Personal Injury Protection (PIP) fraud is one of the most prevalent in the insurance industry. When insurance carriers, regardless of the type of insurance, take in large financial losses because of fraud, all their policyholders pay in the form of higher premiums. Florida's Chief Financial Officer, Jeff Atwater, announced nine arrests were made for PIP fraud in Miami. After seven staged accidents, these individuals filed more than $242,000 in fraudulent billings to eleven different insurance carriers. This case is still ongoing, and more arrests are expected to be made. Insurance fraud, regardless of the type, is inexcusable. If you suspect someone of committing insurance fraud, report it at the "REPORT FRAUD" page, under our "CONTACT US" tab on our website.
Florida Peninsula Insurance Company's top priority is the safety of our customers, policyholders, and the citizens we service. Visit our website at www.floridapeninsula.com to find out more information on how we can provide you with peace of mind by protecting your home.
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