|Published:||Jan 09, 2013 12:06 PM EST|
|Updated:||Jan 09, 2013 12:06 PM EST|
TALLAHASSEE, Fla. (AP) - Florida is seeking the rightful owners of $25 million in unclaimed life insurance benefits obtained through a settlement with American International Group Inc.
Chief Financial Officer Jeff Atwater said Wednesday that the 61,271 unclaimed accounts are the first batch of several expected to be turned over by AIG.
The settlement is the fifth that Florida has reached with national life insurers. In each case the company failed to use the Social Security Administration's Death Master File to locate life and annuity beneficiaries although many have used the file to stop making annuity payments.
Florida's Bureau of Unclaimed Property now will attempt to return the money to owners or heirs.
People can search for unclaimed property on the bureau's web page - www.FLTreasureHunt.org - or by calling 1-888-258-2253.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
- Early morning crash on US 41 kills pedestrian
- Man surrenders after stand-off in St. James City
- EPA safety testing closes Desoto Middle School today
- Interactive play to teach dangers of drug use
- Man accused of shooting neighbor's black Labrador
- Crash kills 3, injures 2 in central Fla.
- Bieber could get new trial date in Florida case
- FMB holds election for Town Council members
- Injunction for husband of woman who drove in ocean
- Florida election a test for Obama health care law