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Insurance Broker Settles

May 23rd, 2008 by Mike Vasilinda

Dozens of local governments will benefit from a four million dollar settlement reached by state with insurance broker Aon. The company is alleged to have been paid commissions for directing business to certain companies which were not always in the best interests of the local governments. Sandi Copes of the Attorney Generals office says local government will share two point six million dollars.

The insurance brokers might have been steering some policies towards other places that they really should have been going…and the bottom line was corporate entities and public entities might have been paying more for their premiums then they needed to, ” says Copes. “So when we discovered these allegations we worked with the company, and we believe that through the new disclosures they have to file that there will be a larger area of transparency.

1.4 million of the four million dollar settlement will go to state government to cover the costs of the investigation.

Here is a list of the governments who will share the settlement:

Areawide Housinelderly of Broward County

Bay Medical Center Inc.

Broward County Sheriff`s Office

City of Atlantic Beach

City of Casselberry

City of Clearwater

City of Coral Gables

City of Coral Springs

City of Haines City

City of Miami

City of Miami Bayfront Park

City of Miami Community Redevelopment Agency

City of Miami Fire Fighters & Police Officers

City of Miami Office of the Homeless

City of Orlando

City of Orlando as Administrator

City of Pompano Beach General Employees Retirement

City of St. Petersburg

City of Tallahassee

City of Tampa Housing Authority

City of Temple Terrace

City of Zephyrhills

Dade County Aviation Dept.

Daytona Beach Community College District Board of Trustees

Downtown Development Authority

Edison Community College

Escambia County School District

Florida Association of School Board

Florida City and County Management

Florida Public Utilities

Greater Orlando Aviation

Hardee City Housing

Hardee County Council on Aging

Hillsborough Community College

Hillsborough County Board of County Commissioners

Hillsborough County Expressway Authority

Hillsborough County Hospital Authority

Hillsborough County Public Schools

Indian River County School Board

Jackson County Hospital District

Jackson Memorial Hospital

Lake City Management, LLC

Lake County Sheriffs Office

Marion County School Board

Martin County Council for Arts

Miami-Dade County

Miami-Dade County & Performing Arts Center

North Broward Hospital District

Palm Beach County School District

Palm Beach County Solid Waste Authority

Pinellas County Public Library

Pinellas County School Board

Reedy Creek Improvement District

Seaside Town Council, Inc.

Seminole County

Shands Teaching Hospital and Clinics

South Florida Regional Transportation

Sunrise Key New Improvememtn District

Suwannee Water & Sewer District

Tampa Bay Water

Town of Belleair

Tri-County Commuter Rail

Posted in Business, Charlie Crist, Criminal Justice, Insurance, State News | No Comments »

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