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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 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. 

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. 

The Florida Office of Insurance Regulation (Office) along with the Department of Financial Services (DFS) and the Office of the Attorney General (AG) today announced a multi-million dollar settlement agreement with Prudential Insurance Company of America and its affiliates (Prudential). By entering this agreement, Prudential is taking a leadership role in the industry to invest resources into efforts to locate beneficiaries of life insurance policies after the insured has died, but a claim has not been received.

Florida chief financial officer on Wednesday announced an arrest for alleged auto insurance fraud, as the Scott administration revs up its campaign for a PIP auto-insurance law changes.

Florida is one of the most expensive states for car insurance, according to the Insurance Information Institute. A fender bender can cost an insurance company tens of thousands of dollars.