In neighboring news:

On November 3rd, Florida’s Chief Financial officer Jimmy Patronis and the Department of Financial Services (DFS) announced the recent arrest of the owner of a prominent local builder. According to DFS, the owner allegedly obtained a fraudulent workers’ compensation policy by underreporting the company’s number of employees, annual payroll amount and scope of work. The allegedly false information led to avoidance of payments of more than $1 million in premiums.

Read more via PropertyCasualty360 here.

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