According to the Coalition Against Insurance Fraud, the workers' comp system sees around $34 billion in fraud each year. Credit: New Africa/Adobe Stock According to the Coalition Against Insurance Fraud, the workers' comp system sees around $34 billion in fraud each year. Credit: New Africa/Adobe Stock

A pair of Miami-area business owners were arrested for workers' comp premium fraud and grand theft for underreporting payroll in an effort to secure lower premiums, according to the Florida Department of Financial Services.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]