Ron Hurtibise with the Sun Sentinel penned an article titled “Insurers using RICO Act to strike back against alleged fraud.”
By examining insurers use of the Federal Racketeering, Influence and Corrupt Organizations Act, Hurtibise highlighted an oft neglected layer in Florida’s horrible property market. Water mitigation firms are unregulated—the only players in Florida’s substantial pyramid of fraud to be so blessed and, as a consequence, so likely to behave badly. (See NOTE #1 below)