Insurance Updates

Florida Fraud Case to be Featured on A&E Series

July 9, 2015

The Florida Division of Insurance Fraud will be featured on tonight’s episode of A&E’s newest series, American Takedown, at 10pm EST. According to producers, American Takedown goes behind the scenes of America’s biggest criminal cases. The episode follows the breakdown of a large-scale PIP fraud case, and allows viewers an in-depth look at the inner workings of complex criminal investigations, according to the Department of Financial Services.

The featured case, known as “Operation Cold Call,” uncovered a network of attorneys, doctors and clinic employees who were engaged in recruiting, paying and treating “patients” for treatments that did not exist following staged car accidents in October 2014. For more than a year, insurance fraud investigators worked undercover, embedded into the clinics that were accepting patients who were illegally solicited.

Florida Chief Financial Officer Jeff Atwater said at the time five arrests were made in Martin, Miami-Dade and Palm Beach counties, following the investigation by the Florida Department of Financial Services’ Division of Insurance Fraud. Additional warrants were issued for two people.

Source: Florida Department of Financial Services.



Worried About Dying from Surgery, Hurricane, Plane Crash? Check Out the Odds

Americans who worry about dying worry about the wrong things.

That’s according to the National Safety Council, which kicked off National Safety Month by unveiling its annual list of Americans’ “Odds of Dying” from various causes.

The list of statistical averages – calculated using fatality data for the entire U.S. population – details the lifetime odds of dying from various causes of death.

For example, Americans tend to worry about dying in commercial plane crashes even though  865 times more people are killed in motor vehicle crashes, according to Deborah A.P. Hersman, president and CEO of the National Safety Council.

“While ‘San Andreas’ was No. 1 at the box office, earthquakes are very rare events. Knowing the real odds of dying can empower people to make better choices and result in longer lives,” she added.

Lifetime “Odds of Dying” from common activities versus those that are commonly feared include:

  • A motor vehicle crash (1-112) vs. a commercial airplane crash (1-96,566)
  • Overdosing on opioid prescription painkillers (1-234) vs. being electrocuted (1-12,200)
  • Falling (1-144) vs. a cataclysmic storm (1-6,780)
  • Being a passenger in a car (1-470) vs. a lightning strike (1-164,968)
  • Walking down or crossing the street (1-704) vs. a wasp, bee or hornet sting (1-55,764)
  • Complications from surgical or medical care (1,532) vs. an earthquake (1-179,965)

The NSC notes that because the list is made up of population-wide statistical averages, it does not necessarily determine how any one particular person will die.


Flood Insurance and Flooding Risks

Preferred Risk Policy Extension Program available for Homeowners

Why the PRP Extension?

Flood maps are changing as the assessment of flood risks changes due to community development, aging flood control structures, natural changes to topography, and better technology. The NFIP wants to ease the transition for property owners who have been newly mapped into a high-risk flood zone and the mandatory flood insurance purchase requirements that go along with map changes. If your property was newly mapped into a high-risk flood zone on or after October 1, 2008, you may be eligible for the lower-cost Preferred Risk Policy for up to 2 years after the latter of the two following dates: