Florida Finds Owners for $173 Million in Unclaimed Property, Benefits, Deposits

July 2, 2009

Florida returned over $173 million in unclaimed property for the most recent fiscal year– the largest amount in state history, according to CFO Alex Sink and her Bureau of Unclaimed Property.

The Bureau of Unclaimed Property is currently holding 8.8 million accounts, mostly from dormant accounts in financial institutions, unclaimed utility deposits, insurance benefits, premium refunds, uncashed checks and trust accounts, as well as watches, jewelry, coins, stamps and historical items from abandoned safe deposit boxes.

Since the program’s inception 48 years ago, the bureau has successfully reunited owners or relatives of deceased owners with more than $1.4 billion in unclaimed property held in Florida.

Unclaimed property can be claimed for free at any time by the rightful owners or heirs by logging on to www.FLTreasureHunt.org or by calling the Bureau at 1-88-VALUABLE.

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