"When bad actors scheme to avoid required workers' compensation coverage, they put their employees and customers in danger," Florida Chief Financial Officer Jimmy Patronis said in a release. "Fraud like this also drives-up insurance rates for honest contractors in our state that choose to play by the rules." Credit: chee siong teh/Adobe Stock

The owner of a Miami-area construction company was arrested for workers' compensation premium fraud, application fraud and "organized scheme to defraud" for allegedly underreporting payroll to avoid having to pay a higher premium, according to the Florida Department of Financial Services.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]