Blog: Alex Sink
Under Alex Sink’s Department of Financial Services Florida Insurance Companies only get a slap on the hand when they break the law.
A Florida online insurance agency found to have sold homeowners policies using unlicensed personnel will pay a $100,000 fine. The agency will also contact every customer affected and offer to rewrite their policies, under terms of a settlement reached with state officials. In March, Chief Financial Officer Alex Sink’s Department of Financial Services took legal…
CFO Sink Statement On People’s Trust Consent Order With OIR
TALLAHASSEE– Florida Chief Financial Officer Alex Sink today released the following statement in response to the Office of Insurance Regulation’s (OIR) Consent Order with People’s Trust Insurance Company: “The Office of Insurance Regulation’s Consent Order with People’s Trust Insurance Company shows that People’s Trust committed numerous violations of the laws designed to protect Florida’s insurance…
