Florida Department of Financial Services News

CFO: Florida Workers’ Comp Carriers Expected to Save $20M in Costs Next Year

Cost savings in two Florida funds paid into by workers’ compensation carriers are expected to equal a nearly $20 million reduction in expenses for insurers operating in the state next year, according to a statement from the Florida Department of …

Florida Man Arrested for Stealing Nearly $1.1M in Insurance Premiums

Carlos Gutierrez, the former president and owner of G.M. Underwriters in Miami, was arrested on grand theft and fraud charges after an investigation revealed he stole nearly $1.1 million in insurance premiums from seven insurance and premium finance companies, according …

Arson Arrests Made in Florida String of Fires

Kenneth Beare, Ketrina Cron and a 17-year-old juvenile suspect on arson and burglary charges were arrested in a string of Marion County fires, according to an announcement b y Chief Financial Officer and State Fire Marshal Jeff Atwater. The arrests …

Florida Department of Insurance Fraud Announces Two PIP-Related Arrests

Leonardo F. Marquez Garcia and Dayleann Marie Vallejo-Ruiz, of Miami and Orlando respectively, were arrested on charges of insurance fraud, according to an announcement by CFO Jeff Atwater. An investigation by the Department of Financial Services’ Division of Insurance Fraud …

Undercover Investigation Leads to Nine Arrests for Workers’ Comp Fraud in Florida

A two-day undercover operation in Manatee County focusing on unlicensed contractors that failed to provide workers’ compensation insurance, resulted in the arrests of nine men, according to CFO Jeff Atwater. The operation was conducted by the Florida Department of Financial …