The Florida Department of Financial Services’ Division of Insurance Fraud today announced Chris Smith of Panama City pled no contest to three charges of acting as a bail bond agent without a license and one charge of burglary. He has been sentenced to 30 months in a state prison, which will be served concurrently with a previous sentence of 60 months for witness tampering in a related case led by the Bay County Sheriff’s Office. He has also been ordered to pay investigative costs.
The Florida Department of Financial Services’ Division of Insurance Fraud is inviting public comment as the division proceeds through its reaccreditation process. Accreditation is a certification issued by an independent reviewing authority confirming that an entity has met specific requirements and prescribed standards of excellence. The Division of Insurance Fraud became accredited in February 2009 and was awarded reaccreditation in June 2012.
During the 2015 Legislative Session, Chief Financial Officer Jeff Atwater is focused on supporting Florida’s workforce, streamlining government and fighting fraud. His legislative priorities include creating a college-to-career pathway for Florida’s insurance professionals and expanding the state’s unclaimed property program.