CFO Jimmy Patronis Announces Arrest in $25,000 St. Lucie County Insurance Fraud Scheme
FORT PIERCE, Fla. - Today, Chief Financial Officer (CFO) Jimmy Patronis announced the arrest of Nancy Salomon in St. Lucie County for a False and Fraudulent Insurance Claim for her alleged involvement in a scheme to defraud her home insurance company out of more than $25,000 in insurance proceeds.
CFO Jimmy Patronis said, “By misrepresenting the facts and lying to insurance companies for personal gain, it makes insurance more expensive for all Floridians. It’s simple - when folks choose to game the system to make a quick buck everyone loses. I want to thank my dedicated fraud detectives for their hard work on this case and making sure that we keep fraud in check and insurance costs as low as possible for all Floridians.”
In January 2014, Nancy Salomon applied for a personal property homeowners policy with Olympus Insurance Company, denying to make any claims on the application. In June 2018, she made a homeowners claim to Olympus Insurance Company for water damages at her residence in Port St. Lucie. Olympus discovered that Salomon had a pre-existing claim with American Integrity Company at the same residence, which was not disclosed in the initial policy application with Olympus.
Further investigation by the Division of Investigative and Forensic Services (DIFS) revealed that Salomon filed a claim with American Integrity in February 2013 for water damages to her kitchen and cabinets. This claim was settled for $2,000. This damage in the American Integrity loss claim pre-dates the Olympus policy and is a part of the Olympus claim date loss of June 20, 2018. Furthermore, she did not disclose the previous loss claim to Olympus, therefore the potential coverage risk was not evaluated.
Based on the investigation, Salomon knowingly submitted an insurance claim when she was not entitled to those benefits. As a result of the misrepresented claim, Olympus paid Salomon $25,543.80. Salomon was charged for submitting a water damage claim with false and misrepresented facts.
Nancy Salomon turned herself in at the St. Lucie County Jail after an arrest warrant was issued on June 15, 2023. If convicted on all charges, she faces 5 years in prison.
About CFO Jimmy Patronis
Chief Financial Officer and State Fire Marshal Jimmy Patronis is a statewide elected official and a member of Florida’s Cabinet who oversees the Department of Financial Services. CFO Patronis works each day to fight insurance fraud, support Florida’s firefighters, and ensure the state’s finances are stable to support economic growth in the state. Follow the activities of the Department on Facebook (FLDFS) and Twitter (@FLDFS).