Tag: department of financial services


Jimmy Patronis Recognizes Holocaust Education Week, Highlights Victims Assistance Program

In recognition of Holocaust Education Week, state Chief Financial Officer (CFO) Jimmy Patronis highlighted the Department of Financial Services’ (DFS) Holocaust Victims Assistance Program, which provides assistance to Florida Holocaust survivors seeking to recover...

Florida Officials Announce Arrests in $40 Million Workers’ Comp Fraud Scheme

This week, state Chief Financial Officer (CFO) Jimmy Patronis and Florida Attorney General Ashley Moody announced the arrest of seven individuals as a result of a workers’ compensation fraud investigation, which included multiple shell...

Jimmy Patronis Calls on Veterans, Active Duty Military to Create Financial Plans During Military...

Military Saves Month is a month-long national effort to encourage the military community to strengthen their financial well-being.

Florida’s Insurance Consumer Advocate Takes Aim at Contractor Fraud

Insurance fraud costs more than $40 billion annually, which increases the average family’s insurance premiums between $400 and $700 a year. Fraudulent tactics and schemes perpetrated by professionals who are utilizing harmful contracting and unlicensed adjusting practices are resulting in higher insurance premiums for all Floridians.

Jimmy Patronis Issues Transparency Directive for Vendors Working With DFS

Among a number of provisions, the directive requires DFS leverage the country-of-origin vendor survey that was issued in May, prior to entering into a new contract or approving vendor contract amendments.

Jimmy Patronis Bans TikTok on Department of Financial Services Devices

“TikTok’s own privacy policy states that the video-sharing application records keystroke patterns entered on devices that have downloaded the app. Additionally, China’s 2017 National Intelligence Law requires all companies based in China grant on-demand records access to Chinese intelligence agencies,” the CFO’s office noted.

Jimmy Patronis Wants Mike Pompeo’s Help in Identifying Chinese Assets Held in Unclaimed Property

On Wednesday, Florida Chief Financial Officer (CFO) Jimmy Patronis sent a letter to U.S. Sec. of State Mike Pompeo requesting help in obtaining information of assets that may be owned or controlled by the Chinese government, yet housed in the Florida Treasury as unclaimed property.

Jimmy Patronis: Florida Will Provide Workers’ Comp Coverage for Public Servants on the Front...

On Monday, Florida Chief Financial Officer (CFO) Jimmy Patronis directed the Division of Risk Management to provide workers’ compensation coverage to state employees who are fighting COVID-19.

Jimmy Patronis Taps New Chief of Staff

Florida’s Chief Financial Officer (CFO) Jimmy Patronis named Peter Penrod as chief of staff on Monday.

Florida Government Freezes Insurance Hikes After Hurricane Michael

Scott and state CFO Jimmy Patronis called on Florida’s insurance companies “to expeditiously respond to policyholders’ needs and to treat families fairly” and insisted the “quick response of insurance companies is critical to the recovery of Florida families following Hurricane Michael.”