Life & Health · Chapter 20 · Financial Services Regulation
Bureau of Unclaimed Property
Definition
Overseen by the CFO, the Bureau holds unclaimed property accounts valued at more than $2 billion — mostly dormant accounts at financial institutions, insurers, utilities, and securities/trust holdings, plus tangible items (watches, jewelry, coins, stamps) from abandoned safe deposit boxes. The Department maintains a public website where Florida residents can search and submit claims for property in their name.
In plain English
The state's lost-and-found for money — including forgotten insurance proceeds.
Easy to confuse with
These are what this term gets tested against — if you can't tell them apart cold, drill the contrast.
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