DUBLIN--(BUSINESS WIRE)-- Research and Markets has announced the addition of the "Governance, Risk and Compliance - The Floridian Insurance Industry" report to their offering.

The 'Governance, Risk and Compliance - The Floridian Insurance Industry' report is the result of extensive research into the insurance regulatory framework in Florida.

It provides detailed analysis of the insurance regulations for life, property, motor, liability, personal accident and health, and marine, aviation and transit insurance. The report specifies various requirements for the establishment and operation of insurance and reinsurance companies and intermediaries.

The report brings together The research, modeling and analysis expertise, giving insurers access to information on prevailing insurance regulations, and recent and upcoming changes in the regulatory framework, taxation and legal system in the country. The report also includes the scope of non-admitted insurance in the country.

Key Highlights:

- The Floridian insurance industry is regulated by the OIR.

- Composite insurance is not permitted in Florida.

- 100% foreign direct investment is permitted in the Floridian insurance industry.

- Non-admitted insurance is not permitted, with a few exceptions.

- Motor third-party liability insurance is compulsory in Florida.

Key Topics Covered:

1 Introduction

2 Governance, Risk and Compliance

2.1 Legislation Overview and Historical Evolution

2.2 Latest Changes in Regulations

2.3 Legislation and Market Practice by Type of Insurance

2.4 Compulsory Insurance

2.5 Supervision and Control

2.6 Non-Admitted Insurance Regulations

2.7 Company Registration and Operations

2.8 Taxation

2.9 Legal System

3 Appendix

For more information about this report visit http://www.researchandmarkets.com/research/4gfkf4/governance_risk

View source version on businesswire.com: http://www.businesswire.com/news/home/20170216005923/en/

Research and Markets

Laura Wood, Senior Manager

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Source: Research and Markets

BALTIMORE, Maryland, Jan. 23 -- Maryland Attorney General Anthony G. Brown issued the following news release on Jan. 22, 2026:

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Former DC Teacher to Serve One Year in Jail for Felony Insurance Theft Scheme

Attorney General Anthony G. Brown announced today the sentencing of Kanika Oni Boston, 51, of Washington, D.C., on one count of felony theft scheme and one count of felony insurance fraud. The charges stem from fraudulent insurance payments Boston received from the American Family Life Assurance Company of Columbus (AFLAC) and National Teachers Association Life Insurance (NTALife) when she resided in Maryland. The investigation was led by the Maryland Office of the Attorney General's Fraud and Corruption Unit and the Maryland Insurance Administration (MIA).

From August 29, 2016, through July 3, 2017, Kanika Boston submitted seven fraudulent insurance claims under her NTALife short-term disability, accident and specified health event policies. MIA investigators discovered that there was no supporting documentation in the medical records for the claims submitted by the defendant. In total, Boston stole $106,100 from NTALife.

Boston then applied for supplemental policies in her own name from AFLAC, as well as policies in the name of numerous other individuals, both real and fictitious. From October 16, 2017, through November 24, 2021, she submitted in excess of 100 fraudulent claims with fraudulent medical documentation to AFLAC, for which she was reimbursed a total of $324,235.17. Subsequent investigation by MIA revealed that there was no supporting documentation in the medical records for any of the claims submitted by Boston.

On January 13, 2026, the Honorable C. Philip Nichols, Jr., of the Circuit Court for Prince George's County, sentenced Boston to one year in jail at the Prince George's County Detention Center. Upon release, Boston will be on five years of unsupervised probation. If Boston violates probation, she could serve up to 19 years of potential backup time. Boston has previously repaid restitution in full to AFLAC and NTALife in the total amount of $430,335.17.

Boston previously pleaded guilty in front of Judge Nichols on May 30, 2025.

"Insurance fraud drives up costs for everyone and undermines programs that support those who need it most," said Attorney General Brown. "This defendant systematically exploited these safety nets through more than 100 false claims totaling over $430,000. By prosecuting this case and recovering these stolen funds, our Office is protecting resources that Marylanders with disabilities and serious health conditions rely on to cover basic expenses when they are unable to work."

"Fraud substantially increases the cost of insurance for everyone," said Maryland Insurance Commissioner Marie Grant. "The Maryland Insurance Administration was pleased to work with the Office of the Attorney General to make sure this individual faced justice for her actions and to send a message that fraud will not be tolerated in our state."

In making today's announcement, Attorney General Brown thanked his Criminal Division, specifically Criminal Division Chief Katie Dorian, Fraud and Corruption Unit Chief Alexander Huggins, and Assistant Attorney General Michael Palisano, who prosecuted the case. Attorney General Brown also thanked former Assistant Attorney General Roberta Siskind and Assistant Attorney General Jerry Jones who also worked to prepare the case, as well as Maryland Insurance Commissioner Marie Grant, MIA Forensic Auditor Suzzanne Jones, and MIA Investigator William Wagner for their assistance with this investigation. Finally, Attorney General Brown also thanked State's Attorney for Prince George's County Tara H. Jackson for her assistance with this prosecution.

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Original text here: https://oag.maryland.gov/News/pages/Former-DC-Teacher-to-Serve-One-Year-in-Jail-for-Felony-Insurance-Theft-Scheme.aspx