State record of $321 million in unclaimed property back to residents and businesses

Published July 20 2018
Updated July 20 2018

More than $321 million was returned to Florida residents and businesses from the stateís unclaimed property in the past fiscal year.

Chief Financial Officer (CFO) Jimmy Patronis took office in July 2017 and said this yearís total broke last yearís record by $8 million.

Since last July, nearly 635,000 claims were paid, but there are still more than 14 million accounts valued at about $2 billion that havenít been claimed. Unclaimed property is found in dormant accounts in insurance and utility companies, financial institutions, securities and trust holdings. It also includes tangible property such as coins, currency, watches, jewelry, stamps and historical items.

Visit a href="" target="_blank"> for more information on the state division of unclaimed property.

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Contact Hannah Denham at [email protected] Follow @hannah_denham1.