FCCI earns $ 16 million of the judgement in cases of suspected fraud

A Sarasota, Fla. Circuit Court FCCI Insurance Company A $ 16174977 judgement in a civil action of the year 2002. The judgement against the S & H Drywall Inverness, Fla., and Prime Enterprises Unlimited of Tallahassee, after an internal investigation under the direction of FCCI’s Special Investigations, the unit of incomplete and inaccurate information were created after FCCI, if companies maintaining Workers’ Compensation Insurance FCCI, Sarasota based on the facts and accident insurance commercial suppliers.

FCCI argued that S & H and Prime false nature of the work they have done; Statement Under, the number of their employees and not to disclose the real wages and content of the list of numbers, so that collection FCCI good height of the premium.

“This is a victory for insurance companies on the status of the fight against fraud in the industry,” Joe Keene, Executive Vice President FCCI said. “We are very satisfied with the result, after a long legal remedy is excluded.

The summary in part on the judgement of the Circuit Court Judge G. DeNO Economou contain a triple bonus award of nearly $ 4000000 and $ 12276810 as additional compensation for damage related to the difference in the premium that companies pay in relation to the FCCI, which they paid. Furthermore, it is FCCI be compensated $ 93888 for unreimbursed costs back on some of the people is not disclosed.

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