Volume 2, No. 5 - July 2011

News You Can Use

- Updating you on what's going on

Upcoming Changes to the MyProfile System

After receiving feedback from our licensee population, we're allowing a little more time for word to get around about the upcoming changes to MyProfile that will go live in the near future. We will e-mail all licensees detailed information prior to implementation of the changes with guidance on creating their new account. For this reason, we are reminding you that it is essential to have your correct e-mail address on file with us now through your MyProfile account so you do not miss this upcoming important communication. The major enhancement allows you to create your own username and password; eliminating the need for logging in with a social security number or federal employer identification number. You will only need to enter that information when you create your new username and password. At the same time, you will also set up security questions and answers to easily retrieve your password in the event you should forget it. Another enhancement stemming from feedback is a simplified license application, reducing the need to go through multiple screens, and allowing the applicant to review their answers to the questions on the application all at one time.

The new system will also allow you to use any internet browser you wish, including your mobile device. This means you can use Firefox, Safari, Chrome, or any of the other browsers in use today - and not limited to just Internet Explorer.

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

Chief Financial Officer Jeff Atwater 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.
Click here to read the press release >>

The Office Announces Re-Launch of Popular Homeowners' Rate Comparison Site

The Florida Office of Insurance Regulation (Office) announced the re-launch of an interactive program designed to assist Florida's homeowners to shop for homeowners' rates. The new system, called the Consumer HomeOwners Insurance Comparison Electronic System (CHOICES), is a revamp of an earlier system developed in 2007. The program assists consumers by allowing them to select between two standard risks, and pick any of Florida's 67 counties. By clicking on each county, consumers will see a pop-up window ranking the rates of leading insurers in these counties.
Click here to read the press release >>

Department Recovers Nearly $12 Million in First Half of 2011 for Florida Consumers

Florida Chief Financial Officer Jeff Atwater announced that the Department of Financial Services' Division of Agent and Agency Services and Division of Consumer Services have helped recover nearly $12 million in claim payments, premium refunds, restitution and recoveries this year for Florida consumers.
Click here to read the press release >>

Department's Division of Insurance Fraud Makes Two Arrests for Staged Accidents in Tampa

Florida Chief Financial Officer Jeff Atwater 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.
Click here to read the press release >>

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

Florida Chief Financial Officer Jeff Atwater announced 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.
Click here to read the press release >>

CFO Atwater Announces Three Arrests in Tampa Premium Fraud Scam

Florida Chief Financial Officer Jeff Atwater 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.
Click here to read the press release >>

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

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.
Click here to read the press release >>

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

Florida CFO Jeff Atwater announced 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 travel insurance offered by Prime Travel Protection to Floridians from 2006 to 2008, which was not approved to be sold in Florida.
Click here to read the press release >>

CFO Atwater Announces Permanent Ban, Restitution Against Senior Swindler

Florida Chief Financial Officer Jeff Atwater 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.
Click here to read the press release >>

Office Announces Multi-State Agreement to Implement Dodd-Frank Wall Street Reform and Streamline Surplus Lines Reporting

The Florida Office of Insurance Regulation (Office) announced that Florida has entered into a multi-agency Nonadmitted Insurance Multi-State Agreement (NIMA). The agreement is authorized by the federal Dodd-Frank Wall Street Reform legislation that was passed last year and allows state authorities to work cooperatively to consolidate reporting and collect and allocate premium taxes for multi-state surplus lines insurance transactions.
Click here to read the press release >>

Make Sure You Don't Miss Important Information From Us

Add FloridaAgentLicensing@MyFloridaCFO.com to your e-mail software's Trusted or Safe Senders List to ensure you are able to receive all notifications from us. Licensees who have a valid e-mail address on file with us, as required by law, receive important e-mail notifications when something that affects your application, license, continuing education, or appointment(s) occurs.  Additionally, we can keep you informed with warnings regarding new schemes and scams being marketed to licensees.  You can update your contact information through your MyProfile account.  We want to keep you informed in a timely manner of pertinent information important to you. You are still required to abide by the Florida Insurance Code regardless of whether you read the information we provide or attempt to provide.

 

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