WELCOME TO THE ARIES INSURANCE COMPANY BlOG

The Real Story About What Occurred at ARIES INSURANCE COMPANY When the owners of the company, The Fraynd family voluntarily asked Tom Gallagher, Ex-Florida CFO and head of the Department of Financial Services ("DFS"), to assist them in order to save and rehabilitate the company after the aftermath of 9/11, because its major Re-Insurers including General Reinsurance Corporation, ("GenRe") refused to honor their reinsured claims owed to ARIES INSURANCE COMPANY and drove the company to insolvency.

Friday, April 22, 2011

The Florida Inspector General

The Florida Inspector General should take a closer look at the Department of Financial Services including the Division of Insurance Fraud and Investigate the massive fraud, abuse and waste in this agency  and providing transparency and accountability in spending.

See Aries Blog and follow the link on the Aries Insurance Company financial statement as of December 2010 prepared by DFS and posted on DFS website.

http://www.myfloridacfo.com/Receiver/company_pdf/498/498_123110.pdf


Posted by at
Labels: , , , , ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)