Florida’s Division of Insurance Fraud and Division of Workers’ Compensation have issued their joint report to the Legislature on their activities for fiscal year July 1, 2007 – June 30, 2008. In contrast to the dismal news reported by many business and government groups, the divisions enjoyed a year of significant success.

According to the national Coalition Against Insurance Fraud (CAIF), in fiscal year 2007-2008, Florida led the nation in the recovery of insurance fraud related losses through court ordered restitution. Efforts by the divisions resulted in the collection of $94 million, a recovery volume 5.5 times greater than the fraud division’s operating budget. Statistics gathered by CAIF further show that Florida’s fraud division is second in the nation in number of arrests (816), third in number of cases presented for prosecution (873), and fourth in number of referrals (9,916).

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