Navigation Rollout of property insurance fraud squads spikes Florida prosecutions
Months of work by newly created insurance fraud squads has led to a more than twofold increase in successful property insurance fraud prosecutions across Florida, the state’s chief financial officer reported.
CFO Jimmy Patronis said last month that the deployment of two new 12-person insurance fraud units in Central Florida led to the opening of nearly 200 cases that so far have netted $300,000 in restitution. In turn, the number of fraud cases are up 148%, arrests have risen 55% and successful property insurance fraud prosecutions have increased 129%, Patronis said.
“That’s tremendous progress in just one year to protect insurance consumers from fraud and help combat rate increases statewide,” the CFO said in a prepared statement.
