Chief Financial Officer Jeff Atwater remains focused on raising awareness about the impact that insurance fraud has on Floridians as Fraud Prevention Month comes to a close. The overall cost of insurance fraud, estimated at more than $80 billion nationwide annually, not only damages insurance companies’ abilities to remain competitive and to provide low rates, but also poses a fiscal drain to law-abiding consumers.
The Florida Department of Financial Services’ Division of State Fire Marshal today announced the arrest of 23-year-old Brittney Vanhoose for starting a fire in an Okaloosa County barn on December 14, 2013. Farm equipment was burned in the fire, as well as a large quantity of hay.
The Florida Department of Financial Services’ Division of Insurance Fraud today announced the arrests of four Pinellas County residents for insurance fraud. The four men are accused of intentionally damaging two tow trucks owned by Jimmy’s Towing and Recovery and fraudulently collecting more than $40,000 in insurance payments.