Category: Department of Financial Services
-
Lawmakers rubber stamp false report about key transparency law despite $6 billion in missing contracts
By Daniel Ducassi
FloridaBulldog.org
A legislative committee tasked with being a fiscal watchdog for the state approved a report falsely stating that the requirements of a key financial transparency law have been met despite clear evidence of chronic, widespread violations of the law. -
Ambitious Florida CFO Patronis and the case of the curious $50,000 political contribution
By Dan Christensen
FloridaBulldog.org
Florida’s Chief Financial Officer Jimmy Patronis hadn’t even put a tooth under his pillow before his political action committee raked in the curious $50,000 contribution that foreshadowed his office’s launch of Operation Tooth Fairy. -
Travel insurance’s tricky language leaves customers without refunds during COVID-19
By Ann Henson Feltgen
FloridaBulldog.org
Jack and Vicky Brennan looked forward to a sailing trip out of Grenada in July 2020. Months earlier as COVID-19 got worldwide attention, the St. Petersburg couple decided to purchase travel insurance, in case they couldn’t go. Now, the company won’t pay. -
Miami-Dade rock miners continue to blast away with help from Legislature
By Ann Henson Feltgen
FloridaBulldog.org
Miramar Mayor Wayne Messam has lambasted as virtually worthless a new state program to monitor rock blasting in northwestern Miami-Dade in response to residents’ complaints that it reverberates powerfully through nearby homes. -
Assignment of benefits scams rip off tens of millions of dollars a year
By Joseph A. Mann Jr.
FloridaBulldog.org
Over the last several years, the assignment of benefits by consumers has become a major source of fraud, abuse and overpricing. Insurance companies estimate that AOB abuse costs Florida property owners and insurance companies tens of millions of dollars a year. -
Broward insurance firm-turned-‘Ponzi scheme’ cost Florida, policyholders $100 million
By Dan Christensen
FloridaBulldog.org
The final act in the little-noticed liquidation of a Fort Lauderdale-based insurance company that regulators say evolved into a “Ponzi scheme” that cost Florida and its policyholders more than $100 million is set to unfold in court this spring.
Support Florida Bulldog
If you believe in the value of watchdog journalism, please make your tax-deductible contribution today.
We are a 501(c)(3) organization. All donations are tax deductible.
Join Our Email List
Florida Bulldog delivers fact-based watchdog reporting as a public service that’s essential to a free and democratic society. We are nonprofit, independent, nonpartisan, experienced. No fake news here.