January 28, 2011
Eight Floridians who provided information that led to arrests and convictions in five major insurance fraud cases have been given rewards totaling $50,500.
These citizens helped uncover more than $2 million in fraudulent insurance billings leading to 26 arrests to date, according to Florida Chief Financial Officer Jeff Atwater..
“These citizens stepped up and made a tremendous contribution to the fight against insurance fraud,” said Atwater. “Their actions go beyond these cases—they have helped every Floridian who pays more than they should for insurance premiums.”
Four of the cases involved fraudulent Personal Injury Protection (PIP) claims.
Atwater had made combating insurance fraud on of his agency’s priorities.
“It is unfair and unconscionable that every person who buys an auto insurance policy in the state of Florida is paying for the thieves and enabling industries who are gaming the system, and it won’t be tolerated,” said CFO Atwater, who yesterday addressed the Florida House of Representatives Insurance & Banking Subcommittee on auto insurance fraud.
Read the
Full Story.