sink Opens Helpline After Storms Strike Oakland Park

Mon, 29 Mar 2010 18:41:44 GMT

Florida CFO Alex Sink today activated her Department of Financial Services’ Storm Line, 1-800-22-STORM, to assist homeowners and business owners whose property may have suffered damage as a result of strong winds and possible tornadoes that struck Broward County's Oakland Park area.

CFO Sink Statement in Support of Property Assessed Clean Energy (PACE)

Fri, 26 Mar 2010 20:42:45 GMT

Florida CFO Alex Sink today issued the following statement urging the Florida Legislature to pass Property Assessed Clean Energy (PACE) legislation. Utilizing local government bonding capacity, this innovative approach lends money to residential and commercial property owners who are seeking financing for more efficient, clean-energy property retrofits and wind-resistant improvements.

CFO Sink Honors 90th Anniversary of League of Women Voters

Tue, 23 Mar 2010 20:06:51 GMT

In today’s meeting of the Florida Cabinet, CFO Alex Sink sponsored a resolution honoring the 90th Anniversary of the League of Women Voters.

CFO Sink's Staged Accident Sweep Nets 5th Suspect in Miami Ring

Thu, 18 Mar 2010 17:16:39 GMT

Florida CFO Alex Sink today announced the arrest of Angel Sotolongo Sierra, 28, the fifth individual arrested for participation in a staged auto accident ring in Miami. Sierra is charged with seven felonies and faces up to 105 years in prison.

CFO Sink's Risk Managment Legislation Passes House Committee Unanimously

Tue, 16 Mar 2010 22:01:59 GMT

Florida CFO Alex Sink today commended the Florida House Government Operations Appropriations Committee for unanimously passing legislation that implements recommendations made by CFO Sink to strengthen the state’s Risk Management program and reduce workers’ compensation costs to the state.

CFO Sink's Staged Accident Sweep Results in 19 Arrests Statewide

Mon, 15 Mar 2010 14:04:17 GMT

Florida CFO Alex Sink today announced that her statewide sweep of staged accident scammers last week resulted in the arrest of 19 suspects, including arrests in Ft. Myers, Miami, Orlando, Pensacola, Tampa, and West Palm Beach.

CFO Sink Opens Storm Line in Response to Severe Weather in Central Florida

Fri, 12 Mar 2010 21:05:31 GMT

Florida CFO Alex Sink activated her Department of Financial Services’ Storm Line, 1-800-22-STORM to assist homeowners and business owners who may have suffered damage as a result of strong winds that struck Thursday in Central Florida.

CFO Sink Commends Delay of Unemployment Compensation Tax Hike

Wed, 10 Mar 2010 22:06:00 GMT

Florida CFO Alex Sink today released the following statement after Governor Crist signed legislation that will delay massive unemployment compensation tax increases on Florida businesses

CFO Sink Statement Regarding Florida Back to Work Program

Wed, 10 Mar 2010 15:07:14 GMT

Florida CFO Alex Sink today issued the following statement after the U.S. Department of Health and Human Services (HHS) announced the first installment of $61.2 million in funds for the Florida “Back to Work” initiative.

CFO Sink Calls for Our Tax Dollars to Get to Florida for Back to Work Program

Tue, 09 Mar 2010 20:41:02 GMT

Florida CFO Alex Sink today sent a letter to U.S. Department of Health and Human Services (HHS) Secretary Kathleen Sebelius regarding the “Florida Back to Work” Program.

CFO Sink Encourages Floridians to Participate in Consumer Protection Week

Tue, 09 Mar 2010 19:07:22 GMT

"From teaching seniors how to protect themselves from scammers to helping Floridians stay in their homes, to advising residents on insurance issues, one of my top priorities is standing up for Florida's consumers," said CFO Sink.

CFO Sink's Unclaimed Property Bureau Delivers $22 Million in February, Setting State Record

Mon, 08 Mar 2010 14:37:45 GMT

Florida CFO Alex Sink’s Bureau of Unclaimed Property today announced that last month marked the largest amount of unclaimed property returned to owners recorded in state history, totaling over $22 million.

CFO Sink Commends Movement on Race to the Top Education Grants, Urges Collaboration to Find Best Solution

Sat, 06 Mar 2010 12:34:03 GMT

Florida CFO Alex Sink today applauded Florida’s inclusion as one of 16 states to be named a finalist for the U.S. Department of Education's $4.35 billion in Race to the Top education grants.

CFO Sink Takes on Staged Accident Scammers

Fri, 05 Mar 2010 14:53:28 GMT

CFO Alex Sink, the Tampa Police Department, and Allstate Insurance Company held a joint press conference today to draw attention to Personal Injury Protection (PIP) fraud and CFO Sink’s efforts to combat an increased number of scammers throughout Florida.

CFO Sink Announces ‘Florida Vets Connect’ to Recognize Brave Service of Florida Veterans

Wed, 03 Mar 2010 15:39:50 GMT

‘Florida Vets Connect,’ a proposal designed to better recognize Florida’s veterans and provide them with information about the benefits they may be entitled to through their brave service to our country.

CFO Sink Supports Delay of Unemployment Compensation Tax

Tue, 02 Mar 2010 20:46:47 GMT

Florida CFO Alex Sink today released the following statement commending the Florida Legislature for voting to delay massive unemployment compensation tax increases on the state’s businesses:

CFO Sink Busts Social Security Fraud Ring During Statewide Sting

Tue, 02 Mar 2010 19:18:07 GMT

CFO Alex Sink today announced a statewide sweep of individuals utilizing fraudulent social security cards to gain employment in Florida, a third-degree felony punishable by up to five years in prison. Ten arrests have been made in the sweep, and additional arrests are pending.

CFO Sink Sends Lake County Insurance Claims Adjuster and Four Pasco Ccounty Co-Conspirators to Jail

Mon, 01 Mar 2010 18:55:52 GMT

CFO Alex Sink today announced the arrests of five individuals involved in defrauding Zurich Insurance Group, including Zurich claims adjuster Donald Alfred Toohey, III, 30, by creating multiple falsified and fabricated claims in excess of $240,000.

CFO Sink: Sentencing of Tampa Senior Scammer is More Evidence that Stronger Legislation is Needed

Mon, 01 Mar 2010 14:34:35 GMT

Florida CFO Alex Sink today reiterated her call for tougher senior investor fraud laws, following a guilty plea last week by a Tampa Bay area scammer who stole a 71-year-old’s life savings after convincing her to invest them in an inappropriate financial product

CFO Sink Announces Nearly $1 Million in Savings Through Lease Opitimization Initiatives

Thu, 25 Feb 2010 14:50:30 GMT

CFO Alex Sink today announced projected taxpayer savings of nearly $1 million from re-negotiation of current and future lease contracts by her Department of Financial Services, and from moving state employees from privately leased space to state-owned facilities.

CFO Sink Recognizes Heroic Efforts of FL Search & Rescue Teams in Haiti

Wed, 24 Feb 2010 14:26:44 GMT

The Florida Cabinet recognized the Miami Dade Fire Rescue Florida Task Force 1 and the South Florida Urban Search and Rescue Task Force 2, two of six urban search and rescue teams from the United States which operated in Haiti looking for survivors trapped in collapsed buildings.

CFO Sink Encourages Floridians to Take Part in Florida Saves Week

Mon, 22 Feb 2010 19:55:31 GMT

Florida CFO Alex Sink is encouraging Floridians to learn more about the importance of saving and preparing financially for the future during Florida Saves Week.

Department of Financial Services Consumer Warning: Unauthorized Health Insurance Being Marketed in Florida

Fri, 19 Feb 2010 20:01:24 GMT

The Florida Department of Financial Services (DFS) today issued a consumer warning for Floridians receiving solicitations from unauthorized insurance companies using the names American Trade Association, Real Benefits Association or Smart Data Solutions.

CFO Sink Visits Tampa to Talk Small Business Job Creation

Thu, 18 Feb 2010 17:34:45 GMT

Florida CFO Alex Sink held a small business roundtable focused on job creation in Tampa today with 15 small business owners and community partners.

CFO Sink’s Statewide Fight for Tougher Laws Draws Hundreds of Seniors

Wed, 17 Feb 2010 17:06:53 GMT

Partnering with AARP Florida, Veterans Affairs, and the Elder Law Section of the Florida Bar, CFO Sink held public workshops in eleven Florida cities to draw attention to the need for tougher laws that will hold those who prey on Florida’s seniors accountable.

CFO Sink Reforms Government by Streamlining Middle Management

Tue, 16 Feb 2010 16:04:31 GMT

Florida CFO Alex Sink today announced new reforms to streamline middle management in her agency, creating greater efficiency and saving $8 to $10 million a year.

CFO Sink Takes Fight for Tougher Senior Investor Fraud Laws to Palm Beach

Fri, 12 Feb 2010 20:39:09 GMT

Florida CFO Alex Sink today hosted a ‘Safeguard Our Seniors’ workshop in Palm Beach with Representative Maria Sachs, part of CFO Sink’s statewide blitz to draw attention to the need for tougher senior investor fraud laws.

CFO Sink Takes Fight for Tougher Senior Investor Fraud Laws Statewide During Weeklong Blitz

Tue, 09 Feb 2010 18:28:55 GMT

Florida CFO Alex Sink kicked off a statewide blitz today to draw the attention of seniors and legislators to the need for tougher senior investor fraud laws.

CFO Sink Calls for Attorney General and Banking Commissioner to Take Action Against Suspected Fraud

Tue, 09 Feb 2010 16:08:51 GMT

Florida CFO Alex Sink today called for Florida’s Attorney General and Office of Financial Regulation Commissioner Tom Cardwell to be more aggressive in holding financial institutions that may have misled Florida’s citizens accountable.

CFO Sink Calls For AG, Pension Fund to Take Action Following Bank of America Suit

Fri, 05 Feb 2010 21:19:52 GMT

Florida CFO Alex Sink today applauded the New York Attorney General for his recent fraud suit against Bank of America and top Bank of America executives, and requested that Attorney General McCollum determine whether Florida can take action on behalf of all of our citizens who suffered losses as a result of this alleged fraud.

CFO Sink Encourages Young Floridians to Play “Financial Football” on Super Bowl Sunday

Fri, 05 Feb 2010 16:16:19 GMT

While South Florida gears up for this weekend’s Super Bowl festivities, Florida CFO Alex Sink today encouraged young Floridians to try and win their own game of “financial football.”

CFO Sink’s Safeguard Our Seniors Effort Nabs Tampa-area Senior Scammer

Thu, 04 Feb 2010 22:11:01 GMT

Florida CFO Alex Sink’s Division of Insurance Fraud arrested Richard M. Incandela, 57, for selling nearly $500,000 worth of bogus insurance policies to two Hillsborough County senior citizens.

CFO Sink Stands up for Florida Small Businesses to FDIC Chairman

Wed, 03 Feb 2010 16:48:40 GMT

Florida CFO Alex Sink called for more small business lending and a balanced approach to lending guidelines in a letter sent to Federal Deposit Insurance Corporation (FDIC) Chairman Sheila Bair.

CFO Sink's State Fire Marshal Bureau Receives Prestigious Accreditation

Wed, 03 Feb 2010 16:04:58 GMT

Florida CFO and State Fire Marshal Alex Sink’s Bureau of Fire and Arson Investigations today received the prestigious honor of full accreditation status from the Commission for Florida Law Enforcement Accreditation.

CFO Sink Supports New Small Business Lending Opportunities for Florida

Tue, 02 Feb 2010 22:45:39 GMT

Continuing her work to provide Florida’s small businesses with the resources they need to survive and grow, Florida CFO Alex Sink today emphasized the need for Florida’s community banks to take advantage of the updated initiative announced by President Obama, which will provide $30 billion for small business lending.

CFO Sink "Safeguard our Seniors" Legislation Passes Senate Committee Unanimously

Tue, 02 Feb 2010 22:38:51 GMT

“Today’s vote is a significant first step toward offering Florida’s seniors the protection they deserve and holding those who try to prey on our seniors accountable,” said CFO Sink.

CFO Sink Recognizes start of Black History Month

Mon, 01 Feb 2010 20:47:41 GMT

African-Americans in Florida and throughout our country have broken barriers, fought for equality, and paved the way for American democracy as we know it.

CFO Sink: Ft. Myers Bail Bondsmen Arrested on Multiple Felony Charges

Mon, 01 Feb 2010 17:07:29 GMT

Florida CFO Alex Sink today announced the arrests of Ft. Myers bail bond agent and business owner Onil Martinez and unlicensed bail bond agent Wilfredo Gonzalez, who allegedly committed multiple crimes including stealing $90,000 in bond collateral.

CFO Sink Encourages Floridians to Claim Earned Income Tax Credit and Undelivered Refunds

Fri, 29 Jan 2010 15:07:32 GMT

Florida CFO Alex Sink is urging Florida taxpayers to find out if they may be one of the estimated 10,000 Floridians who qualify for the Earned Income Tax Credit (EITC), a federal tax credit for low-income working individuals and families, on Earned Income Tax Credit Awareness Day 2010.

CFO Sink Applauds Rail Funding for Florida

Thu, 28 Jan 2010 19:25:04 GMT

Florida CFO Alex Sink joined President Barack Obama in Tampa today as he announced that Florida will receive $1.25 billion in federal funding for high speed rail ...

CFO Sink Urges Better Protections against Abusive Debt Collectors

Tue, 26 Jan 2010 21:24:45 GMT

Florida CFO Alex Sink today reiterated her call for changes that would create better protections for Floridians against abusive debt collectors, unveiling draft legislation and asking for the Florida Cabinet to come together to recommend tough, comprehensive reforms to the Florida Legislature at their next meeting.

CFO Sink's Call for Competition to Lower Legal Fees Passes Unanimously

Tue, 26 Jan 2010 21:04:32 GMT

Florida CFO Alex Sink today called for competition to be used to lower legal fees for Florida’s pension fund, so that more of the money recovered goes to Florida.

CFO Sink Calls for Common-Sense Waste Cutting: Stop Buying Paper Clips

Tue, 26 Jan 2010 17:21:51 GMT

Florida CFO Alex Sink today called on state government to stop purchasing any non-mission critical office supplies, an effort that could save the state more than $14 million a year.

CFO Sink Calls for Citizens Contract to be Competitively Bid

Mon, 25 Jan 2010 14:38:28 GMT

Florida CFO Alex Sink called for Citizens Property Insurance Corporation to competitively bid their contract to inspect Citizens’ properties at a meeting and in a letter to Citizen’s Chairman Jim Malone last week.

CFO Sink on Unemployment Compensation Tax Increases on Florida Businesses

Fri, 22 Jan 2010 19:53:14 GMT

Florida CFO Alex Sink today released a statement regarding unemployment compensation tax increases for Florida's businesses.

CFO Sink, Floridians Come Together to Support Haiti Relief Efforts in Miami

Wed, 20 Jan 2010 18:19:53 GMT

“This weekend, I had the opportunity to work alongside my fellow Floridians to help those in Haiti, and to offer my thoughts and prayers to the Haitian-American community in South Florida,” said CFO Sink.

CFO Sink Congratulates Publix on “Top Brand” Recognition

Tue, 19 Jan 2010 18:19:46 GMT

“It is essential that we continue to support entrepreneurs and businesses in Florida, so that more businesses are attracted to our state and are able to grow and flourish as Publix has,” said CFO Sink.

Business Knows Best: CFO Sink Saves $12 Million in Risk Management

Tue, 19 Jan 2010 17:11:57 GMT

Florida CFO Alex Sink today announced $12 million in taxpayer savings from applying private-sector business practices to Florida’s risk management.

CFO Sink Encourages Homeowners to Check Sinkhole Coverage

Fri, 15 Jan 2010 17:27:42 GMT

Florida CFO Alex Sink is urging Hillsborough County and surrounding county homeowners to check their homeowner insurance policy for sinkhole coverage in light of this week’s sinkhole activity in the area. Florida has more sinkholes than any other state, and in the past five days, the Hillsborough County area has seen nearly 22 sinkholes open up that have caused significant impacts on residents, especially those traveling on the I-4 corridor.

Race to the Top Education Reforms Should Benefit Florida Students & Schools

Thu, 14 Jan 2010 20:27:32 GMT

Following the filing of Florida's application for millions in education funding through Race to the Top grants, Florida CFO Alex Sink highlighted her steps to bring together school superintendents, teachers and the Florida Department of Education in the week leading up to the final grant approval in the hopes of providing Florida's students with the best education possible. CFO Sink also urged the Obama Administration to fund Florida's full application, given the urgent need for a strong education system to grow Florida's economy.

CFO Sink Names John Askins as New Division of Insurance Fraud Director

Wed, 13 Jan 2010 20:34:14 GMT

Florida CFO Alex Sink today announced the appointment of John Askins as the new Director of the Division of Insurance Fraud, the accredited law enforcement Division of the Department of Financial Services responsible for investigating insurance fraud. Askins has 30 years of experience working for the Division of Insurance Fraud, and returns to the Division effective tomorrow after retiring in 2008.

CFO Sink Statement on Earthquake in Haiti

Wed, 13 Jan 2010 16:56:36 GMT

Florida CFO Alex Sink today released the following statement regarding the January 12 earthquake in Haiti.

CFO Sink Visits Jacksonville to Talk Small Business Job Creation

Mon, 11 Jan 2010 20:02:46 GMT

Florida CFO Alex Sink held a small business roundtable focused on job creation in Jacksonville today with 14 small business owners and community partners.

R. Jai Gillum Appointed to Florida Commission on the Status of Women by CFO Sink

Mon, 11 Jan 2010 18:32:37 GMT

Florida CFO Alex Sink today announced her appointment of R. Jai Gillum to the Florida Commission on the Status of Women. Gillum, who began her term on January 1, 2010 and will serve until December 31, 2013, is 31 years old and the youngest woman currently on the commission.

CFO Sink Offers Heating Safety Tips as Florida Faces Freezing Temps

Fri, 08 Jan 2010 18:00:06 GMT

As Floridians across the state face freezing cold temperatures, CFO and State Fire Marshal Alex Sink today offered fire safety precautions to take when families use their space heaters, wood burning stoves and fireplaces. According to the National Fire Prevention Association, heating equipment is the leading cause of home fires in the nation during the months of December, January and February.

CFO Sink’s Consumer Specialists Recover $22 Million for Floridians in 2009

Fri, 08 Jan 2010 15:32:48 GMT

Florida CFO Alex Sink today announced that her Department of Financial Services helped recover over $22 million for Florida’s insurance consumers in 2009. With CFO Sink’s leadership and businesslike approach, her Division of Consumer Services has annually increased its effectiveness in helping Floridians get the money they’re owed back from insurance companies.

CFO Sink Offers Helpful Money Management Tips to Help Keep New Year’s Resolutions

Wed, 30 Dec 2009 19:00:56 GMT

With a new year around the corner, many Floridians will be making resolutions to improve their lives. Florida CFO Alex Sink recommends including resolutions to take control of your family’s finances and better manage your money.

CFO Sink Calls Foreclosure Order “Important Step” to Help Florida Homeowners

Mon, 28 Dec 2009 20:21:01 GMT

Florida CFO Alex Sink today commended the Florida Supreme Court order recommending a statewide managed mediation program for Florida’s homeowners. Given her previous work to aid Floridians struggling with foreclosure, CFO Sink was tapped by Chief Justice Peggy Quince to provide a delegate on the Task Force that developed these recommendations.

CFO Sink Statement on Christmas

Thu, 24 Dec 2009 15:56:58 GMT

Florida CFO Alex Sink today released the following statement in observance of Christmas:

“I offer my warmest wishes to Floridians as they gather with family and friends to celebrate Christmas tomorrow, and wish them a blessed and joyful Christmas Day. In the spirit of the Christmas Season, it’s important that we unite as Floridians to serve our communities and those in need. I also thank the brave men and women in uniform who cannot be home with their families during the holidays for their sacrifice.”

Ft. Myers Bail Bond Agency Owner Arrested for Hiring Convicted Felon

Wed, 23 Dec 2009 21:55:39 GMT

Florida CFO Alex Sink today announced the arrests of Melody Celec, owner of A Way Out Bail Bonds, and Jamie Ramirez, her employee, after it was discovered that Ramirez had a previous felony conviction, yet was working at the Ft. Myers bail bond agency. CFO Sink’s Division of Insurance Fraud arrested Ramirez on Monday for working in a bail bond agency with a felony conviction and arrested Celec last week for knowingly employing a convicted felon.

Warranty Company Liquidated by Judge, All Remaining Policies Cancelled

Tue, 22 Dec 2009 15:36:00 GMT

A Circuit Court Judge has ordered the warranty company, Intercontinental Marine Service Corporation (IMSC), DBA First Warranty Group of Florida, into liquidation. The company, with approximately 10,000 in-force policies in Florida and other states, was originally placed in receivership for purposes of rehabilitation in July 2009, with the Department of Financial Services as the receiver.

CFO Sink Talks about Solutions for Homeowners at Florida Housing Help Roundtable

Fri, 18 Dec 2009 16:00:36 GMT

Florida CFO Alex Sink today highlighted two initiatives she started to bring real, tangible help to Florida homeowners facing foreclosure, and heard from local leaders and community groups who are on the frontlines of tackling the state’s housing crisis.

CFO Sink Unveils New Online Help Center for Florida’s Insurance Consumers

Fri, 18 Dec 2009 14:38:05 GMT

Florida CFO Alex Sink today unveiled a new online help center for Florida’s insurance consumers, allowing Floridians to submit their insurance questions and complaints electronically.

CFO Sink Statement on State Farm Staying in Florida

Wed, 16 Dec 2009 16:20:06 GMT

Florida CFO Alex Sink today released the following statement after the announcement of State Farm’s settlement with the Florida Office of Insurance Regulation to stay in Florida:

CFO Sink Commends Signing of Rail Legislation

Wed, 16 Dec 2009 15:55:33 GMT

Florida CFO Alex Sink today released the following statement after Governor Charlie Crist’s signing of the rail bill passed during special session:

CFO Sink Recommends Investigation by Governor Crist’s Ig into Dot Email Activity

Tue, 15 Dec 2009 20:54:21 GMT

Florida CFO Alex Sink today sent a letter to Governor Charlie Crist recommending that he initiate an investigation by his Chief Inspector General into the conduct of the Department of Transportation employees who sent state emails using code words.

CFO Sink Continues Push for Federal Investment in Rail for Florida

Mon, 14 Dec 2009 17:23:48 GMT

Florida CFO Alex Sink sent a letter to Federal Railroad Administrator Joseph C. Szabo late last week, urging that Florida receive the requested federal funds for the state’s rail projects. In October, CFO Sink met personally with Administrator Szabo on the eve of the rail application deadline to advocate for these funds.

CFO Sink Statement on Beginning of Hanukkah

Fri, 11 Dec 2009 21:53:35 GMT

Florida CFO Alex Sink today released the following statement in observance of Hanukkah beginning this evening

Tampa-area Senior Helps Catch Convicted Scammer in Undercover Sting

Thu, 10 Dec 2009 20:44:16 GMT

Florida CFO Alex Sink today announced the arrest of Randolph Kahl-Winter, a previously convicted senior scammer, after a vigilant Tampa-area senior tipped off investigators and participated in an undercover sting operation.

CFO Sink Commends Passage of Rail Legislation

Wed, 09 Dec 2009 16:38:24 GMT

Florida CFO Alex Sink today released the following statement following the Florida Legislature’s passage of the rail bill heard in special session.

CFO Sink Continues Push for Real Pension Fund Reform

Tue, 08 Dec 2009 23:50:41 GMT

TALLAHASSEE— Florida CFO Alex Sink’s proposal to improve the oversight of the state’s pension fund and protect Floridians’ retirement security was blocked today during a meeting of the State Board of Administration (SBA). Governor Crist and Attorney General McCollum refused to vote for recommending that the Legislature change the membership of the Board to strengthen oversight of the state’s $110 billion pension fund and other investment funds.

People’s Trust MGA to Pay Penalty, Alert Consumers in Settlement Reached with CFO Sink

Tue, 08 Dec 2009 21:58:57 GMT

Florida CFO Alex Sink announced that People’s Trust Insurance’s Managing General Agent (MGA) will pay $100,000 and contact customers who may not have purchased insurance from a licensed agent, based on the terms of a settlement agreement with the Department of Financial Services finalized today. In March 2009, CFO Sink’s Department of Financial Services took legal action against People’s Trust MGA, LLC charging that they had used unlicensed personnel to market and sell homeowners insurance.

CFO Sink Statement in Honor of Pearl Harbor Remembrance Day

Mon, 07 Dec 2009 21:06:31 GMT

Florida CFO Alex Sink today released the following statement in remembrance of the December 7, 1941, attacks on Pearl Harbor:

State Fire Marshal Sink Invites Public to Comment on Bureau of Fire and Arson Investigations Standards

Mon, 07 Dec 2009 19:35:09 GMT

Florida State Fire Marshal and CFO Alex Sink today invited agency members and the general public to comment on standards proposed by her Bureau of Fire and Arson Investigations as part of their triennial Commission for Florida Law Enforcement Accreditation (CFA) accreditation review. CFA accreditation is voluntary but signifies an achievement of professional excellence.

CFO Sink Statement on the Passing of Senator Paula Hawkins

Fri, 04 Dec 2009 18:18:05 GMT

Florida CFO Alex Sink today released the following statement in remembrance of U.S. Senator Paula Hawkins.

Orlando Agent Barred by CFO Sink Found Guilty for Insurance Fraud Scheme

Fri, 04 Dec 2009 14:38:12 GMT

Florida CFO Alex Sink today announced that an Orlando insurance agent she ordered barred for life from transacting insurance in Florida in August has been sentenced for third-degree felony grand theft after he submitted fraudulent insurance applications for family members and phantom employees in order to collect sales commissions.

CFO Sink Busts Jacksonville Insurance Agent for Hundreds of Fraudulent Applications

Thu, 03 Dec 2009 20:28:37 GMT

Florida CFO Alex Sink announced today that her Division of Insurance Fraud arrested Jacksonville insurance agent Kathren Zaazouh on two counts of insurance fraud. Zaazouh allegedly submitted approximately 225 bogus insurance applications and pocketed almost $46,000 in advance commissions. She faces a maximum sentence of up to 30 years in prison if convicted.

CFO Sink Pushes for Stronger Pension Fund Oversight at Investment Advisory Council

Thu, 03 Dec 2009 17:52:34 GMT

Florida CFO Alex Sink presented her three proposals to improve the oversight of the state’s pension fund and protect Floridians’ retirement security at a meeting of the Investment Advisory Council (IAC) this morning. For nearly two years, CFO Sink has recommended reforms to strengthen the transparency, accountability and oversight of the state’s $110 billion public pension fund and other investment funds managed by the State Board of Administration (SBA).

CFO Sink Commends Leaders Headed to Copenhagen, Calls for Bringing Green Jobs Back to Florida

Wed, 02 Dec 2009 17:38:18 GMT

Florida CFO Alex Sink today commended the 25-person strong delegation from Florida attending the United Nations Climate Change Conference in Copenhagen this month. CFO Sink also called on the diverse delegation of leaders from the private and public sectors to seek out opportunities to grow Florida’s new energy economy during their trip.

CFO Sink Opens Storm Line for Severe Weather in North Florida

Wed, 02 Dec 2009 17:23:55 GMT

Florida CFO Alex Sink announced today that she is activating her Department of Financial Services’ Storm Line, 1-800-22-STORM, to assist Floridians if their homes, businesses or vehicles are damaged by the severe weather front passing through the Panhandle of Florida today.

CFO Sink Joins Call to Postpone House Meetings until Monday

Tue, 01 Dec 2009 18:51:03 GMT

Florida CFO Alex Sink released the following statement requesting that House Speaker Larry Cretul modify the House Calendar for the upcoming special session, joining the call in a letter sent today from Leaders Franklin Sands and Geraldine Thompson.

Legal Review Confirms CFO Sink Pension Fund Oversight Reform Can Be Done with Legislative Change

Mon, 30 Nov 2009 19:04:16 GMT

Florida CFO Alex Sink today released an analysis from former Florida Supreme Court Justice Major Harding affirming that CFO Sink’s proposal to strengthen the oversight of the state’s $110 billion pension fund can be accomplished solely by a legislative change.

CFO Sink Announces over $1 Million in Savings with "Going Green, Saving Green" Paperless Efforts

Mon, 23 Nov 2009 18:21:36 GMT

Florida CFO Alex Sink today announced that her Department of Financial Services has realized over $1 million in savings for Florida’s taxpayers by launching numerous paperless efforts. Overall, CFO Sink's Department has cut print volume in half since 2007. CFO Sink highlighted some of the “Going Green, Saving Green” efforts and unveiled a new legislative proposal to require electronic payments, in an attempt to cut costs and modernize government actions.

CFO Sink Commends Hillsborough County Schools for $100 Million Grant Award

Thu, 19 Nov 2009 22:20:14 GMT

Florida CFO Alex Sink today commended Hillsborough County Public School Superintendant MaryEllen Elia after it was reported that Hillsborough County schools will receive a $100 million grant from the Bill & Melinda Gates Foundation.

CFO Sink Names Tammy Teston as New Chief of Staff

Thu, 19 Nov 2009 19:06:17 GMT

Florida CFO Alex Sink announced today that Tammy Teston will be taking over as Chief of Staff for the Department of Financial Services, effective January 2010. Teston currently serves as Deputy Chief Financial Officer for the Department. Current Chief of Staff Jim Cassady will remain in the position until January for purposes of transition.

CFO Sink Calls on Legislature to Use More Federal Funds for Unemployment Compensation

Wed, 18 Nov 2009 20:25:35 GMT

Florida CFO Alex Sink today called on the Florida Legislature to qualify Florida for more eligible federal economic recovery funds after the Department of Revenue said unemployment compensation taxes paid by the state’s businesses are set to otherwise skyrocket in 2010.

CFO Sink Sweeps Jobsites to Protect Florida Workers, Cracks down on 55 Employers

Wed, 18 Nov 2009 20:18:26 GMT

Florida CFO Alex Sink today announced that her Division of Workers’ Compensation has completed a statewide sweep of construction and non-construction industries, interviewing more than 900 employers and employees at hundreds of jobsites across Florida. The sweep cracked down on 55 employers who were violating worker’ compensation laws, issuing stop work orders to the employers for violations such as failing to provide coverage, under-reporting payroll, and misclassifying job duties.

CFO Sink Names Daniel Fasciano as New Director of Treasury

Mon, 16 Nov 2009 17:31:48 GMT

Florida CFO Alex Sink announced the appointment of Daniel Fasciano as the new director of the Division of Treasury in the Department of Financial Services, which oversees the State of Florida’s financial assets. Fasciano is a seasoned institutional fixed income director with a strong performance record at globally recognized finance and investment firms. CFO Sink also commended the decades of exceptional public service by retiring Treasury Director Bruce Gillander.

CFO Sink Encourages Floridians to Learn More about Senior Protection during National Caregivers Month

Fri, 13 Nov 2009 17:04:15 GMT

Florida CFO Alex Sink today encouraged Floridians to recognize National Family Caregivers Month by learning more about protecting seniors from financial fraud. Citizens can get more information either by visiting FLseniors.net or by attending one of CFO Sink’s Safeguard Our Seniors forums being held this month around the state by her Department of Financial Services.

On Veterans Day, CFO Sink Honors Those Who Bravely Served

Tue, 10 Nov 2009 20:32:07 GMT

Florida CFO Alex Sink encouraged citizens to participate in local Veterans Day activities tomorrow to honor the brave men and women who so proudly served our country.
CFO Sink recently offered a resolution to the Florida Cabinet to commemorate the contributions of current and former members of the United States Armed Forces. Tomorrow she will visit with veterans and thank them for their service at the Baldomero Lopez Veterans’ Nursing Home in Land O’ Lakes.

CFO Sink Briefed on Tropical Storm Ida at National Hurricane Center

Mon, 09 Nov 2009 20:31:55 GMT

Florida CFO and State Fire Marshal Alex Sink today visited the National Hurricane Center in Miami to receive a briefing from National Hurricane Center Director Bill Reid on Tropical Storm Ida.

CFO Sink Opens up Her 1-800 Storm Line in Advance of Tropical Storm Ida Landfall

Mon, 09 Nov 2009 18:07:08 GMT

Florida CFO Alex Sink announced today that her Department of Financial Services’ Storm Line, 1-800-22-STORM, has been activated to assist Floridians if homes, businesses or vehicles receive damage from Tropical Storm Ida.

CFO Sink Visits with Workers after Helping Keep Their Much-needed Jobs in Hialeah

Thu, 05 Nov 2009 18:09:30 GMT

Sink Meets with Ascendant Commercial Insurance, Inc. Employees and Their Families

CFO Sink Takes Lead on Encouraging Small Business Lending, Commends Fdic Changes

Thu, 05 Nov 2009 15:38:28 GMT

Florida CFO Alex Sink today announced specific steps she has taken to encourage more small business lending in Florida and help create jobs in the state. CFO Sink outlined her plans to support small business lending on a conference call less than two weeks ago.

CFO Sink Applauds Division of Insurance Fraud Work on "Mortgage Fraud Surge"

Wed, 04 Nov 2009 13:56:30 GMT

Florida CFO Alex Sink today commended the contributions of her Division of Insurance Fraud in the “Mortgage Fraud Surge”, a nine-month joint effort with the U.S. Attorney Brian Albritton, the FBI and numerous other federal, state and local law enforcement agencies to secure as many mortgage-fraud related indictments and arrests as possible.

CFO Sink Supports Suit against Internet Travel Companies

Tue, 03 Nov 2009 18:11:38 GMT

Florida CFO Alex Sink today issued the following statement in support of Attorney General Bill McCollum’s suit against Expedia and Orbitz for their failure to remit money back to the state:

CFO Sink Calls for Better Protections against Abusive Debt Collectors, Brings Together Offices Involved

Tue, 03 Nov 2009 13:46:13 GMT

Florida CFO Alex Sink today called for changes that would create better protections for Floridians against abusive debt collectors and make it easier for citizens to report unlawful behavior.

Judge Approves Plan to Offer Renewal Coverage to American Keystone Policyholders

Fri, 30 Oct 2009 20:20:33 GMT

Florida CFO Alex Sink announced today that the court has approved the transition plan filed by the Department of Financial Services to offer renewal policies to most homeowners currently insured with Ponte Vedra–based American Keystone Insurance Company, which was ordered into receivership for the purpose of liquidation earlier this month. A majority of the homeowners insured with American Keystone will be offered coverage with Homeowners Choice Property and Casualty Insurance Company.

CFO Sink Applauds Opening of Solar Energy Center, Welcomes $200 Million in Federal Funding for Florida

Tue, 27 Oct 2009 16:17:20 GMT

Florida CFO Alex Sink today welcomed the news that a $200 million grant will go to Energy Smart Florida for the installation of 2.6 million smart meters in homes and the installation of advanced monitoring systems in grid substations. CFO Sink commended President Obama for his commitment to new energy and his visit for the opening of Florida’s DeSoto Next Generation Solar Energy Center, the nation’s largest solar photovoltaic plant.

Sold! CFO Sink’s Unclaimed Property Auction Nets Record $1.24 Million

Mon, 26 Oct 2009 20:18:16 GMT

TALLAHASSEE — Florida CFO Alex Sink’s Bureau of Unclaimed Property continued its record-setting pace this weekend by netting over $1.24 million at the annual Unclaimed Property Auction held Saturday in Ft. Lauderdale. This is the most ever garnered by Florida’s Bureau of Unclaimed Property at the annual auction. CFO Sink’s push in the week leading up to the Unclaimed Property Auction also helped return to people a staggering $7.23M through over 20,000 accounts in just seven days.

CFO Sink Supports Small Business Lending Initiative to Help Create Jobs in Florida

Fri, 23 Oct 2009 19:12:25 GMT

Florida CFO Alex Sink today discussed the potential impact of the White House’s Small Business Lending Initiative on Florida’s economy during a conference call with business reporters. According to the US Small Business Administration, over 91% of all employers in the State of Florida are small businesses.

CFO Sink Announces Arrest of Boynton Beach Man for Staged Car Accident

Fri, 23 Oct 2009 18:42:54 GMT

TALLAHASSEE—Florida CFO Alex Sink today announced the arrest of Boynton Beach resident Fedely Esterlin, 34, for Insurance Fraud and Grand Theft after he presented a false insurance claim after a vehicle crash. He was booked into the Palm Beach County Jail Tuesday afternoon and, if convicted, faces up to 10 years in prison.

CFO Sink Offers Tips to Fight Id Theft during National ‘Protect Your Identity Week’

Mon, 19 Oct 2009 19:40:15 GMT

Florida CFO Alex Sink today encouraged Floridians to protect their identity as part of National Protect Your Identity Week held October 17-24, 2009. Identity thieves steal Social Security numbers, credit card and bank account numbers and other personal information to open bank and credit card accounts, secure car loans and more. Even if a victim doesn’t lose money, they can suffer financial difficulty and frustration from ruined credit ratings.

CFO Sink Talks about Solutions for Homeowners at Housing Help Roundtable

Mon, 19 Oct 2009 15:15:07 GMT

Florida CFO Alex Sink today highlighted two initiatives she started to bring real, tangible help to Florida homeowners facing foreclosure, and heard from community groups and homeowners who are on the frontlines of tackling the state’s housing crisis.

CFO Sink Announces Third Arrest of Public Adjuster for Preying on Seniors

Fri, 16 Oct 2009 17:54:31 GMT

Florida CFO Alex Sink today announced the third arrest this year of a South Florida public adjuster accused of bilking three senior citizens out of more than $100,000 in insurance compensation that was supposed to be spent to repair the victims’ homes. Two of the victims are from Broward County and one is from Miami-Dade. CFO Sink’s office is also seeking to revoke the scammer’s public adjuster license.

American Keystone Insurance Company Ordered into Receivership for Liquidation

Mon, 12 Oct 2009 19:01:53 GMT

Leon County Circuit Court Judge John C. Cooper has ordered American Keystone Insurance Company based in Ponte Vedra Beach into receivership for the purpose of liquidation. The Florida Department of Financial Services is appointed Receiver.
Floridians who have homeowners insurance with American Keystone should immediately contact their insurance agent to secure coverage with a new company. All policies will be cancelled effective 11:59 p.m. on November 8, 2009, unless otherwise terminated prior to that date.

CFO Sink Announces Second Arrest of Miami Agent for Stealing $14 Million with Fake Insurance Contracts

Thu, 08 Oct 2009 20:12:07 GMT

Florida CFO Alex Sink announced today that her Division of Insurance Fraud (DIF) arrested a Miami insurance agent for the second time in less than a month for stealing more than $14 million by submitting thousands of fraudulent premium finance contracts for fictitious policyholders. Peris also had his insurance licenses suspended by CFO Sink’s Department of Financial Services.

County Champion Award Presented to CFO Sink

Thu, 08 Oct 2009 18:21:02 GMT

This week Florida CFO Alex Sink was presented with the County Champion Award by the Florida Association of Counties (FAC). The award is presented to select state leaders who champion issues and policies that support local government and preserve home rule.

CFO Sink Calls for Recommendation of SBA Reforms, Plans to Attend Investment Advisory Council Meeting

Wed, 07 Oct 2009 16:06:11 GMT

Florida CFO Alex Sink today sent a letter to Investment Advisory Council (IAC) Members outlining her three proposals to improve the oversight of the State Board of Administration (SBA) and protect Floridians’ retirement security. CFO Sink informed the IAC Chair that she plans to attend the IAC meeting in December to personally present her oversight reforms to the Council.

CFO Sink: Check for Unclaimed Property before Statewide Auction

Tue, 06 Oct 2009 14:36:29 GMT

Florida CFO Alex Sink today asked Floridians to check for unclaimed property prior to her Bureau of Unclaimed Property’s Statewide Auction, an annual sale of unclaimed safe deposit box contents turned over to the state. The auction, which is open to the public, will be held October 24, 2009, in Ft. Lauderdale at the Embassy Suites Hotel. In the last three months, CFO Sink’s Bureau of Unclaimed Property has reunited 67,270 citizens with a total of more than $41 million.

CFO Sink Urges Safety Steps during 2009 Fire Prevention Week

Mon, 05 Oct 2009 18:45:21 GMT

Florida CFO and State Fire Marshal Alex Sink today recognized Fire Prevention Week 2009 by asking Floridians to take the necessary steps to safeguard against fires. During Fire Prevention Week, October 4-10, 2009, State Fire Marshal officials are participating in events across the state focusing on promoting fire safety and prevention for Florida residents.

CFO Sink Promotes Florida to Federal Railroad Administrator on Eve of Application Deadline

Fri, 02 Oct 2009 13:41:00 GMT

Florida CFO Alex Sink met with Federal Railroad Administrator Joseph C. Szabo yesterday to advocate for Florida to receive federal funds for the state’s rail projects. The meeting fell on the eve of today’s application deadline for the billions of dollars in stimulus funds set aside for rail projects, that could mean up to 25,000 jobs for Floridians.

CFO Sink Announces Arrest, Confession of Church Arsonist

Thu, 01 Oct 2009 13:56:54 GMT

Florida CFO and State Fire Marshal Alex Sink today announced the arrest of Roderick Walker, 25, for the arson and burglary of the New Hope Missionary Baptist Church in Riviera Beach. Walker confessed to setting the fires, and faces up to twenty-five years in prison if convicted.

CFO Sink: Guilty Plea by Senior Scammer Shows Need for Better Protections

Wed, 30 Sep 2009 14:04:33 GMT

Florida CFO Alex Sink today reiterated her calls for Safeguard our Seniors legislation that would increase penalties against agents who defraud senior investors and establish better disclosures and protections, after a guilty plea by a Tampa Bay Area scammer resulted in no jail time.

CFO Sink’s Proposed SBA Oversight Reforms Delayed

Tue, 29 Sep 2009 17:23:03 GMT

Florida CFO Alex Sink today recommended reforms to strengthen and enhance the oversight of the state’s public pension fund, including a proposal to expand the Board of Trustees, but her motions were delayed until December by the other two members of the SBA Board, Governor Crist and Attorney General McCollum.

CFO Sink Sends Letter to Governor Calling for Timely Action on Clemency Errors

Mon, 28 Sep 2009 17:32:35 GMT

Florida CFO Alex Sink today sent a letter to Governor Crist urging him to convene a meeting of the Clemency Board during the October 13 Cabinet meeting in order to take corrective action on the errors that allowed thirteen ex-offenders to wrongfully be granted restoration of their civil rights.

CFO Sink Returns $1.2 Million to Delray Beach Seniors Scammed out of Life Savings

Mon, 28 Sep 2009 17:29:21 GMT

Florida CFO Alex Sink today announced the refund of more than $1.2 million to four Florida seniors scammed into buying inappropriate equity indexed deferred annuities that earned a Delray Beach insurance agent thousands of dollars in commissions while leaving the victims without access to their life savings.

CFO Sink Announces Arrest of Escambia County Man for Insufficient Workers’ Comp Coverage

Wed, 23 Sep 2009 13:38:54 GMT

“Injured workers can face devastating medical bills and serious financial hardship if their employers aren’t properly covered,” said CFO Sink. “I commend our Insurance Fraud investigators for exposing this criminal activity, and will continue to enforce compliance to make sure that all Floridians are protected on the job.”

CFO Sink Statement on Rosh Hashanah

Fri, 18 Sep 2009 21:10:35 GMT

“I join all Floridians in offering best wishes as our state’s vibrant Jewish community celebrates Rosh Hashanah, the new year. I hope these High Holy Days will be a joyous time for all Floridians who are joining with friends and families to rejoice and reflect. May this new year bring happiness and health. L’Shanah tovah.”

State Fire Marshal Sink Announces 4th Annual Volunteer Firefighter Training

Thu, 17 Sep 2009 18:35:30 GMT

Florida CFO and State Fire Marshal Alex Sink today announced that volunteer firefighters from throughout the state will gather this weekend at Northwest Florida State College in Niceville for the 4th Annual Florida Volunteer Firefighter Weekend.

CFO Sink Challenges Trustees to Consider Reforms for Improved SBA Oversight

Tue, 15 Sep 2009 17:48:19 GMT

“As one of the SBA’s three trustees, and the only current trustee with prior business experience, I have long argued that it requires more than three elected officials meeting twice-a-month for fifteen minutes to oversee a $100-billion fund that our police officers, teachers and other state employees depend on for a secure retirement,” said CFO Sink. “I am eager for all the Trustees to review this study in-depth and consider reforms that provide better oversight and accountability over the actions of the SBA.”

CFO Sink Announces Arrest of Gadsden County Man for Attempted Murder and Arson

Tue, 15 Sep 2009 17:42:05 GMT

“Arson is a serious crime that puts innocent citizens and rescue personnel at great risk, and this particular arrest shows just how destructive arson can be” said State Fire Marshal Sink. “I commend the SFM detectives, who have diligently worked this case and were able to take a violent criminal off the streets.”

David J. Grain Appointed to SBA Investment Advisory Council

Tue, 15 Sep 2009 14:03:15 GMT

The State Board of Administration (SBA) Board of Trustees, comprised of Florida CFO Alex Sink, Governor Charlie Crist and Attorney General Bill McCollum, today approved David J. Grain as the newest member to serve on the SBA’s Investment Advisory Council.

CFO Sink Files Charges against Haines City Funeral Home Owners for Improper Burial of Organs

Fri, 11 Sep 2009 21:05:46 GMT

Florida CFO Alex Sink announced that the Department of Financial Services issued administrative charges today against Haines City-based Holmes Funeral Directors, Inc., as well as the funeral director in charge and an additional funeral director and embalmer, for a range of violations including improperly preserving and burying internal body organs.

K-9 “Jordan” Newest Member of State Fire Marshal Team

Fri, 11 Sep 2009 15:23:21 GMT

“Jordan is the first K-9 with our Bureau of Fire and Arson Investigations to receive certification in the Explosives Detection Canine Team and will be a great addition to our K-9 team located throughout the state,” said CFO Sink.

CFO Sink: Racketeering Pastor Faces New Charges after Continuing Crimes behind Bars

Wed, 09 Sep 2009 15:21:14 GMT

Florida CFO Alex Sink today announced that former Jensen Beach Pastor Rodney McGill, who was originally arrested for mortgage fraud in September 2008 after an investigation by CFO Sink’s Division of Insurance Fraud (DIF) and the Office of Financial Regulation (OFR), now faces an additional Grand Theft charge for allegedly continuing his criminal activity while detained in the Martin County Jail.

CFO Sink Saves Jobs, Protects Consumers after Insurance Company Liquidated

Thu, 03 Sep 2009 20:14:34 GMT

Florida CFO Alex Sink announced today that the Department of Financial Services has saved more than 100 jobs and protected approximately 15,000 Florida policyholders by successfully negotiating a transition plan for the policyholders of First Commercial Insurance Company (FCIC) and First Commercial Transportation and Property Insurance Company (FCTPIC).

CFO Sink Pulls Plug on Cell Phones and Blackberries, Saves $210,000 Annually

Thu, 03 Sep 2009 15:19:43 GMT

Florida CFO Alex Sink today announced that her department will realize savings of $210,209 in state-paid annual wireless costs by implementing the recommendations of her Wireless Communications Cost Efficiency Team’s report. CFO Sink’s cost-cutting measures represent a 37% reduction in annualized costs for cell phones, BlackBerries, and air cards.

CFO Sink Urges Floridians to Participate in ‘national Preparedness Month’

Tue, 01 Sep 2009 19:23:08 GMT

“With the 2009 Hurricane Season in full swing, it’s imperative that Floridians have a safety plan in place to protect our homes and families from devastation, as well as a plan to protect important financial documents and expedite recovery after any type of emergency,” said CFO Sink.

State Fire Marshal Sink Announces Arson Arrest for Hialeah Kitchen Fire

Fri, 28 Aug 2009 21:34:20 GMT

Florida CFO and State Fire Marshal Alex Sink today announced the arrest of a Hialeah woman who has been charged with arson and insurance fraud for intentionally setting fire to her kitchen and submitting fraudulent insurance claim.

CFO Sink Announces Arrest of Lawyer for Stealing Nearly $500,000 in Insurance Settlements

Thu, 27 Aug 2009 19:33:29 GMT

Florida CFO Alex Sink today announced the arrest of a West Palm Beach lawyer who allegedly pocketed nearly $500,000 of his clients’ insurance claims settlements.

CFO Sink Announces Arrests of Four for Staged Auto Accident in Miami

Thu, 27 Aug 2009 13:47:45 GMT

Florida CFO Alex Sink today announced the arrests of four individuals in Miami who allegedly staged a motor vehicle accident and filed approximately $60,000 in fraudulent claims for false injuries.

Fired ‘Front Porch’ Liaison Found Guilty after Being Investigated by CFO Sink’s Office of Fiscal Integrity

Thu, 27 Aug 2009 13:45:10 GMT

Florida CFO Alex Sink today commended the work of her department’s Office of Fiscal Integrity for their role in a joint investigation that led to the conviction of Thelma Manley, former community liaison for Front Porch Pensacola, on four counts of grand theft and one count of racketeering.

CFO Sink Shuts down Companies for Selling Unauthorized Health Insurance

Wed, 26 Aug 2009 19:16:08 GMT

Florida CFO Alex Sink announced today that she has filed an Immediate Final Order (IFO) against Depawix Health Resources, Inc., Peck & Peck, Inc. (also known as Green Cross Managed Health System), and Smart Service, Inc. for soliciting and selling unauthorized health insurance in Florida.

First Commercial Insurance Company and Subsidiary Ordered into Liquidation

Wed, 26 Aug 2009 18:46:59 GMT

Leon County Circuit Court Judge Charles A. Francis has ordered Miami-based First Commercial Insurance Company (“FCIC”) and its wholly owned subsidiary, First Commercial Transportation and Property Insurance Company (“FCTPIC”), into liquidation.

CFO Sink Pushes for ‘Alligator Teeth’ in Senior Scam Laws

Mon, 24 Aug 2009 17:01:48 GMT

Florida CFO Alex Sink today announced her continued pursuit of stronger penalties against unscrupulous insurance agents who defraud senior investors.

CFO Sink Activates DFS Storm Line for Victims of Tropical Storm Claudette

Mon, 17 Aug 2009 16:42:30 GMT

Florida CFO Alex Sink today announced that the state storm line has been activated to assist Floridians whose homes, businesses or vehicles were damaged by Tropical Storm Claudette as it passed through the Gulf and into the Florida Panhandle. Florida residents who have questions or need help filing a claim can call CFO Sink’s Storm Line at 1-800-22-STORM.

CFO Sink Attends Emergency Meeting in Ocala, Commits Help for 1,000 New Floridians out of Work

Fri, 14 Aug 2009 19:43:15 GMT

“Ocala’s economic recovery is vital to rebuilding our state’s economic foundation and I have pledged to do everything I can to bring attention and help to the region,” said CFO Sink.

CFO Sink Launches Spanish Language Version of ‘florida Housing Help Web Site

Fri, 14 Aug 2009 17:56:07 GMT

Florida CFO Alex Sink today launched a Spanish language version of her ‘Florida Housing Help’ web site, which offers extensive resources for Florida homeowners, including help to prevent foreclosure and mortgage fraud and details about Housing Help workshops across Florida.

CFO Sink Announces Significant Increase in Completed Funeral and Cemetery Investigations

Fri, 14 Aug 2009 15:37:17 GMT

Florida CFO Alex Sink announced today that her Department of Financial Services’ Division of Funeral, Cemetery and Consumer Services has recorded 30 investigations completed and presented for disciplinary action to the probable cause panel of their Board for the first half of this year, compared to just 4 in the same time period in 2008. This increase reflects CFO Sink’s commitment to strong enforcement and protection for Floridians.

CFO Sink Announces Daniel Y. Sumner Fellowship in Law and Public Policy

Thu, 13 Aug 2009 20:28:36 GMT

“I can think of no better way to honor Dan Sumner’s dedication to public service and his work for the people of Florida than to help cultivate more public servants just like him,” said CFO Sink. “I am excited to work with the University of Florida and each new Sumner fellow to introduce government service to our future generation of leaders.”

CFO Sink’s New Workers Comp Whistle-blower Site Already Producing Big Results

Tue, 11 Aug 2009 18:12:06 GMT

Florida CFO Alex Sink today announced that her new workers comp whistle-blower website which allows citizens to submit referrals of alleged violations of workers compensation rules has already produced hundreds of new complaints and over $500,000 in penalties since its launch less than two months ago.

Florida Cabinet Appoints Tom Cardwell as New Office of Financial Regulation Commissioner

Tue, 11 Aug 2009 16:32:45 GMT

“I have every expectation that Tom Cardwell will bring a strong enforcement mentality and responsible approach to the Office of Financial Regulation,” said CFO Sink. “His experience will help him lead OFR with the integrity and dedication Floridians deserve in these challenging economic times.”

CFO Sink, State Attorney Corey Announce Arrest of Scott Cates with Lee & Cates Glass for Insurance Fraud Scheme

Wed, 05 Aug 2009 15:11:35 GMT

Florida CFO Alex Sink and State Attorney Angela Corey today announced the arrests of Scott Cates, Vice President of Operations for Lee and Cates Glass, Inc., for Cates’ involvement in a scheme that resulted in over 1,300 fraudulent insurance claims. Scott Cates and Jennifer Lamunyon Cribb, a former employee of Lee and Cates Glass, were arrested today after investigators found that four Lee and Cates Glass, Inc. stores located in Jacksonville allegedly overbilled numerous insurance companies more than $540,000 on over 1,300 separate fraudulent insurance claims.

Going Once, Going Twice, Sold: Ft. Lauderdale Lands Statewide Unclaimed Property Auction This Fall

Mon, 03 Aug 2009 18:39:25 GMT

“We are so excited to bring this year’s Unclaimed Property Auction to Ft. Lauderdale this fall and, in the meantime, I encourage all Floridians to visit FLTreasureHunt.org and see what property they may have waiting,” said CFO Sink. “I am especially proud that in these tough economic times our Bureau of Unclaimed Property has been able to return record amounts through a diligent, proactive, and business-like approach to seeking owners and responding to citizens.”

CFO Sink Urges Self-employed Floridians to Buy, Review Health Insurance during August Open-enrollment

Mon, 03 Aug 2009 18:37:08 GMT

“This is critical information for self-employed Floridians because they are guaranteed coverage under Florida law, but only if they enroll this month,” said CFO Sink. “I am reaching out to our state’s small business owners, who are the backbone of Florida’s economy, and urging them to take advantage of this open-enrollment period.”

Roofing Company Owner Convicted of Workers’ Comp Fraud

Wed, 29 Jul 2009 16:33:07 GMT

Florida CFO Alex Sink today announced the conviction of Robert McDonald, owner of a well-known roofing company, on chargers of Workers’ Compensation Premium Fraud. McDonald, the owner and operator of Gulfstream Roofing, Inc. in Delray Beach, was found guilty of using fake construction companies to avoid paying $400,000 in workers’ compensation premiums.

State Fire Marshal Sink Announces Arson Arrest Following Illegal “Renovation” Plan

Thu, 23 Jul 2009 16:00:51 GMT

Florida CFO and State Fire Marshal Alex Sink today announced that a Hialeah man has been charged with first degree arson for intentionally setting fire to the kitchen of his home, causing over $100,000 in estimated damage, and submitting a false and fraudulent insurance claim. The man admitted to setting the fire with the intention of renovating his home with insurance money.

Racketeering Pastor Found Guilty

Thu, 23 Jul 2009 12:47:23 GMT

CFO Sink’s Two-Year Investigation of Jenson Beach Pastor Rodney McGill and his Wife Shalonda Results in Guilty Verdicts

CFO Sink’s Leadership Creates Dramatic Progress in Foreclosure Prevention for Volunteer Program

Wed, 22 Jul 2009 16:08:43 GMT

“Our state has been especially affected by the housing crisis, which is why I continue to work hard to find avenues to provide real, tangible help to Floridians facing the threat of foreclosure,” said CFO Sink. “I want to thank the thousands of lawyers and top Florida lenders that have stepped up to the plate. I am optimistic that the progress we’ve seen so far will continue and encourage even more success and more cooperation.”

CFO Sink’s Consumer Service Specialists Recover $11.5 Million in Six Months

Wed, 15 Jul 2009 14:50:40 GMT

Florida CFO Alex Sink announced today that her Division of Consumer Services has helped Floridians recover more than $11.5 million in the first six months of this year in claim payments and premium refunds, including one case that resulted in a $1.2 million payment on a consumer’s unpaid hospital claims.

CFO Alex Sink Congratulates A.L.Ex.- Academy of Leadership and Excellence Class of 2009

Fri, 10 Jul 2009 17:36:47 GMT

“I commend the A.L.Ex. class of 2009 for their academic achievement and their commitment to public service,” said CFO Alex Sink, who oversees the Department of Financial Services. “As a state, we need to do everything we can to encourage and mentor our young people, providing a pathway for public service and a lifetime of success.”

CFO Sink and Emergency Managers Urge 4th of July Fireworks Safety

Thu, 02 Jul 2009 14:59:47 GMT

“As we gather this Fourth of July weekend to celebrate America’s Independence, I urge Floridians and visitors to take the proper fire safety precautions to protect themselves and their loved ones,” said CFO Sink. “All fireworks can be dangerous, and that makes it all the more crucial that the public only use state approved fireworks for their celebrations.”

CFO Sink Urges Floridians to Be Prepared for Summer Road Travels

Thu, 02 Jul 2009 13:13:25 GMT

“In the excitement of planning for a trip, it can be easy to forget how important it is to make sure you have the insurance coverage you need,” said CFO Sink. “Reviewing your auto insurance policy should be part of your travel preparation checklist, just like changing your oil and checking your tires.”

As Kidcare Reforms Go into Effect, CFO Sink Urges Florida Families to Sign Up

Wed, 01 Jul 2009 18:32:30 GMT

“In these tough times, we should make it as easy as possible for Florida’s families to get their children the heath care they need,” said CFO Sink. “I am so pleased that we were able to finally remove the unnecessary barriers that made it difficult for Florida’s kids to be enrolled and stay enrolled in Healthy Kids, and urge Floridians to make sure their children are covered.”

Show Me the Money! CFO Sink’s Bureau of Unclaimed Property Doles out Record Millions

Wed, 01 Jul 2009 18:14:00 GMT

Florida CFO Alex Sink today announced that her Bureau of Unclaimed Property returned over $173 million in unclaimed property for the 2008-2009 Fiscal Year -- the largest amount in state history.

DHS Secretary Janet Napolitano & CFO Alex Sink Launch ‘United We Serve’ Initiative, Encouraging Community Service and Preparedness

Tue, 30 Jun 2009 15:15:29 GMT

Department of Homeland Security Secretary Janet Napolitano and Florida CFO Alex Sink today helped launch President Barack Obama’s ‘United We Serve’ initiative in Florida during a visit to the Orlando Emergency Operations Center.

CFO Sink’s Division of Insurance Fraud Brings a Five Year Old Fraud Case to a Halt

Tue, 30 Jun 2009 15:09:11 GMT

“Insurance fraud is a costly crime with serious consequences for businesses, communities, and consumers,” said CFO Sink. “I commend the diligent work of Detective Brian McCoy and all of the dedicated law enforcement professionals who worked to put this criminal behind bars.”

CFO Sink Praises Mayor Dyer & CSX for Extending Sunrail Negotiating Period

Tue, 30 Jun 2009 11:14:19 GMT

Florida CFO Alex Sink today commended Orlando Mayor Buddy Dyer for his announcement that SunRail is extending their negotiating period, keeping alive Central Florida’s aspirations for commuter rail.

CFO Sink Highlights Statewide Effort to Bring More Money to Florida Families

Thu, 18 Jun 2009 18:07:57 GMT

“This morning, too many Floridians woke up worried about getting their next paycheck or making their next mortgage payment,” said CFO Sink. “Fortunately, community organizations around Florida have come together in a collaborative effort to provide financial help and tools for struggling families, and I’m honored to be a part of this statewide coalition.”

CFO Sink Suspends Haines City Funeral Director’s License for Inappropriate Disposing of Remains

Thu, 18 Jun 2009 14:34:28 GMT

Florida CFO Alex Sink, who oversees Florida’s Board of Funeral, Cemetery, and Consumer Services, has ordered the emergency suspension of the license of a Haines City funeral home director accused of inappropriately disposing of remains.

CFO Sink Calls for Greater Efficiency, Emphasis on Transparency as SBA Revises Budget

Tue, 09 Jun 2009 18:24:07 GMT

Florida CFO Alex Sink today sent a letter to State Board of Administration (SBA) Director Ash Williams, providing direction and recommendation as the SBA updates their initial FY 2009-2010 SBA Budget Proposal.

CFO Sink Announces Arrests of Escambia Men Charged with Stealing Nearly Half a Million Dollars from Local School

Tue, 09 Jun 2009 14:52:44 GMT

“It is appalling that state funds intended for educating students in need were being diverted to these people’s commercial interests and even their own pockets,” said CFO Sink. “I applaud the diligent work of our Office of Fiscal Integrity, State Attorney William Eddins and the Escambia County School District, who were able to crack down on this theft and make sure state money was being used for the students of Florida.”

CFO Sink Announces Arrest of Jacksonville Agent for Issuing Fraudulent Insurance Policies, Pocketing Money

Fri, 05 Jun 2009 20:43:53 GMT

Florida CFO Alex Sink today announced that Julia Christina Hadley, Vice President of People’s Choice Insurance in Jacksonville, was arrested for the second time in two months on charges of diverting over $50,000 in an ongoing scheme to defraud insurance consumers.

CFO Sink Congratulates Productivity Award Recipients

Thu, 04 Jun 2009 21:01:01 GMT

“I am very proud to congratulate all of the Department of Financial Services recipients on their Davis Productivity Awards and I thank them for their innovations and achievements,” said CFO Sink.

CFO Sink Commends DFS Detective, Multi-agency Effort to Recover Mllions for Fraud Victims

Tue, 02 Jun 2009 21:09:25 GMT

Florida CFO Alex Sink today announced that due to the tireless efforts of her Department’s Division of Insurance Fraud (DIF) and a multi-agency effort, 27 victims of a nationwide workers’ compensation fraud will be provided with millions of dollars of restitution money.

CFO Sink Applauds Signing of Kidcare Reforms

Tue, 02 Jun 2009 15:47:29 GMT

“In these tough times, we should make it as easy as possible for Florida’s families to get their children the heath care they need,” said CFO Sink. “I commend the Florida Legislature and the Governor for finally removing the unnecessary barriers that made it difficult for Florida’s kids to be enrolled and stay enrolled in Healthy Kids.”

CFO Alex Sink Appoints New ‘Sunshine Attorney’ Showing Commitment to Open Government

Fri, 29 May 2009 14:14:37 GMT

“Floridians deserve a government that is open and accountable to them,” said CFO Sink. “I have made a commitment to transparency, and by naming Robyn Jackson as my new Sunshine Attorney, our Department will have one more way to be as open as possible to the people of Florida."

CFO Sink Unveils New Insurance Library as Part of Hurricane Preparedness Week

Thu, 28 May 2009 18:38:42 GMT

“Our online Insurance Library is a convenient place for Floridians to find useful information when making informed decisions regarding their family’s insurance needs, something especially important on the brink of hurricane season,” said CFO Sink.

CFO Sink Revokes License of Agent Who Was Misleading Seniors in Annuity Scam

Wed, 27 May 2009 15:42:28 GMT

“This is a perfect example of why I created the Safeguard our Seniors Task Force -- to develop solutions to better protect senior citizens from becoming victims of financial fraud," said CFO Sink.

CFO Alex Sink Recognizes Jacksonville Officer as ‘trooper of the Year’

Wed, 27 May 2009 13:20:59 GMT

“It is an honor to recognize Joshua Earrey as Florida’s Trooper of the Year,” said CFO Sink. “His public service serves as an example to every law enforcement officer and every citizen of our state. Because of his valuable work, Florida is a safer, better place to live.”

CFO Sink, AARP Join Other Groups to ‘create the Good,’ Help Neighbors, Communities Prepare for 2009 Storms

Wed, 27 May 2009 13:18:18 GMT

Florida CFO Alex Sink and AARP Florida State Director Lori Parham today joined state agency leaders, elder advocates and volunteer organizations in announcing a new initiative, Create The Good/Operation Hurricane Prepare, to encourage Floridians to help neighbors and communities get ready for the 2009 hurricane season.

State Plane Travel Logs Posted Online Following CFO Sink’s Recommendation for Greater Transparency

Thu, 21 May 2009 16:19:40 GMT

“The business of state government should be as open and transparent as possible, which is why I applaud the Department of Management Services’s decision to implement this recommendation and post details about each state plane flight online,” said CFO Sink. “

CFO Alex Sink Unveils 'Florida's Checkbook', Adds New Level of Transparency in Government Spending

Tue, 19 May 2009 16:58:08 GMT

“With the launch of Florida’s Checkbook, we’re taking government accountability and transparency to a new level, ensuring that every taxpayer has ready access to demand fiscal accountability,” said CFO Sink.

CFO Sink’s Investigators Catch Woman Trying to Steal Millions from Florida

Thu, 14 May 2009 18:36:50 GMT

Florida’s CFO Alex Sink today announced the arrest of Angella Muthoni Chegge-Kraszeski, 33, of Raleigh, North Carolina, for trying to defraud Florida in a failed attempt to steal millions from the state.

CFO Sink's Cabinet Motions Pass to Improve SBA Transparency and Oversight

Wed, 13 May 2009 18:13:30 GMT

“We need to be doing the business of the State Board of Administration in the sunshine, and I commend my fellow SBA Trustees for joining me in pushing for these reforms I proposed more than fourteen months ago,” said CFO Sink.

CFO Sink Calls for State Plane Travel Logs to Be Posted Online

Mon, 11 May 2009 18:39:48 GMT

“We have a responsibility to increase openness and transparency in Tallahassee, and making this travel information available to the public continues this commitment,” said CFO Sink.

CFO Sink Warns of Harm to Small Busnesses and State in Letter to Florida Congressional Delegation

Mon, 11 May 2009 13:15:19 GMT

Florida’s Chief Financial Officer Alex Sink sent a letter to every Member of Florida’s Congressional Delegation asking them to repeal a 3 percent withholding requirement on government contracts, which would be harmful for Florida’s small businesses and cost millions to implement in tight budget times.

CFO Sink Announces Arrests of 7 South Floridians on Charges of PIP Fraud

Fri, 08 May 2009 20:48:04 GMT

“Arrests like these send a strong message that PIP scams will not be tolerated in Florida,” said CFO Sink.

CFO Sink Sends Letter to SBA Director on Oversight Recommendations

Fri, 08 May 2009 14:56:41 GMT

Florida Chief Financial Officer Alex Sink sent a letter to State Board of Administration (SBA) Executive Director Ash Williams today asking that he discuss the status of the 10 recommendations the CFO proposed in 2008 to improve accountability and oversight of the SBA’s investments at the next Cabinet meeting.

CFO Sink, State Attorney Announce Arrest of Pensacola Man Charged with Fraudulently Obtaining Nearly $70,000

Thu, 07 May 2009 15:09:34 GMT

Florida Chief Financial Officer Alex Sink, together with William Eddins, State Attorney for the 1st Judicial Circuit of Florida, today announced the arrest of an Escambia County man charged with fraudulently obtaining nearly $70,000 in state funds that were intended for payment to local businesses for labor, services and materials provided in an affordable housing program.

CFO Sink Attends Ribbon Cutting of Consolidated Call Center, Saving Floridians Millions

Mon, 04 May 2009 20:38:57 GMT

“Floridians expect us to spend their money as wisely and efficiently as possible, and I will continue to lead by example in these tough economic times,” CFO Sink said. “With help from Department of Financial Services’ employees, we found smart operational efficiencies that will generate millions in taxpayer savings without compromising customer service..."

$14 Million Recovered by CFO Sink’s Insurance Consumer Specialists Last Year

Mon, 04 May 2009 14:37:52 GMT

Florida Chief Financial Officer Alex Sink announced today that assistance provided to Florida consumers by insurance consumer specialists in the Department of Financial Services led to the recovery of more than $14 million for Floridians in 2008.

STATE FIRE MARSHAL SINK ENCOURAGES FLORIDIANS TO PARTICIPATE IN ARSON AWARENESS WEEK

Mon, 04 May 2009 13:54:08 GMT

“As Florida’s State Fire Marshal, I commend the many men and women who have helped put together this year’s statewide events for Arson Awareness Week,” said CFO Sink. “I hope this week will demonstrate the dangerous consequences of arson and will help everyday Floridians become more aware of this costly crime.”

CFO Sink Calls for Funding of Inland Protection Trust Fund

Fri, 01 May 2009 13:41:24 GMT

“Adequately funding the Inland Protection Trust Fund is a smart investment -- it provides long term cost savings by avoiding the potential costs of contaminated drinking water,” said CFO Sink.

CFO Sink Commends Fl Senate for Passing Safeguard Our Seniors Legislation to Protect Seniors

Thu, 30 Apr 2009 19:23:07 GMT

“This legislation offers much-needed financial protections for our growing population of senior residents and tougher consequences for those who defraud our seniors, and I am pleased it passed in the Florida Senate,” said CFO Sink.

CFO Sink Urges Continuation of My Safe Florida Home Program with Existing Funds

Thu, 30 Apr 2009 18:48:39 GMT

“In these challenging economic times, a renewed commitment to hardening homes against hurricanes with the My Safe Florida Home program is a smart investment for Florida..." CFO Sink wrote.

CFO Sink Urges Support of Kidcare Legislation

Thu, 30 Apr 2009 18:29:00 GMT

“In these tough times, we should make it as easy as possible for Florida’s families to get their children the heath care they need,” said CFO Sink.

On Earth Day, CFO Sink’s Division of Legal Services Recognized for Environmental Awareness

Thu, 30 Apr 2009 15:59:20 GMT

To celebrate Earth Day 2009, Chief Financial Officer Alex Sink has announced that her Division of Legal Services has qualified as a Partner in the Law Office Climate Challenge sponsored by the American Bar Association (ABA) and the U.S. Environmental Protection Agency (EPA).

CFO Sink Restricts Lake Wales Funeral Home Director’s Activities after Decomposed Body Found

Wed, 29 Apr 2009 15:30:27 GMT

Florida Chief Financial Officer Alex Sink has filed an emergency order immediately prohibiting a Lake Wales funeral home director and embalmer from performing embalming of bodies after a routine inspection by the Department of Financial Services led to the discovery of an improperly embalmed body that had been left to decompose for more than three months.

Circuit Court Judge Orders Coral Insurance Policies Cancelled as of May 31, 2009

Mon, 27 Apr 2009 14:13:55 GMT

Leon County Circuit Court Judge P. Kevin Davey has ordered that all policies of Coral Insurance Company, which is currently in receivership for the purpose of rehabilitation, will be cancelled as of 12:01 a.m. May 31, 2009, unless otherwise cancelled or terminated earlier than that date.

CFO Sink Opposes Near-shore Drillng Bill That Threatens Florida’s Economy

Fri, 24 Apr 2009 17:29:25 GMT

Florida’s Chief Financial Officer Alex Sink today released the following statement opposing the near-shore drilling bill (HB 1219) that is scheduled to be voted on by the Florida House of Representatives:

CFO Sink: Three Arrested after Preying on Seniors in Insurance Fraud Scheme

Wed, 22 Apr 2009 16:36:15 GMT

“From annuity fraud to cases like this one, each year my
department investigates hundreds of bad actors who prey on seniors to take advantage of them financially,” said CFO Sink.

CFO Sink’s ‘Protecting Florida Homeowners’ Roundtable Brings Together Lawyers & Lenders

Mon, 20 Apr 2009 20:33:53 GMT

Florida Chief Financial Officer Alex Sink brought together top Florida lenders and lawyers with the Florida Attorneys Saving Homes program today in Tampa during a roundtable discussion focused on keeping more Floridians in their homes.

CFO Sink Releases Details for Upcoming Lawyer/Lender Roundtable in Tampa

Thu, 16 Apr 2009 17:15:59 GMT

Florida Chief Financial Officer Alex Sink will bring together Florida lenders and attorneys with the Florida Attorneys Saving Homes program on Monday, April 20, in Tampa for a roundtable discussion on efforts to keep Floridians in their homes.

CFO Sink Works to Protect Florida Homeowners and Boost Housing Market

Wed, 15 Apr 2009 20:30:02 GMT

Florida Chief Financial Officer Sink joined Florida Realtors® and Sadowski Workforce Housing Coalition members during two separate events today to promote her efforts to protect Florida homeowners. As a champion for homeowners, CFO Sink underscored her department’s My Safe Florida Home (MSFH) program and efforts to address Florida’s high rate of home foreclosures.

CFO Sink Announces $300,000 in State Agency Savings in Three Months

Wed, 15 Apr 2009 18:23:06 GMT

“Especially in our state’s budget crisis, I am working to make sure that taxpayer dollars are being spent as responsibly and efficiently as possible. I am pleased that in my Department, we have already saved over $300,000 just since January through renegotiating our contracts,” said CFO Sink. “I will continue to look for any way we can tighten our belt here in Tallahassee and cut government waste.”

CFO Sink Saves over $2 Million Annually with Call Center Consolidation

Wed, 15 Apr 2009 17:11:56 GMT

Florida Chief Financial Officer Alex Sink today announced that she will save Florida’s taxpayers over $2.2 million annually as a result of streamlining and consolidating the Department of Financial Services’ consumer call centers.

State Fire Marshal Sink Honors Florida Firefighters during Firefighter Appreciation Week

Wed, 15 Apr 2009 17:10:06 GMT

Florida Chief Financial Officer and State Fire Marshal Alex Sink honored Florida firefighters in a ceremony and at the Florida Cabinet today, recognizing April 13-18, 2009 as Florida Firefighter Appreciation Week.

CFO Sink’s Unclaimed Property Bureau Delivers $19.7 Million in March, Setting State Record

Fri, 10 Apr 2009 18:47:54 GMT

“In these tough economic times it’s important that Floridians account for every dollar, and sometimes that includes lost or misplaced accounts,” said CFO Alex Sink. “I encourage all Floridians to visit our Web site at www.FLTreasureHunt.org. With nearly eight million accounts, the chances are good we are holding cash or property for you, your business, or someone you know.”

Coral Insurance Company Ordered into Rehabilitation by Circuit Court Judge

Thu, 09 Apr 2009 18:09:53 GMT

Leon County Circuit Court Judge P. Kevin Davey ordered the Hollywood-based Coral Insurance Company, a residential property insurance provider in Florida, into receivership for the purpose of rehabilitation, effective today.

CFO Sink: Four Arrested in Windshield Insurance Fraud Scheme

Thu, 09 Apr 2009 14:59:53 GMT

Employees at windshield replacement stores billed almost 1,000 fraudulent insurance claims

CFO Sink Announces Upcoming Lawyer/lender Roundtable to Help Floridians Avoid Foreclosure

Wed, 08 Apr 2009 19:59:10 GMT

“As we are all aware, for a number of years Florida has been ground zero for the housing crisis faced by our country today,” said CFO Sink. “That’s why I have worked to find any avenue possible to provide real, tangible help to Floridians facing the threat of foreclosure.”

CFO SINK ANNOUNCES NEW STATE FIRE MARSHAL DIVISION DIRECTOR

Mon, 06 Apr 2009 17:33:19 GMT

Florida Chief Financial Officer and State Fire Marshal Alex Sink announced today that Longboat Key Fire Chief Julius Halas will be the new Director of the Department of Financial Services’ Division of State Fire Marshal effective May 4, 2009.

CFO Sink: Don’t Be an ‘April Fool,’ Get Financially Literate

Thu, 02 Apr 2009 12:47:57 GMT

Florida’s Chief Financial Officer Alex Sink says April, which has been declared Financial Literacy Month in Florida, is a great time for Floridians to take control of their financial future.

CFO Sink Opposes Use of Credit Scoring by Auto Insurance Companies

Thu, 19 Mar 2009 21:07:23 GMT

“Because of the challenging times everyday Floridians are facing, I am opposed to the use of credit scoring when determining the availability and cost of auto insurance. We should not be kicking Floridians when they are down.”

CFO Sink Statement on People’s Trust Consent Order with Oir

Wed, 18 Mar 2009 21:39:52 GMT

Florida Chief Financial Officer Alex Sink today released the following statement in response to the Office of Insurance Regulation’s (OIR) Consent Order with People’s Trust Insurance Company

Govenor Crist and CFO Sink Unveil Sunshine Spending Website

Wed, 18 Mar 2009 13:17:05 GMT

“For the last two years, I have worked to make Tallahassee more open and accountable to Florida’s taxpayers,” said CFO Sink. “I am pleased that Floridians will be able to know exactly who is spending and who is getting their tax dollars..."

CFO Sink Urges Steps to Reduce Florida’s Hurricane Risk

Thu, 12 Mar 2009 19:57:54 GMT

Citing the high level of catastrophic risk exposure Florida faces, Chief Financial Officer Alex Sink today laid out responsible guidelines she suggested the Legislature follow when working to reduce the state’s risk and protect homeowners.

CFO Sink Notifies Travel Agencies to Stop Representing Unauthorized Travel Insurers

Thu, 12 Mar 2009 19:54:39 GMT

Chief Financial Officer Alex Sink has notified three travel agencies that she intends to order them to stop selling insurance on behalf of Colorado-based Prime Travel Protection Services, Inc. and any other unlicensed travel insurer.

Update: CFO Sink’s ‘safeguard Our Seniors’ Legislation Passes First Hurdle, Another Bad Agent Arrested in Tampa Area

Wed, 11 Mar 2009 20:29:08 GMT

“The number of complaints from Florida seniors about annuities has nearly quadrupled in the last three years,” said Sink, whose department has opened 474 investigations on financial fraud involving seniors, with approximately 70 percent of cases related to annuity and life insurance transactions. “Better financial protections for our growing population of senior residents and tougher consequences for those who defraud our seniors demand our immediate attention.”

Orlando-based Detective Michael Vitta Awarded Investigative Officer of the Year

Wed, 11 Mar 2009 20:24:18 GMT

Florida Chief Financial Officer and State Fire Marshal Alex Sink today congratulated Detective Michael Vitta after he was awarded Investigative Officer of the Year by the State Law Enforcement Chiefs Association at an event in Tallahassee.

CFO Sink Sends Letter to House and Senate Urging against Fiscal Irresponsibility of Tabor

Wed, 11 Mar 2009 17:57:21 GMT

“TABOR’s near-sighted proposals will hurt Florida’s bond rating, something we can’t afford in these uncertain economic times,” said CFO Sink.

Tampa Man Arrested for Defrauding 71-Year-Old Widow

Tue, 10 Mar 2009 15:22:57 GMT

Alex Sink today announced the arrest of a Tampa man who allegedly operated a scheme to defraud a 71-year-old widow out of $19,000. This arrest underscores the need for CFO Sink’s Safeguard our Seniors legislation, which creates tougher penalties for unscrupulous individuals who defraud senior investors and establishes better protections up-front for seniors who invest in annuities products.

CFO Sink’s Florida Housing Help Initiative to Join Pasco County Organizations to Host Foreclosure Workshop

Tue, 10 Mar 2009 15:20:32 GMT

Saturday’s Housing Help Workshop will include opportunities for homeowners to meet with mortgage lenders, HUD-certified housing counselors, local housing authorities, legal assistance, credit counseling services, and representatives from many other foreclosure assistance programs.

CFO Sink Unveils “Get Lean” Web Site, Seeks Citizen Help to Cut Government Waste

Mon, 09 Mar 2009 17:50:14 GMT

CFO Sink’s new and improved Get Lean Florida program will feature the interactive web site, www.GetLeanFlorida.com, and still include the toll-free hotline, 1-800-Get-Lean.

CFO Sink Takes Legal Action against People’s Trust Agency for Allowing Unlicensed Agents to Sell Insurance

Thu, 05 Mar 2009 22:07:53 GMT

Florida Chief Financial Officer Alex Sink today took legal action to prevent People’s Trust Insurance’s Managing General Agent (MGA) from using unlicensed agents to sell its homeowners insurance.

CFO Sink Receives Top National Honor for Volunteerism from Junior Achievement

Thu, 05 Mar 2009 17:23:22 GMT

CFO Sink named from pool of more than 160,000 volunteers nationwide.

CFO Sink Calls for Greater Oversight of State-issued Cell Phones and Blackberries after Oppaga Findings

Thu, 05 Mar 2009 17:21:28 GMT

Florida Chief Financial Officer Alex Sink today called for greater oversight of state-issued blackberries, cell phones, and aircards, following the release of an Office of Program Policy Analysis and Government Accountability (OPPAGA) analysis indicating that over $17 million is spent each year on the state-issued devices.

CFO Sink Recommends Smart Steps to Get Florida’s Fair Share of Federal Funds

Wed, 04 Mar 2009 16:34:39 GMT

Florida Chief Financial Officer Alex Sink today released an initial report detailing ways Florida’s taxpayers can see more of their money come back from Washington, D.C.

CFO Sink’s Crackdown on Insurance Fraud Leads to Prestigious Accreditation

Wed, 25 Feb 2009 16:03:01 GMT

Florida Chief Financial Officer Alex Sink today saw her Division of Insurance Fraud receive full accreditation from the Commission for Florida Law Enforcement Accreditation at a ceremony in Tampa.

CFO Sink Urges Fiscal Responsibility and Offers Help as Part of Florida Saves Week

Tue, 24 Feb 2009 15:08:04 GMT

Florida Chief Financial Officer Alex Sink is urging Floridians to take advantage of Florida Saves Week and be pro-active about their financial futures.

CFO Sink Asks Florida Lenders to Appoint Mortgage Foreclosure Negotiators

Thu, 19 Feb 2009 20:25:43 GMT

Ombudsmen to work with attorneys, Florida homeowners to alleviate foreclosure crisis

Statement by CFO Sink on Oir’s Conditional Approval of State Farm Florida Withdrawal Plan

Fri, 13 Feb 2009 17:38:48 GMT

Florida Chief Financial Officer Alex Sink today offered the following statement on OIR's conditional approval of State Farm Florida withdrawal plan.

CFO Sink Joins DFS Detectives for Insurance Fraud Arrest in Tampa

Thu, 12 Feb 2009 17:43:43 GMT

Today, Chief Financial Officer Alex Sink joined detectives from the Department of Financial Services’ Division of Insurance Fraud for the arrest of a woman accused of forging insurance documents in order to collect more than $38,000 in school- readiness state funding.

McCollum, Sink Present over $1.48 Million in Settlement Funds to Tampa Public Entities

Mon, 09 Feb 2009 19:48:15 GMT

Attorney General Bill McCollum and Chief Financial Officer Alex Sink today presented six Tampa area public entities with checks totaling over $1.48 million from two insurance-related settlements reached in 2007 and 2008.

CFO Sink Mixes Fire Prevention, Financial Education among Fun at DFS Display at Florida State Fair

Mon, 09 Feb 2009 17:38:52 GMT

Florida Chief Financial Officer Alex Sink invites visitors to the 2009 State Fair, which kicked off last week and continues through Monday, February 16, to visit the Department of Financial Services’ (DFS) interactive display and booth to learn more about protecting their families and finances.

CFO Sink Names Kyra Jennings as New Communications Director

Fri, 06 Feb 2009 18:39:28 GMT

Florida Chief Financial Officer Alex Sink announced Friday that Kyra Jennings will be starting as her new communications director, effective February 23, 2009.

CFO Sink: Reporting PIP Fraud Pays More than Participating in It

Fri, 06 Feb 2009 16:31:18 GMT

some Floridians are tempted by fraud scams promising extra bucks. But Florida Chief Financial Officer Alex Sink, who oversees the Department of Financial Services (DFS) and Division of Insurance Fraud, warns that planning or participating in a staged accident can cost you more than you bargain for-- a minimum two-year prison sentence for starters.

Thousands of Floridians Now Safer from Storms Due to Innovative Home-Hardening Program

Tue, 03 Feb 2009 19:29:37 GMT

In two years, the My Safe Florida Home program reports retrofitting more than 26,000 homes and alerting Floridians to nearly $47 million in potential insurance discounts.

CFO Sink Urges Floridians to Claim Valuable Tax Credit

Fri, 30 Jan 2009 17:48:06 GMT

Florida Chief Financial Officer Alex Sink today visited the United Way House of Ft. Myers to promote Earned Income Tax Credit (EITC) Awareness Day, a nationwide effort to increase public awareness about the EITC and free tax preparation sites.

CFO Sink Honors FSU Rhodes Scholar at Florida Cabinet Meeting

Tue, 27 Jan 2009 16:04:45 GMT

Florida Chief Financial Officer Alex Sink today recognized the achievements of Myron Rolle, a Florida State University (FSU) graduate who was recently awarded the Rhodes Scholarship, at Tuesday’s meeting of the Florida Cabinet.

CFO Sink, NFL Players Kick off Financial Football

Mon, 26 Jan 2009 21:54:29 GMT

Sink was joined by Tampa Bay Buccaneer Running Back Warrick Dunn and New Orleans Saints Quarterback Drew Brees in launching the statewide release of Financial Football, a money management computer game for high school and college students, at the Tampa Convention Center.

CFO Sink Investigates St. Petersburg Funeral Home after Receiving Disturbing Complaints

Mon, 26 Jan 2009 21:52:56 GMT

Florida Chief Financial Officer Alex Sink today announced she has ordered a St. Petersburg funeral home, which has been the subject of complaints regarding inappropriate presentation of bodies, to immediately cease from providing any embalming and refrigeration services.

CFO Sink Puts the Brakes on Miami-Dade Agent Accused of Putting Dozens of Uninsured Truckers on the Road

Mon, 26 Jan 2009 21:51:30 GMT

Florida Chief Financial Officer Alex Sink is urging the commercial trucking industry and the public to provide any information that may assist the Department of Financial Services’ ongoing criminal investigation into an agent who pocketed at least $500,000 in commercial auto premiums and failed to place coverage for dozens of truckers, causing them to unknowingly operate without insurance.

CFO Sink Warns Annuity Fraudsters: Tougher Laws Now on the Books

Thu, 01 Jan 2009 20:45:00 GMT

Florida Chief Financial Officer Alex Sink's 2008 legislative push to target agents using predatory annuity practices against seniors today results in tougher penalties for fraudsters in Florida.

CFO Sink Offers Money-saving New Year’s Resolutions for Florida Families

Wed, 31 Dec 2008 14:21:56 GMT

The New Year is just around the corner, and while 2008 will be a year to remember for financial crises large and small, Florida Chief Financial Officer Alex Sink and Florida’s Department of Financial Services are encouraging Floridians to take stock of their personal financial situations and make resolutions that will make 2009 a happy and prosperous new year.

State Fire Marshal Alex Sink Issues Holiday Fire Safety Precautions

Wed, 17 Dec 2008 16:11:11 GMT

Chief Financial Officer and State Fire Marshal Alex Sink joined Tallahassee City Fire Marshal Chief John Gatlin and local firefighters from the Tallahassee Fire Department to provide holiday fire safety tips to Floridians. Every year, fires occurring during the holiday season claim the lives of over 400 Americans, injure 1,600 more, and cause over $990 million in damage.

State Arson Detectives Arrest Zellwood Arsonist

Mon, 08 Dec 2008 16:55:46 GMT

Alex Sink today announced that three men have been charged in a series of fires in the Zellwood neighborhood that began in the summer.

CFO Appoints John B. Clark to Energy and Climate Commission

Wed, 03 Dec 2008 21:25:31 GMT

Florida Chief Financial Officer Alex Sink announced today the appointment of John Boston Clark to the Florida Energy and Climate Commission.

Statement by CFO Sink on the Need for a Special Session

Fri, 21 Nov 2008 22:36:12 GMT

Florida Chief Financial Officer Alex Sink today offered the follow statement following the Revenue Estimating Conference for the General Revenue Fund

CFO Sink: Insurance Fraud Investigation Lands South Florida Attorney in Prison

Wed, 29 Oct 2008 18:08:33 GMT

Florida Chief Financial Officer Alex Sink announced today that a South Florida attorney has been disbarred and has been ordered to surrender on Nov. 7, 2008, to serve 366 days in a Florida prison after an investigation by the Department of Financial Services’ Division of Insurance Fraud (DFS) led to numerous felony charges for stealing insurance settlement payments from clients.

CFO Sink Helps South Florida Senior Recover More than $217,000 from an Inappropriate Annuity Transaction

Tue, 28 Oct 2008 13:55:22 GMT

Florida Chief Financial Officer Alex Sink’s investigators recently helped Kikuko West, a Vero Beach senior, recover more than $217,000 in potential losses after she allegedly was tricked into prematurely replacing an existing annuity by an area insurance agent.

Mortgage Scheme Probe Prompts Dozens of Calls, Second Search Warrant Executed

Thu, 23 Oct 2008 19:07:11 GMT

Shalonda and Rodney McGill were arrested September 16, 2008, on allegations that they saddled investors in their “Fab 5” club with more than $1.15 million in mortgage loans by “flipping” properties in Martin and St. Lucie counties that the McGills sold using fraudulent loan applications.

CFO Alex Sink Asks Chairman Bernanke to Extend Commercial Paper Funding to Local Governments

Wed, 15 Oct 2008 19:17:14 GMT

Florida’s Chief Financial Officer (CFO) Alex Sink, while in Washington, D.C., speaking before the U.S. Department of the Treasury’s National Roundtable on Insurance Literacy, issued the following statement:

Leon County Judge Orders Md Medicare Choice into Receivership for Purposes of Liquidation

Tue, 30 Sep 2008 16:26:17 GMT

A Leon County Circuit Court judge late Monday ordered Tampa-based MD Medicare Choice (MDMC), a Medicare Advantage plan with more than 16,000 members in 23 Florida counties, placed into receivership for the purpose of liquidation.

CFO Sink Creates ‘Safeguard Our Seniors’ Task Force

Tue, 30 Sep 2008 16:23:10 GMT

Standing beside Mr. David Greene, an 81-year-old retired Army Master Sergeant and victim of annuity fraud, Florida Chief Financial Officer Alex Sink today announced that she has created the “Safeguard our Seniors” (SOS) Task Force to review and recommend solutions to better protect Florida seniors against financial fraud, with an immediate focus on annuity fraud.

CFO Sink Promotes Workplace Safety with Free Workers’ Compensation Classes

Thu, 25 Sep 2008 15:30:23 GMT

The classes will provide information on what is required under Florida’s workers’ compensation law, when exemptions apply, what resources are available to help employers and contractors comply with the law, and training on workplace safety. Contractors who successfully complete the classes will be eligible for continuing education credits.

Mortgage Broker and Pastor Charged with Bilking Consumers in $1 Million Scheme

Tue, 16 Sep 2008 20:04:00 GMT

A Florida mortgage broker and her husband, a pastor and popular radio show host, are facing numerous felony charges stemming from a state investigation that found the couple allegedly scammed consumers in a real estate investment scheme.

CFO Sink Leads Florida Cabinet in Rejecting Overpriced Land Deal

Tue, 16 Sep 2008 16:19:00 GMT

Florida Chief Financial Officer Alex Sink today led the Florida Cabinet in objecting to using nearly $38 million in tax dollars to purchase a parcel of land known as Pine Plantation that the state twice appraised for $28 and $25 million, respectively.

CFO Alex Sink Recognizes “Financial Planning Week”

Tue, 16 Sep 2008 13:44:11 GMT

At a meeting of the Florida Cabinet, Florida Chief Financial Officer Alex Sink today designated the week of October 6 through 12, 2008, as “Financial Planning Week.”

Statement by CFO Sink on Wall Street Financial Crisis

Mon, 15 Sep 2008 20:16:45 GMT

Millions of Floridians today awoke to news of increased volatility among several global financial institutions. Today’s tumultuous events continue the global financial turmoil witnessed during the last 18 months, and provide clear evidence that the federal government needs to provide increased oversight of large financial institutions to better protect consumers.

CFO Sink Launches Lunch and Learn Series to Help State Employees Stretch Household Budgets

Thu, 11 Sep 2008 21:02:15 GMT

The Lunch and Learn series began in the summer and, following rave reviews, a third is scheduled for noon on Friday, September 12, 2008, in the Cabinet Room of the Capitol. Participants can bring their lunch.

State Fire Marshal’s Office Assisting in Third Annual Volunteer Firefighter Training

Thu, 11 Sep 2008 20:15:41 GMT

The memories of 9-11 will never be forgotten and have become synonymous with the dedication of our nation’s firefighters. In honor of those who gave everything they had to rescue their fellow citizens, the third annual Northwest Florida Volunteer Firefighter Weekend will be held September 19 -22, 2008, at the Okaloosa/Walton College, 100 College Blvd., in Niceville, Florida.

CFO Sink: Florida Treasury First to Review Climate Risk

Tue, 09 Sep 2008 15:17:50 GMT

Chief Financial Officer Alex Sink announced today that Florida is the first Treasury in the nation to formally analyze investments for the financial impacts of climate change. In an effort to better protect the Treasury portfolio from emerging risks, CFO Sink has launched a semi-annual review process to assess how public fund managers incorporate climate risk in portfolio holdings as part of prudent investment management.

CFO Sink Uncovers Fraudulent Check-cashing Scheme; Delivers $325,000 in Restitution

Wed, 03 Sep 2008 19:41:22 GMT

Florida Chief Financial Officer Alex Sink announced today that an investigation by the Department of Financial Services’ (DFS) Division of Insurance Fraud, has led to more than 110 criminal charges against Christiano Leonardo Gloria, the operator of one of the largest check-cashing operations in Broward County, for allegedly conspiring in a major money-laundering and workers’ compensation fraud scheme.

CFO Sink Cheers Proposed Sixth Consecutive Workers’ Compensation Rate Decline

Fri, 29 Aug 2008 18:10:35 GMT

The National Council on Compensation Insurance filed a request with the Office of Insurance Regulation for an average 14.1 percent rate decrease, which if approved would constitute a cost savings of about $465 million for Florida employers effective January 1, 2009. The cumulative rate decrease since 2003 is 58 percent.

Statement by CFO Sink on Florida’s Deepening Revenue Shortfall and Budget Deficit -

Thu, 28 Aug 2008 19:56:24 GMT

The latest report shows a looming $3.5 billion budget shortfall for fiscal year 2009-2010. Although not surprising and slated for next fiscal year, it dramatically underscores the severity of Florida’s growing budget deficit.

Sink Surveys Damage in the Big Bend Area, Offers Advice to Storm Victims

Mon, 25 Aug 2008 19:32:11 GMT

With Tropical Storm Fay now downgraded to a tropical depression, Florida Chief Financial Officer and State Fire Marshal Alex Sink surveyed storm damage in the state’s Big Bend area today.

CFO Sink Urges Floridians to Prepare for Tropical Storm Fay

Mon, 18 Aug 2008 18:18:32 GMT

Florida Chief Financial Officer and State Fire Marshal Alex Sink today urged Floridians to continue to monitor and prepare for Tropical Storm Fay including taking the necessary financial and fire safety precautions to weather the storm with the help of a Hurricane Toolkit available online at www.MyFloridaCFO.com.

CFO Sink Creates “Financial Action Team”

Fri, 15 Aug 2008 16:13:43 GMT

In an effort to increase the amount of aid to Floridians facing economic crisis, Chief Financial Officer Alex Sink today announced she has created a “Financial Action Team” to identify federal assistance available to our state.

CFO Sink Appoints Rep. Ausley as Chair of Healthy Kids Board

Thu, 14 Aug 2008 15:17:31 GMT

Calling upon one of the state’s leading children’s advocates, Chief Financial Officer Alex Sink today announced she has appointed State Representative Loranne Ausley to serve as the Chair of the Healthy Kids Board, effective after her fourth legislative term.

Sink Orders External Audit of Accounting & Auditing

Tue, 12 Aug 2008 15:28:19 GMT

In a continuing effort to improve safeguards over public funds, Florida Chief Financial Officer Alex Sink today announced she has engaged Deloitte & Touche LLP., to review procedures surrounding electronic payments and transfers within the Division of Accounting and Auditing.

CFO Sink: Florida’s Unclaimed Property Auction Raises Record Funds for Florida’s Public Schools

Wed, 06 Aug 2008 14:30:13 GMT

Bidders from around the nation descended on Tampa Bay last Saturday to find lost treasure at Florida Chief Financial Officer Alex Sink’s annual Unclaimed Property Auction. Coordinated by CFO Sink’s Department of Financial Services, Bureau of Unclaimed Property (Bureau), the auction shattered previous auction records by raising $925,550 for Florida’s public schools — a $108,000 increase over last year.

CFO Sink Receives Champion for Business Award

Tue, 05 Aug 2008 12:54:44 GMT

Florida Chief Financial Officer Alex Sink will be the first Florida Cabinet member to receive the Associated Industries of Florida (AIF) Champions for Business Award when she addresses the organization at an AIF luncheon today in Tallahassee.

CFO Sink Urges Self-employed to Buy, Review Health Insurance Coverage during August Open Enrollment

Fri, 01 Aug 2008 13:22:35 GMT

Florida Chief Financial Officer Alex Sink today urged Florida’s self-employed individuals to take advantage of the August open enrollment period that allows single-group employers, sole proprietors, independent contractors and others to obtain health insurance or switch plans on a guaranteed-issue basis.

DFS Helps Fbi Nab Suspect in Wire Fraud Case

Mon, 28 Jul 2008 21:08:45 GMT

A 35-year-old man is in custody after being arrested on charges of wire fraud. Moments before he boarded an international flight, Ali Hammoud was arrested by federal agents at the Miami International Airport.

CFO Alex Sink Calls for Independent Audit to Ensure Wellcare Fully Refunds Florida Healthy Kids

Fri, 25 Jul 2008 18:46:09 GMT

Florida Chief Financial Officer Alex Sink today called for an independent audit after Tampa-based WellCare Health Plans, Inc. reported “errors” resulting in $46.5 million of overpayments, including millions from Florida’s Healthy Kids program.

CFO Sink Appoints Jim Malone as New Chairman of Citizens Board of Governors

Fri, 25 Jul 2008 15:02:29 GMT

Florida Chief Financial Officer Alex Sink announced Friday the appointment of James R. Malone as the Chairman of the Board of Governors for Citizens Property Insurance Corporation, effective August 1, 2008. Citizens is one of the largest property and casualty insurance companies in the nation and the largest property insurer in Florida.

Going Once, Going Twice, Sold! CFO Sink to Auction Lost Treasure in Tampa Bay

Tue, 22 Jul 2008 15:01:14 GMT

Florida Chief Financial Officer Alex Sink today announced that the State of Florida will auction off more than 40,000 unclaimed items estimated to be worth more than $500,000 at an upcoming auction on August 2, 2008, at the Grand Hyatt Tampa Bay.

400,000 Inspections and 35,000 Grants Later, My Safe Florida Home Sign-ups Come to an End

Thu, 03 Jul 2008 14:56:44 GMT

Florida Chief Financial Officer Alex Sink today announced that the My Safe Florida Home program will meet the Florida Legislature’s goal of approving 400,000 homeowners for free wind inspections a full year ahead of schedule. The program will cease to take new applications in the next few days.

CFO Sink and Emergency Managers Urge Fireworks Safety This Fourth of July

Wed, 02 Jul 2008 19:38:43 GMT

Florida Chief Financial Officer and State Fire Marshal Alex Sink today joined State Emergency Management officials in urging Floridians to observe fire safety rules and follow fireworks laws as they celebrate this Fourth of July.

CFO Sink: Tampa Duo Arrested for over $40,000 in PIP-related Fraud

Wed, 25 Jun 2008 17:38:28 GMT

Florida Chief Financial Officer Alex Sink today announced the arrest of two Tampa women on charges they allegedly billed insurance companies for over $40,000 in Personal Injury Protection- (PIP) related fraud charges.

CFO Sink Reminds Floridians Most Homeowners Policies Do Not Cover Flood Damages

Tue, 24 Jun 2008 19:11:27 GMT

Florida Chief Financial Officer Alex Sink today urged Florida homeowners to review their insurance policies, reminding homeowners that standard homeowners insurance policies do not cover flood damages, even when the flood is caused by a hurricane.

Over 365,000 Florida Homeowners Served, My Safe Florida Home Program Approaching Goals

Mon, 23 Jun 2008 18:29:47 GMT

Florida Chief Financial Officer Alex Sink today announced that more than 365,000 Florida homeowners have signed up for free wind inspections through the My Safe Florida Home (MSFH) program, only 35,000 inspections shy of the Florida Legislature’s goal of 400,000 free wind inspections by June 2009.

CFO Sink Announces Arrest for Fraudulent Use of Tax Dollars in Pensacola

Thu, 29 May 2008 12:47:09 GMT

Chief Financial Officer Alex Sink, Secretary of the Florida Department of Community Affairs Tom Pelham, and State Attorney for the 1st Judicial Circuit of Florida William Eddins today announced the arrest of an Escambia County woman charged with fraudulently obtaining nearly $150,000 in state funds from a local non-profit organization.

Lincoln High School Students “Act-out for Health” to Win Kidcare Psa Contest

Wed, 28 May 2008 18:24:04 GMT

Three Lincoln High School students enjoyed the spotlight today after winning the Florida KidCare “Act-Out for Health” video PSA contest. Kyle Johnson, Christle Moorer and Darsak Patel were honored by Florida Chief Financial Officer Alex Sink and Healthy Kids Executive Director Rich Robleto today for writing and producing a :30 second public service announcement promoting the state-subsidized health insurance program for kids under the age of 19.

My Safe Florida Home Program Nears 35,000 Grants

Tue, 13 May 2008 17:54:46 GMT

Florida Chief Financial Officer Alex Sink today announced that the My Safe Florida Home (MSFH) program is projecting it will exceed the Florida Legislature’s goal of approving 35,000 homeowners for grants by the end of May.

State Fire Marshal Sink Promotes Arson Awareness Week

Fri, 09 May 2008 18:22:20 GMT

This week, Florida State Fire Marshal Alex Sink joined the United States Fire Administration during Arson Awareness Week in recognizing the dangers of toylike lighters.

CFO Sink Signs Settlement Agreement for Alan Crotzer

Tue, 06 May 2008 15:57:36 GMT

Florida Chief Financial Alex Sink today signed an agreement for the state of Florida to provide a $1.25 million settlement to compensate Alan Jerome Crotzer for more than 24 years of wrongful incarceration.

Statement by CFO Sink on the Legislature’s Passage of the Annuity Fraud Bill

Fri, 02 May 2008 21:01:02 GMT

Florida Chief Financial Officer Alex Sink today congratulated members of the Florida Legislature for passing legislation (SB 2082) that seeks to combat annuity fraud, including strengthening fines against agents who target Floridians using fraudulent annuities sales practices.

Statements by CFO Sink & Insurance Consumer Advocate on Passage of Pro-consumer Public Adjuster Legislation

Fri, 02 May 2008 20:59:51 GMT

Florida Chief Financial Officer Alex Sink and interim Insurance Consumer Advocate Terry Butler today applauded the Legislature’s passage of the important public adjuster reforms within Senate Bill 2012.

CFO Sink Encourages Florida High School Students to Participate in 2008 National Financial Literacy Challenge

Thu, 01 May 2008 19:02:07 GMT

Florida Chief Financial Officer Alex Sink today encouraged Florida high school students and teachers to participate in the 2008 National Financial Literacy Challenge (NFLC), available online until May 16, 2008.

My Safe Florida Home Program Announces High Customer Satisfaction before Hurricane Season 2008

Mon, 28 Apr 2008 16:39:10 GMT

Chief Financial Officer Alex Sink today released survey results from Floridians participating in the My Safe Florida Home (MSFH) program showing 97 percent of homeowners rate the application process as easy or somewhat easy, 80 percent rate their overall experience as excellent or good, and 82 percent of respondents say they are willing to recommend the program to neighbors as hurricane season draws closer.

CFO & State Fire Marshal Sink Announces Free Training for Florida’s Volunteer Firefighters

Wed, 16 Apr 2008 19:56:46 GMT

Florida Chief Financial Officer and State Fire Marshal Alex Sink today announced over 150 volunteer firefighters from across the state will journey to the Florida State Fire College in Ocala for an intensive five-day training.

Statement by CFO Sink on Senate Committee’s Passage of Cat Fund Proposal

Tue, 08 Apr 2008 18:00:36 GMT

Florida Chief Financial Officer Alex Sink today applauded the Florida Senate Committee on General Government Appropriations for unanimously passing Senate Bill 2156 by State Senator Bill Posey (R-Rockledge), which reduces Floridians’ risk of hurricane assessments from the Florida Hurricane Catastrophe Fund.

Statement by CFO Sink on the Senate Passage of the Annuity Fraud Bill

Thu, 03 Apr 2008 19:23:02 GMT

Florida Chief Financial Officer Alex Sink today congratulated members of the Florida Senate for unanimously passing legislation (SB 2082) that comprehensively addresses the issue of annuity fraud, including strengthening penalties against agents who target Floridians, especially seniors and the mentally-disabled, using predatory annuity and life insurance practices.

CFO Sink Turns up the Heat on Thieves Stealing Essential Fire Equipment

Thu, 03 Apr 2008 15:22:18 GMT

Florida State Fire Marshal and Chief Financial Officer Alex Sink today announced the arrest of two men in connection with the theft of meters on fire department sprinkler backflows throughout Broward and Dade Counties. Fire sprinkler backflows provide essential water to sprinkler systems in commercial buildings, a life-saving resource in the event of a fire emergency.

Statement by CFO Sink on Senate Committee’s Passage of Cat Fund Proposal

Thu, 03 Apr 2008 13:59:05 GMT

Florida Chief Financial Officer Alex Sink today applauded the Florida Senate Committee on Governmental Operations for unanimously passing Senate Bill 2156 by State Senator Bill Posey (R-Rockledge), which reduces the amount of exposure Florida’s consumers have to hurricanes.

CFO Sink Announces Lawsuit to Recover Additional Money for Poe Companies’ Claims

Tue, 01 Apr 2008 15:15:12 GMT

Florida Chief Financial Officer Alex Sink announced today that the Department of Financial Services (DFS) filed a civil lawsuit against the officers, directors and affiliates of three former Florida insurance companies.

CFO Sink: Millions of Floridians Eligible for Federal Economic Stimulus, but Only If They File

Wed, 26 Mar 2008 14:57:16 GMT

Florida Chief Financial Officer Alex Sink, along with representatives from the Internal Revenue Service (IRS) and the AARP, held a press conference Wednesday to alert millions of Floridians who are normally not required to file a tax return that they may be eligible for federal economic stimulus payments to be issued beginning May 2008.

Statement by CFO Sink on the Senate Banking & Insurance Committee’s Passage of Cat Fund Proposal

Tue, 25 Mar 2008 15:41:31 GMT

Florida Chief Financial Officer Alex Sink today applauded the Florida Senate Banking & Insurance Committee for unanimously passing Senate Bill 2156 by State Senator Bill Posey (R-Rockledge), which reduces the amount of exposure Florida’s consumers have to hurricanes.

CFO Sink Designates April as Financial Literacy Month

Tue, 25 Mar 2008 15:28:38 GMT

At a meeting of the Florida Cabinet, Florida Chief Financial Officer Alex Sink today announced her resolution designating April as Financial Literacy Month.

Statement by CFO Sink on the House Committee on Financial Institutions’ Unanimous Passage of the Annuity Fraud Bill

Thu, 20 Mar 2008 16:24:29 GMT

Florida Chief Financial Officer Alex Sink today applauded the Florida House Committee on Financial Institutions for unanimously passing House Bill 1003, sponsored by State Representative Clay Ford (R-Pensacola), which addresses annuity fraud and strengthens penalties against agents who target Floridians, especially seniors and the mentally disabled.

Statement by CFO & State Fire Marshal Sink on the House Committee’s Unanimous Passage of Fire Safety Bill

Thu, 20 Mar 2008 16:18:51 GMT

Florida Chief Financial Officer and State Fire Marshal Alex Sink today applauded the Florida House Committee on Financial Institutions for unanimously passing House Bill 1041, “Fire Prevention and Control Bill.”

CFO Sink Works with Florida Senate on Legislation to Increase Penalties on Annuity Fraud

Wed, 19 Mar 2008 11:52:22 GMT

TALLAHASSEE-- Florida Chief Financial Officer Alex Sink today congratulated members of the Florida Senate’s Banking and Insurance Committee for unanimously passing legislation (PCS/SB 2082) that comprehensively addresses the issue of annuity fraud, including strengthening penalties against agents who target Floridians, especially seniors and the mentally-disabled, using predatory annuity and life insurance practices.

CFO Sink Announces Palm Beach County PIP Fraud Arrest

Fri, 14 Mar 2008 16:05:34 GMT

Florida Chief Financial Officer Alex Sink today announced the arrest of a Palm Beach County man on Personal Injury Protection (PIP) fraud charges. This week’s arrest concludes the arrest of four South Florida residents on charges they perpetrated a PIP fraud scheme.

CFO Sink Announces Arrest of a Duval County Man on Charges of Insurance Fraud, Grand Theft, and Forgery

Tue, 04 Mar 2008 22:48:58 GMT

Florida Chief Financial Officer Alex Sink today announced the arrest of a Duval County man on charges he fraudulently received nearly $400,000 in life insurance from an accelerated death claim. The arrest involves charges of alleged insurance fraud, grand theft, forgery and uttering a forged instrument.

CFO Sink Designates Florida Saves Week, Feb. 24th – Mar. 2nd

Tue, 26 Feb 2008 14:35:42 GMT

Today, at a meeting of the Florida Cabinet, Florida Chief Financial Officer Alex Sink announced a resolution designating February 24 – March 2, 2008, as “Florida Saves” Week. “Florida Saves” Week, a part of the national “America Saves” campaign, aims to help Floridians better learn how to manage their money by stressing the importance of saving money and building wealth.

Statement by CFO Sink on the House Jobs & Entrepreneurship Council’s Unanimous Passage of Her Legislation to Reduce Risk of Assessments

Thu, 21 Feb 2008 15:39:15 GMT

Florida Chief Financial Officer Alex Sink today applauded the Florida House Jobs & Entrepreneurship Council for unanimously passing PCB JEC 08-01 – the Florida Hurricane Catastrophe Fund Risk Reduction Bill.

CFO Sink Announces 47 Suspects Arrested So Far in Statewide Three-Day Operation

Thu, 24 Jan 2008 18:34:56 GMT

The arrests, which range from Pensacola to Miami, involve alleged fraud schemes uncovered during months-long investigations with millions of dollars in potential losses.

Five Pensacola Juveniles Charged with Arson, Burglary

Fri, 11 Jan 2008 21:46:12 GMT

Florida Chief Financial Officer and State Fire Marshal Alex Sink announced today that five juveniles are facing arson and burglary charges following an investigation into a fire that destroyed a commercial building

Rep. Fitzgerald Delivers $5,000 Check from the My Safe Florida Home Program to Sarasota Resident Today

Mon, 05 Nov 2007 21:47:08 GMT

On behalf of Florida Chief Financial Officer Alex Sink and the My Safe Florida Home (MSFH) program, Representative Keith Fitzgerald (D-Sarasota) personally delivered a matching grant reimbursement for $5,000 to a Sarasota homeowner who hardened her home through the state’s MSFH program.

State Fire Marshal’s Office Announces 13th Annual Great Florida Fire School

Mon, 05 Nov 2007 21:09:34 GMT

AVON PARK—Firefighters from throughout Florida will converge this week in this Central Florida community to receive the latest training on firefighting and investigative techniques to help them prepare for potential disaster, whether manmade or natural.

My Safe Florida Home Program Increases Standards for Inspection Firms & Inspectors

Mon, 29 Oct 2007 20:45:49 GMT

Nearly six months after expanding statewide, the My Safe Florida Home (MSFH) program today announced it is increasing standards for participating wind inspection firms, in a continued effort to improve the quality of inspections provided for Florida homeowners.

CFO Sink, AG Mccollum & Commissioner McCarty Announce $4.5 Million Insurance Settlement

Thu, 25 Oct 2007 18:19:30 GMT

Florida Chief Financial Officer Alex Sink, Florida Attorney General Bill McCollum and Florida Insurance Commissioner Kevin McCarty today announced that Florida and other states have reached a settlement with a large insurance carrier involved in a “pay to play” tactic used with Marsh & McLennan and other insurance brokers. ACE Group Holdings, Inc. and its subsidiaries will pay a multi-state task force $4.5 million to resolve allegations of bid-rigging and price-fixing in the commercial insurance market that resulted in higher premiums being paid by Florida governmental entities, companies and nonprofit organizations.

CFO Sink Delivers $28,000 Check to Baker County School Nurse

Fri, 19 Oct 2007 17:51:46 GMT

Florida Chief Financial Officer Alex Sink today delivered a check to Shelly Bennett, a Baker County resident, along with a reminder about the importance of regularly checking the Bureau of Unclaimed Property Web site for your unclaimed property.

CFO Sink Activates Storm Line for Tornado Victims

Fri, 19 Oct 2007 17:30:52 GMT

Florida’s Chief Financial Officer Alex Sink is urging residents whose homes or businesses were damaged by a tornado that struck downtown Pensacola to call the Department of Financial Services’ storm hotline at 1-800-22-STORM (1-800-227-8676) if they have questions regarding steps to take to immediately protect their homes or if they need help filing an insurance claim.

Sisters Receive Collective 17 Years in Prison for Stealing School Voucher Funds

Thu, 18 Oct 2007 13:11:58 GMT

Florida’s Chief Financial Officer Alex Sink and Jerry Hill, State Attorney for the 10th Judicial Circuit, announced today that sisters Betty Mae Jives Mitchell, 40, and Jeannette Jives Nealy, 39, were sentenced Monday to a collective 17 years in prison for fraudulently obtaining and misusing more than $200,000 from Florida’s school voucher program.

Board Suspends License of Funeral Director Who Sent Family Two Sets of Remains for Father

Tue, 16 Oct 2007 15:18:01 GMT

A funeral director who sent two sets of ashes to a family has been ordered to serve a six-month suspension and submit to other disciplinary measures. The decision was rendered last week during a meeting of the Board of Funeral, Cemetery, and Consumer Services.

CFO Sink Joins National Coalition Calling for Mortgage Changes

Tue, 16 Oct 2007 15:14:39 GMT

With the mortgage crisis continuing to affect the country and the financial markets, Florida Chief Financial Officer Alex Sink today has joined a coalition of national elected officials and consumer organizations to call on mortgage companies and lenders to adhere to basic principles of transparency and fairness.

Six Collier County Contractors Cited in Surprise Sweep

Mon, 15 Oct 2007 20:15:47 GMT

Investigators from the Department of Financial Services, Bureau of Workers’ Compensation Compliance, issued six Stop Work Orders (SWOs) during a surprise enforcement sweep last week of 39 contractor sites throughout Collier County.

CFO Sink on Governor’s Signing of No-fault Reform Legislation

Thu, 11 Oct 2007 15:50:08 GMT

Today, Governor Charlie Crist signed into law HB 13C, which makes crucial reforms to Florida’s Motor Vehicle No-Fault Law.

Annual Fallen Firefighter Memorial Service Planned

Tue, 09 Oct 2007 19:40:35 GMT

Firefighters and families from all parts of Florida will gather on Friday, October 12, 2007, at the Florida State Fire College in Ocala to remember the 137 firefighters who have lost their lives in the line of duty.

CFO Sink Unveils Proposal to Reform Florida’s Cat Fund

Tue, 09 Oct 2007 17:40:49 GMT

Holding up a stack of property, auto and other insurance bills full of assessments, Florida Chief Financial Officer Alex Sink unveiled her proposal today to reform the Florida Hurricane Catastrophe Fund (Cat Fund), which could reduce the potential for future Cat Fund assessments on Florida’s insurance consumers.

Statement from CFO Sink on President Bush’s Veto of Children’s Health Insurance Program Reauthorization

Wed, 03 Oct 2007 19:41:18 GMT

Within hours of receiving the legislation from Congress, President Bush today vetoed the reauthorization of the State Children’s Health Insurance Program (SCHIP).

CFO Sink Urges Floridians to Focus on Safety during Fire Prevention Week, October 7-13

Tue, 02 Oct 2007 21:44:10 GMT

Chief Financial Officer Alex Sink, who also serves as Florida’s State Fire Marshal, is urging Floridians to take steps to protect themselves and their families from fire and to learn more about fire safety during Fire Prevention Week, which begins on Sunday, October 7, and continues through October 13.

Statement from CFO Sink on Addition of Florida’s No-Fault Law to Call of Special Session

Mon, 01 Oct 2007 17:43:22 GMT

In response to Governor Charlie Crist’s announcement today that he has added reform of Florida’s Motor Vehicle No-Fault Law to the call of the upcoming special session, Chief Financial Officer Alex Sink issued the following statement:

CFO Sink: Punta Gorda Resident Receives Six-Figure Check from Unclaimed Property

Tue, 25 Sep 2007 19:12:40 GMT

Florida Chief Financial Officer Alex Sink announced today that members of the Department of Financial Services, Bureau of Unclaimed Property (Bureau), returned a six-figure check to a Punta Gorda resident along with a reminder about the importance of regularly checking the Unclaimed Property Web site to determine if the state is holding assets that belong to you or your relatives.

State Fire Marshal’s Office Provides Free Training for Volunteer Firefighters

Tue, 25 Sep 2007 14:47:24 GMT

Volunteer firefighters from throughout Florida will converge this weekend in Valparaiso to get the latest training on firefighting and investigative techniques dealing with potential manmade and natural threats.

Broward County Apartment Explosion Ruled Accidental

Mon, 24 Sep 2007 21:11:01 GMT

Detectives with the Division of State Fire Marshal’s Bureau of Fire and Arson Investigations have determined that an explosion last Thursday at a Deerfield Beach apartment complex was an accidental fire that started in a propane gas line leading to a stove in a vacant apartment.

CFO Sink: Pensacola My Safe Florida Home Fair Breaks Attendance Records

Tue, 18 Sep 2007 19:46:18 GMT

Florida Chief Financial Officer Alex Sink announced today that the My Safe Florida Home (MSFH) Fair last Saturday in Pensacola broke all previous MSFH event records with attendance of more than 3,000 North Floridians.

CFO Sink Announces Arrest of Former Agent Who Stole More than $90,000 in Premiums from More than 40 Victims

Tue, 18 Sep 2007 18:59:27 GMT

Bruce Anthony Fonte, 53, former owner of the now-defunct Family Insurance, located in Port Richey, is charged with organized scheme to defraud in the first degree, punishable by up to 30 years in prison if he is convicted.

CFO Sink, Major Investors, State Officials and Environmental Groups Sign Petition to Sec Requiring Full Corporate Climate Risk Disclosure

Tue, 18 Sep 2007 18:46:29 GMT

Florida Chief Financial Officer Alex Sink, along with a broad coalition of investors, state officials with regulatory and fiscal management responsibilities, and environmental groups, today filed a landmark petition asking the Securities and Exchange Commission (SEC) to require publicly-traded companies to assess and fully disclose their financial risks from climate change.

CFO Sink Announces Arrests in $8 Million Escrow Theft

Fri, 14 Sep 2007 17:48:46 GMT

Florida Chief Financial Officer Alex Sink announced today the arrests of a husband and wife on multiple counts of theft of escrow funds and money laundering for allegedly stealing nearly $8 million from their title company escrow accounts.

CFO Sink Announces My Safe Florida Home Fair to Be Held in Pensacola Saturday

Thu, 13 Sep 2007 20:47:02 GMT

Florida Chief Financial Officer Alex Sink announced today the My Safe Florida Home (MSFH) program is partnering with Escambia County non-profit organizations and businesses to hold a fair designed to raise awareness about the safety and financial incentives of mitigation.

Rep. Taylor Delivers $5,000 Check from the My Safe Florida Home Program to Riviera Beach Homeowners Wednesday

Tue, 11 Sep 2007 21:14:14 GMT

On behalf of Florida Chief Financial Officer Alex Sink and the My Safe Florida Home (MSFH) program, Representative Priscilla Taylor (D-Riviera Beach) personally delivered a matching grant reimbursement for $5,000 to a Riviera Beach couple who hardened their home through the state’s MSFH program.

Senator Geller Delivers $5,000 Check from the My Safe Florida Home Program to Ft. Lauderdale Resident Tuesday

Tue, 11 Sep 2007 19:28:48 GMT

On behalf of Florida Chief Financial Officer Alex Sink and the My Safe Florida Home (MSFH) program, Senator Steve Geller (D-Hallandale Beach) personally delivered a matching grant reimbursement for $5,000 to a Ft. Lauderdale homeowner who hardened his home through the state’s MSFH program.

CFO Sink Announces My Safe Florida Home Fairs

Fri, 07 Sep 2007 21:04:40 GMT

Florida Chief Financial Officer Alex Sink announced the My Safe Florida Home (MSFH) program will partner with local government and non-profit organizations and businesses to hold fairs in three Florida cities with the intent of raising awareness about the MSFH program’s safety and financial incentives. The series of fairs will take place from September to November in Pensacola, Tampa, and Ft. Lauderdale and will be free to the public.

CFO Sink to Meet with British Leaders in London in November

Thu, 06 Sep 2007 20:54:49 GMT

Florida Chief Financial Officer Alex Sink announced today that her office has been invited by Keith Allan, Her Majesty’s Consul General of Miami, to meet with British leaders in London in early November.

CFO Sink Adds Link to Myfloridacfo.com to Guide Floridians on Equity Indexed Annuities

Thu, 06 Sep 2007 20:07:03 GMT

Florida Chief Financial Officer Alex Sink has created a link at MyFloridaCFO.com to help consumers better understand equity indexed annuities, which have become big sellers despite being a relatively new and complex annuity product.

CFO Sink Issues $6.5 Million Check to Minouche Noel

Wed, 22 Aug 2007 21:41:35 GMT

Florida Chief Financial Officer Alex Sink announced her office will issue a $6.5 million check today to Minouche Noel, appropriated by the Florida Legislature during the 2007 Legislative session, while vowing to continue to fight to protect the additional $2 million the Legislature appropriated to Minouche’s parents.

CFO Sink Announces Arrest in Undercover Operation

Fri, 17 Aug 2007 18:10:49 GMT

A former insurance agent who had his license revoked last year by the Department of Financial Services is now facing criminal charges after he allegedly offered to sell insurance to an undercover insurance fraud detective.

CFO Sink Announces Miami-Dade Fraud Arrests for PIP, Property Damage Fraud

Thu, 16 Aug 2007 19:07:15 GMT

Florida Chief Financial Officer Alex Sink announced arrests today of individuals accused of various insurance fraud schemes including auto body damage, Personal Injury Protection (PIP), and hurricane claim fraud.

Central Florida Man Charged with Selling Fraudulent Ids

Mon, 13 Aug 2007 17:49:01 GMT

Florida Chief Financial Officer Alex Sink announced today that a Central Florida man is facing several felony charges after fraud detectives with the Department of Financial Services caught him allegedly selling fraudulent social security and resident alien cards from his home.

Questions about Life without No-fault? Get Answers at Myfloridacfo.com

Mon, 13 Aug 2007 15:02:46 GMT

Florida Chief Financial Officer Alex Sink announced today that Florida’s auto insurance consumers can log onto her Web site, MyFloridaCFO.com, and click on the “Life without No-Fault” link to learn about the new insurance laws in effect after the sunset of No-Fault.

Agents’ Licenses Suspended for Improper Selling of Discount Home Health Care Service Plan

Thu, 09 Aug 2007 20:29:41 GMT

Florida Chief Financial Officer Alex Sink announced today that the licenses of two Sarasota insurance agents have been suspended for making “false and worthless promises” to more than 40 elderly Floridians who thought they were buying a home health care services plan but paid nearly $200,000 for access to providers and never received any services.

New Jersey Man Gets 30 Months in Prison for Stealing Florida Unclaimed Property Accounts

Tue, 07 Aug 2007 19:28:40 GMT

Florida Chief Financial Officer Alex Sink together with Gregory R. Miller, United States Attorney for the Northern District of Florida, and Enrique Gutierrez, Inspector in Charge, United States Postal Inspection Service, Miami Division, announced today that a New Jersey man who filed fraudulent claims on two unclaimed property accounts held by the State of Florida has been sentenced to 30 months in prison and ordered to pay restitution.

CFO Sink: Florida’s Unclaimed Property Auction Raises Record Funds for Florida’s Public Schools

Tue, 07 Aug 2007 17:05:42 GMT

Florida Chief Financial Officer Alex Sink announced today the Department of Financial Services, Bureau of Unclaimed Property (Bureau) broke previous unclaimed property auction records at Saturday’s auction in Orlando, raising more money than previous auctions and breaking last year’s attendance record.

Workers’ Comp Compliance Sweep Nabs 23 Employers

Tue, 07 Aug 2007 16:39:28 GMT

Florida Chief Financial Officer Alex Sink today commended state workers’ compensation compliance investigators who conducted a recent sweep of 177 businesses in two Panhandle counties that resulted in 23 Stop Work Orders against employers found to be operating without the required coverage.

CFO Sink Names New Insurance Fraud Division Director

Tue, 07 Aug 2007 16:23:54 GMT

Florida Chief Financial Officer Alex Sink announced today that she has named a 30-year law enforcement veteran to run the Department of Financial Services’ nationally recognized Division of Insurance Fraud (DIF), a sworn statewide agency that investigates fraud in all lines of insurance.

CFO Sink Reminds Self-employed about August Open Enrollment for Health Insurance

Wed, 01 Aug 2007 13:31:06 GMT

Florida Chief Financial Officer Alex Sink is urging self-employed Floridians to remember that August is open enrollment month for single-group employers to get health insurance or switch plans on a guaranteed-issue basis, meaning insurers and Health Maintenance Organizations (HMOs) must offer coverage without regard to health status. The open enrollment period begins today and continues through August 31, 2007.

My Safe Florida Home Adds New Helpline Specialists

Fri, 27 Jul 2007 20:39:47 GMT

In a continuing effort to improve customer service, Florida Chief Financial Officer Alex Sink today announced the My Safe Florida Home (MSFH) program has added 12 helpline specialists - doubling the resources - to assist homeowners inquiring about the program through its toll free helpline.

CFO Sink Announces Future Initiative to Improve the Recordkeeping of Civil Remedy Notices

Fri, 27 Jul 2007 20:38:05 GMT

Florida Chief Financial Officer Alex Sink today announced her plan to improve the Department of Financial Services’ recordkeeping of civil remedy notices and the resolutions of these disputes between policyholders and insurance companies.

CFO Sink Works to Streamline Healthy Kids Program without Legislative Action

Thu, 26 Jul 2007 18:08:18 GMT

Florida Chief Financial Officer Alex Sink announced today the formation of an Ad Hoc Committee for the Florida Healthy Kids Corporation that will examine ways to make it easier for families to enroll in the low-cost health insurance program and increase the number of children the program retains.

CFO Sink Returns Rare Century-old $20 Gold Coin

Thu, 26 Jul 2007 17:34:02 GMT

Florida Chief Financial Officer Alex Sink announced today the return of a 1907 gold coin with an estimated value between $25,000 and $90,000 to the daughter of the late Tere Claiborne. Representatives of the state’s Unclaimed Property program presented the coin Thursday to Phyllis Childers of Palm Beach County.

CFO Sink Returns a Purple Heart and Silver Star to the Family of a Florida Marine

Tue, 24 Jul 2007 19:15:19 GMT

Florida Chief Financial Officer Alex Sink announced today the return of a Purple Heart and a Silver Star to the son of the late Kenneth DeVillez, a Marine who earned the medals for injury and bravery sustained at the Battle of Iwo Jima during World War II. Representatives of the state’s Unclaimed Property program presented the medals Tuesday to Daniel DeVillez and his wife Beverly at their residence in Homosassa.

CFO Sink Takes Legal Action to Support Minouche Noel and Family

Tue, 24 Jul 2007 17:39:40 GMT

Florida Chief Financial Officer Alex Sink today filed a complaint asking for a declaratory judgment from the Leon County Circuit Court regarding “The Noel Relief Act,” or Chapter 2007-261, Laws of Florida (House Bill 593). At issue are competing claims for the $8.5 million appropriated by the Florida Legislature to Minouche Noel and her family, which are in direct conflict with the Legislature’s intended payment of the claims bill.

CFO Sink Announces Reward Offered for Information in Arson of Home That Was Target of Anti-Islam Slurs

Fri, 20 Jul 2007 13:48:13 GMT

Florida Chief Financial Officer Alex Sink, who also serves as state fire marshal, announced today that a reward of up to $2,500 is being offered for information leading to the arrest of whoever is responsible for an intentionally set fire on July 6 at a Sarasota residence where anti-Islam slurs were also spray-painted throughout the home.

Letter from CFO Sink to Governor, Legislative Leaders about Sunset of No-fault

Wed, 18 Jul 2007 16:01:55 GMT

Chief Financial Officer Alex Sink today sent Governor Charlie Crist, Senate President Ken Pruitt, House Speaker Marco Rubio and other legislative leaders the letter copied below about the implications of the October 1, 2007, sunset of Florida’s Motor Vehicle No-Fault Law.

CFO Sink Advises Floridians That Tennessee Has Placed Nfoa into Receivership

Tue, 17 Jul 2007 13:56:25 GMT

Following up on a warning she issued in April, Florida Chief Financial Officer Alex Sink is now advising Florida consumers who made annuity transactions with the unauthorized Tennessee-based National Foundation of America (NFOA) that the Tennessee Department of Commerce and Insurance (TDCI) has appointed a special deputy to take over and resolve the company’s business affairs.

Consumer Alert: CFO Sink Warns of Bogus Lottery, Check Scam

Tue, 17 Jul 2007 13:55:08 GMT

Florida Chief Financial Officer Alex Sink is warning consumers to be on the lookout for a bogus lottery contest scam that includes a letter indicating the recipient has won money from the “North American Prize Pool” along with a check that appears to be a State of Florida warrant and contains the CFO’s name and signature—but it is all bogus, warned CFO Sink.

My Safe Florida Home Program to Sign up Homeowners for Free Wind Inspections at Faia Hurricane Expos

Fri, 13 Jul 2007 18:44:23 GMT

Florida Chief Financial Officer Alex Sink announced that over the next two weekends the My Safe Florida Home (MSFH) program will be signing up eligible homeowners for free wind inspections at the Florida Association of Insurance Agents' (FAIA) Hardening Your Home Against Hurricanes: A Trusted Choice Safe Living Expos.

State Fire Marshal’s Office Providing Disaster Training for Florida’s Fish and Wildlife Officers

Wed, 11 Jul 2007 17:31:07 GMT

Florida Chief Financial Officer and State Fire Marshal Alex Sink said Floridians will be better protected this hurricane season now that dozens of law enforcement officers from the Florida Fish and Wildlife Commission (FWC) have been trained to deploy during natural or manmade disasters with the state’s nine Urban Search and Rescue (US&R) teams.

CFO Sink Revokes Agent’s License for Exploiting Seniors

Wed, 11 Jul 2007 17:28:15 GMT

Florida Chief Financial Officer Alex Sink has revoked the license of a south Florida insurance agent and ordered him to pay a $40,000 fine for targeting senior citizens, some suffering from dementia, for the sale of unsuitable deferred annuity products.

CFO Sink Delivers Nearly $5,000 Check from the My Safe Florida Home Program to Pensacola Resident Friday

Fri, 06 Jul 2007 18:32:40 GMT

Florida Chief Financial Officer Alex Sink today personally delivered a matching grant reimbursement for $4,942.57 to a Pensacola homeowner who hardened his home through the state’s My Safe Florida Home (MSFH) program.

Banker Obdulio Piedra Elected Chair of Financial Literacy Council

Tue, 03 Jul 2007 14:19:33 GMT

Florida Chief Financial Officer Alex Sink announced last week’s election of Obdulio Piedra as chair of the Financial Literacy Council. As Market President of Great Florida Bank in Miami, Piedra has extensive experience in financial matters and is focused on helping Floridians make better financial decisions.

CFO Sink Orders 50 Percent Reduction in Workers’ Comp Admin Trust Fund Assessment Rate

Tue, 03 Jul 2007 13:21:12 GMT

Florida Chief Financial Officer Alex Sink today ordered a 50 percent cut in the 2008 Workers’ Compensation Administration Trust Fund assessment rate. This reduction is projected to result in as much as $19 million in savings that can be passed on to Florida employers.

CFO Sink to State Employees: Maximize State Bonus by Investing in Deferred Comp

Mon, 25 Jun 2007 13:56:27 GMT

Florida Chief Financial Officer Alex Sink today unveiled a new initiative that gives state employees a way to maximize their annual bonus by investing it in the State of Florida Deferred Compensation Plan.

CFO Sink Announces First Meeting of Financial Literacy Council in Tallahassee Monday

Fri, 22 Jun 2007 20:41:28 GMT

In an ongoing effort to increase financial literacy and help Floridians make better financial decisions, Florida Chief Financial Officer Alex Sink announced that the Financial Literacy Council will convene its first meeting next week in Tallahassee. The meeting will be held from 9 a.m. – 3 p.m. on Monday, June 25, 2007, at the Capitol Complex, House Office Building, Room 306.

State Fire Marshal Sink Supports 2007 International Fire and Ems Safety Stand Down

Tue, 19 Jun 2007 20:33:41 GMT

Florida Chief Financial Officer and State Fire Marshal Alex Sink is calling for Florida's firefighters to join fellow responders around the nation in a "stand down" this week and suspend all non-emergency activity to focus on safety during the 2007 International Fire and EMS Safety Stand Down, being held this week through Saturday, June 23, 2007.

My Safe Florida Home ‘blowing’ through Wind Inspections

Fri, 15 Jun 2007 16:30:21 GMT

More than one month ahead of schedule, Florida Chief Financial Officer Alex Sink today announced that the My Safe Florida Home (MSFH) program has “blown” through its waiting list and urged more Florida homeowners to take advantage of the valuable service through the program. Since the program resumed offering inspections in late April, more than 50,000 Floridians who were on the program’s waiting list from the pilot phase have received free wind inspections.

27 Arrested in Miami Staged Accident Ring

Thu, 14 Jun 2007 18:24:16 GMT

Florida Chief Financial Officer Alex Sink announced today the arrests of 27 people in an ongoing investigation into a staged accident ring that billed auto insurers more than $300,000 in fraudulent Personal Injury Protection (PIP) claims. The investigation was dubbed “Operation TGIF” because the staged accidents occurred on Fridays.

CFO Sink and Commissioner Bronson to Host Second Workshop “Conversations on Climate Change”

Mon, 11 Jun 2007 15:47:30 GMT

Florida Chief Financial Officer Alex Sink and Commissioner of Agriculture Charles Bronson will host the second in a series of “Conversations on Climate Change,” on June 12, 2007 at 11:00 a.m. The second workshop, set to begin after Tuesday’s Florida Cabinet meeting is titled Climate Change: Renewable Energy Solutions.

Task Force on Citizens Property Insurance Claims Handling and Resolution to Meet in Pensacola Wednesday

Fri, 08 Jun 2007 16:21:03 GMT

In an ongoing effort to improve Citizens’ policyholder and applicant services, Florida Chief Financial Officer Alex Sink is convening the third meeting of the legislatively-created Task Force on Citizens Property Insurance Claims Handling and Resolution.

CFO Sink Bans Insurance Agent for Exploiting Elderly Jewish Florida Consumers

Wed, 06 Jun 2007 13:53:21 GMT

Florida Chief Financial Officer Alex Sink has revoked the license of a south Florida agent and permanently banned him from the insurance business in Florida for using his insurance license to exploit elderly Jewish Floridians.

State Fire Marshal and CFO Sink Appoints New Fire Chief to the Bureau of Fire and Arson Investigations

Wed, 06 Jun 2007 13:42:55 GMT

Florida Chief Financial Officer and State Fire Marshal Alex Sink today announced the appointment of Dan Spillman as Chief of the Bureau of Fire and Arson Investigations.

State Fire Marshal Accelerant K9 to Retire

Mon, 04 Jun 2007 14:59:44 GMT

The Florida State Fire Marshal’s Office will be retiring its Southern Region Accelerant K9 “Buddy” on Tuesday, June 5, at 9:30 a.m. at the Plantation Fire Department located at 550 NW 65 Ave. in Plantation.

CFO Sink: New Urban Search and Rescue Training Facility Will Make Florida Better Prepared for Disaster

Fri, 25 May 2007 20:04:37 GMT

Florida Chief Financial Officer and State Fire Marshal Alex Sink said a new Urban Search and Rescue (US&R) training facility, one of the first of its kind in the nation to simulate a post-blast environment with smoke and heat, represents the state’s continuing commitment to be better prepared for potential disasters.

CFO Sink Applauds 14-year Prison Sentence Handed down in Workers’ Compensation Fraud Case

Fri, 18 May 2007 17:36:45 GMT

Florida Chief Financial Officer Alex Sink applauded a 14-year sentence handed down Wednesday against Thomas Daniel King, former owner and operator of a now-defunct professional employee organization, Miralink Group Inc., which left thousands of workers in Florida and several states without workers’ compensation coverage despite collecting more than $5.8 million in premiums.

CFO Sink Delivers Nearly $300,000 in Unclaimed Cash to Sarasota County Youth Instructor

Thu, 17 May 2007 18:59:55 GMT

Florida Chief Financial Officer Alex Sink today delivered a check for nearly $300,000 in unclaimed cash to a Sarasota County youth instructor along with a lesson on the importance of regularly checking the Bureau of Unclaimed Property website.

CFO Sink Announces Formation of Citizens Task Force on Claims Handling and Resolution

Wed, 16 May 2007 19:15:41 GMT

In an ongoing effort to improve Citizens’ policyholder and applicant services, Florida Chief Financial Officer Alex Sink announced today appointees to the legislatively-created Task Force on Citizens Property Insurance Claims Handling and Resolution. The first meeting is scheduled for Monday, May 21, 2007, from 9 a.m. – 3 p.m. at the Citizens Claims Center in Jacksonville.

Current, Former Heads of Kidcare Urge Quick Save by Lawmakers

Tue, 08 May 2007 14:34:08 GMT

Three days after the Florida Legislature ended its annual session without steps to bolster a program that provides low-cost health insurance for hundreds of thousands of kids, U.S. Sen. Bill Nelson and Chief Financial Officer Alex Sink today urged Gov. Charlie Crist and legislative leaders to shore up the program during an upcoming special session.

CFO Alex Sink Congratulates Legislature for Improving My Safe Florida Home Program

Thu, 03 May 2007 19:59:12 GMT

Florida Chief Financial Officer Alex Sink today applauded the Legislature’s passage of HB 7057, which makes improvements to the state’s My Safe Florida Home (MSFH) program.

CFO Sink Applauds Florida Legislature for Increasing Protections for Florida’s Military from Deceptive Insurance Practices

Wed, 02 May 2007 18:35:55 GMT

The Florida Legislature today passed House Bill 1381, which allows the Department of Financial Services and the Financial Services Commission to adopt formal rules that increase protections against deceptive insurance practices for military service men and women.

Statement from CFO Sink Encouraging Legislature to Resolve Impasse on Kidcare

Wed, 02 May 2007 17:12:50 GMT

With less than three days remaining in the Legislature and no agreement on legislation that would improve the KidCare program, Florida Chief Financial Officer Alex Sink today urged the House and Senate to resolve the current stalemate, which threatens to undermine the work of Florida’s Congressional Delegation in reauthorizing federal funding for the program.

State Fire Marshal’s Office, Tallahassee Fire Department to Conduct Mock Vehicle Arson Investigation

Wed, 02 May 2007 16:57:35 GMT

Florida Chief Financial Officer and State Fire Marshal Alex Sink along with the Division of State Fire Marshal and the Tallahassee Fire Department will conduct a mock vehicle arson investigation beginning at 10 a.m., Wednesday, May 9, 2007.

“Be Prepared” Boy Scouts Holding Camporee at the Florida State Fire College

Tue, 01 May 2007 17:49:06 GMT

Dave Casey, Bureau Chief at the Fire College, announced that approximately 120 Boy Scouts will be occupying the campus beginning Friday evening.

CFO Sink Honors Decorated Military Reservist, State Representative Michael Scionti

Tue, 01 May 2007 13:46:26 GMT

In admiration of his commitment to military service, Florida Chief Financial Officer Alex Sink today proposed a resolution at the Florida Cabinet meeting to honor State Representative Michael Scionti of Tampa. Rep. Scionti is a Captain in the United States Army Reserve and has been awarded both the Army Commendation Medal and the Bronze Star for exceptional meritorious performance of duty in ground combat operations.

Detective Amy, Fire Marshal K-9, Helps Win 20-year Sentence against Panama City Man Who Killed Dog in Fire

Fri, 27 Apr 2007 16:04:14 GMT

A man who set fire to his home during an argument with his girlfriend was sentenced Wednesday to 20 years in prison after being convicted in Bay County Circuit Court on charges of arson and felony cruelty to animals.

CFO Sink: after Reorganization, My Safe Florida Home Program Resumes Free Wind Inspections Statewide

Mon, 23 Apr 2007 15:07:48 GMT

Florida Chief Financial Officer Alex Sink announced today that the My Safe Florida Home (MSFH) program has been streamlined to provide better service and has been expanded to offer free wind inspections to eligible Floridians statewide.

CFO Sink Joins U.S. Attorney, Fbi in Announcing 25-count Indictment in $100 Million Fraud Case

Thu, 19 Apr 2007 20:29:35 GMT

Florida Chief Financial Officer Alex Sink today joined Acting U.S. Attorney James R. Klindt and Federal Bureau of Investigation (FBI) Special Agent in Charge Michael J. Folmar in announcing a 25-count indictment charging five suspects in a $100 million workers’ compensation fraud scam that left hundreds of workers in Florida and throughout the United States without urgently needed medical care.

Unlicensed Agent Snared in Undercover Operation

Wed, 18 Apr 2007 21:36:12 GMT

A South Florida man is facing charges of selling insurance without a license after he attempted to sell an annuity to an undercover Department of Financial Services’ investigator.

CFO Sink Presents 2006 Fire Service Awards

Tue, 17 Apr 2007 20:22:34 GMT

Florida Chief Financial Officer and State Fire Marshal Alex Sink today honored 10 fire and rescue service personnel and a community college for exemplary dedication to fire and rescue services last year.

CFO Sink: Reward Money Grows in Islamic Center Arson

Tue, 17 Apr 2007 19:49:16 GMT

TALLAHASSEE—Florida Chief Financial Officer Alex Sink, who also serves as state fire marshal, announced today that an additional $2,500 reward is being offered for information leading to the arrest of whoever is responsible for a fire last week at the Islamic Education Center of Tampa. The reward money, posted by the Florida Advisory Council on Arson Prevention, is in addition to $10,000 in rewards already being offered by the Tampa chapter of the Council on American-Islamic Relations and Crime Stoppers of Tampa Bay.

CFO SINK PRESENTS 2006 FIRE SERVICE AWARDS

Tue, 17 Apr 2007 18:51:47 GMT

TALLAHASSEE- Chief Fire Officer Al Cruz of the Miami Dade Fire Rescue was among 10 fire and rescue service personnel honored today by Florida Chief Financial Officer and State Fire Marshal Alex Sink for exemplary leadership last year in the line of duty. CFO Sink presented a proclamation signed by Governor Charlie Crist and other members of the Cabinet recognizing Cruz as 2006 Professional Firefighter of the Year.

CFO SINK PRESENTS 2006 FIRE SERVICE AWARDS

Tue, 17 Apr 2007 18:46:22 GMT

TALLAHASSEE- Linda M. Stoughton, the Deputy Director for St. Johns County Department of Emergency Management was among 10 fire and rescue service personnel honored today by Florida Chief Financial Officer and State Fire Marshal Alex Sink for exemplary leadership last year in the line of duty. CFO Sink presented a proclamation signed by Governor Charlie Crist and other members of the Cabinet recognizing Stoughton as Florida 2006 Emergency Preparedness Manager of the Year.

CFO SINK PRESENTS 2006 FIRE SERVICE AWARDS

Tue, 17 Apr 2007 18:43:06 GMT

TALLAHASSEE- Professor Kurt P. Larson of Pensacola Junior College was among 10 fire and rescue service personnel honored today by Florida Chief Financial Officer and State Fire Marshal Alex Sink for exemplary leadership last year in the line of duty. CFO Sink presented a proclamation signed by Governor Charlie Crist and other members of the Cabinet recognizing Larson as Florida’s 2006 Fire Service Instructor of the Year.

CFO SINK PRESENTS 2006 FIRE SERVICE AWARDS

Tue, 17 Apr 2007 18:39:20 GMT

TALLAHASSEE- Brevard Community College was recognized today by Florida Chief Financial Officer and State Fire Marshal Alex Sink as 2006 Florida Training Center of the Year. CFO Sink presented a proclamation signed by Governor Charlie Crist and other members of the Cabinet recognizing the college along with 10 individuals recognized for outstanding leadership in the fire and rescue services.