Tag: Department of Financial Services

Drew WilsonMarch 30, 2016
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3min220
Two Orlando residents accused of siphoning thousands in food stamp benefits from the government were arrested by the Orange County Sheriff’s Office Wednesday, Florida chief financial officer Jeff Atwater announced. “Today, two criminals found themselves exactly where they belong, and that’s behind bars,” Atwater said. “By stealing hundreds of thousands of dollars in public assistance […]

Guest AuthorMarch 8, 2016
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8min246
Each Legislative Session brings a cadre of bills, usually touted as consumer-friendly measures, that on the surface sound like good-government laws. In reality, such bills often have unintended consequences that should be exposed for consumer protection reasons. Companions House Bill 1041 and Senate Bill 966, related to unclaimed property, form one such example of state […]

Drew WilsonFebruary 24, 2016
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3min611
A bill that would require insurers to take a more proactive stance on paying out life insurance benefits cleared the Senate Wednesday with a unanimous vote. SB 966, sponsored by Fort Myers Republican Sen. Lizbeth Benacquisto, would require insurers to compare their policy rolls with the Social Security Administration’s Death Master File and payout benefits. Current law allows […]

Phil AmmannFebruary 18, 2016
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3min164
A pair of bills making way through both the House and Senate this week seek to make wide-ranging changes to the Department of Financial Services. Among the changes, according to LobbyTools, include the establishment of new public employee programs as well as modifying several existing programs, insurance regulations, fire codes and others. For fire departments, House […]

Peter SchorschFebruary 17, 2016
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2min295
As reported by FloridaPolitics.com earlier this week, the pool of applicants to replace outgoing Insurance Commissioner Kevin McCarty is so far anything but impressive. The applicant list stands at 32 interested parties, yet only three appear to be eligible based on the state’s pre-screening questions. On Tuesday, we learned that former Rep. Tom Grady would not be applying […]

Jim RosicaJanuary 7, 2016
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5min231
Florida Chief Financial Officer Jeff Atwater says he’s “championing” bills this legislative session in three policy areas: Life insurance, divestment from Iran and medical billing. Atwater, first elected in 2010, laid out his priorities in an email sent Wednesday. Life insurance: Atwater wants to “ensure that insurance companies will utilize current technology and public information that will assist […]


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