Florida CFO Jimmy Patronis said: "At my direction, these new fraud fighting squads have also focused on major cases involving organized schemes to defraud that have resulted in four RICO prosecutions statewide. This is a major win in the battle against bad actors working together to deliberately game the system to line their own pockets." (Credit: Michael O'Keene/Adobe Stock)
The two property insurance fraud investigation squads established by the Florida legislature in 2021 have led to a 148% increase in uncovered instances of fraud, a 55% increase in arrests and a 129% increase in successful property fraud prosecutions across the state during the first 12 months of operation, according to Florida's CFO Jimmy Patronis.
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Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
