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Chief Financial Officer Jimmy Patronis today announced that assistance provided by insurance experts working Florida’s Insurance Consumer Helpline led to the recovery of more than $16.6 million during the first half of 2017. Helpline experts answered more than 141,000 calls from Floridians and aided in the recovery of funds that included insurance claim payments and premium refunds that consumers sought the Department of Financial Services’ help collecting.
On Tuesday evening, Chief Financial Officer and State Fire Marshal Jimmy Patronis launched Florida’s Firefighter Grant Assistance Program with a check delivered to the Monticello Volunteer Fire Department. The first of its kind, the grant program will benefit volunteer fire departments across Florida by making funding available to purchase costly fire safety equipment. During its initial year, nine fire departments will receive a total of $150,000. Recognizing its life-saving importance, the Florida Legislature increased second-year funding to $1 million.
Chief Financial Officer Jimmy Patronis today announced that the Florida Division of Unclaimed Property returned an astonishing $313 million during the 2016-2017 fiscal year, the highest annual return figure in the program’s 56-year history. More than 513,000 individual claims were paid throughout the 2016-2017 fiscal year, a double-digit increase over the previous fiscal year. One in five Floridians has an unclaimed account in their name, and all are encouraged to regularly search for accounts on the Division’s website.