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CFO Jeff Atwater and Commissioner David Altmaier Host Insurance Roundtable Marking the End of Hurricane Season

12/5/2016

Contact: Ashley Carr, CFO Atwater
(850) 413 - 2842
 
Contact: Amy Bogner, Commissioner Altmaier
(850) 413 - 2515
 
ST. AUGUSTINE, Fla. – On Friday, December 2, Florida Chief Financial Officer Jeff Atwater and Insurance Commissioner David Altmaier hosted an insurance roundtable discussion with representatives from more than 25 insurance companies operating in Florida. Hosted at the conclusion of the 2016 Atlantic Hurricane Season, CFO Atwater and Commissioner Altmaier invited the insurance industry as well as the Federal Emergency Management Agency to engage in a public conversation about the successes and challenges related to the first two storms Florida has faced—Hurricanes Hermine and Matthew— in more than ten years.
 
Recent data reports show more than 112,000 insurance claims totaling $729 million in losses as a result of Hurricane Matthew and 18,000 insurance claims totaling $95 million as a result of Hurricane Hermine. As these insurance claims are processed, paid and closed, CFO Atwater and Commissioner Altmaier have closely followed the insurance industry’s claims-paying practices to ensure that Floridians are treated fairly and their claims are handled appropriately.
 
“We will not accept anything less than the best and most efficient effort from every single insurance company operating in the state of Florida,” said CFO Atwater. “Commissioner Altmaier and I are pleased with what we’ve seen thus far, but we will continue to meet with residents until Floridians’ concerns have been addressed.”
 
"We had a great event and I am encouraged by the responsiveness of the insurance industry,” said Commissioner Altmaier. “Our office stands ready to be a resource for consumers on claims related to Hurricanes Hermine and Matthew."
 
Consumers who have questions about their insurance coverage or claims are encouraged to call CFO Atwater’s Department of Financial Services, Division of Consumer Services’ Insurance Helpline. Helpline experts can be reached by calling 1-877-MY-FL-CFO (1-877-693-5236), or online at www.myfloridacfo.com/division/consumers/.
 
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About the Department of Financial Services
Chief Financial Officer Jeff Atwater, a statewide elected official, oversees the Department of Financial Services. CFO Atwater’s priorities include fighting financial fraud, abuse and waste in government, reducing government spending and regulatory burdens that chase away businesses, and providing transparency and accountability in spending. Follow the activities of the Department on Facebook (FLDFS) and Twitter (@FLDFS).
 
About the Florida Office of Insurance Regulation
The Florida Office of Insurance Regulation has primary responsibility for regulation, compliance and enforcement of statutes related to the business of insurance and the monitoring of industry markets. For more information about the Office, please visit
www.floir.com or follow us on Twitter @FLOIR_comm and Facebook.