atwater: hundreds of thousands of policies that we're dealing with just here in florida. >> stahl: jeff atwater is the chief financial officer of florida in charge of regulating the state's insurance industry. >> atwater: you can assume from what we have found that the policies that should have paid out in the '60s, in the '70s, in the '80s, in the '90s were never paid. >> stahl: and you're saying it's part of their plan? looked at, leslie, it would be hard to imagine. this is not a small dollar amount. these are billions of dollars that now stay in the investment accounts of these insurance companies rather than return money to those families. >> stahl: tell us some of the big names. >> atwater: it would be all the large brand names that you're familiar with: john hancock, metlife, prudential. many of these companies have sat down with us and made right. >> stahl: no one disputes that the insurers pay out on policies when the beneficiary files a florida, many of the companies routinely and deliberately disregarded evidence in their own files that the policyholders had died. unless someone file

. >> reporter: jeff atwater, chief financial officer in florida i insurance agency. >> you can assume from what we have found, policies that should have been paid out in 60s, 70s, 80s, 90s were never paid. >> you are saying it is part of their plan. >> after all we looked at, hard to imagine. not a small dollar amount. billions of dollars that stay in the investment cuts of these insurance companies, rather than return money to the families. >> till us some of the big names. >> it would be all the large life, prudential. many have sat done and made right. >> reporter: no one disputes that insurers pay out on policies when the beneficiary files a proper claim. but, says kevin mccarty of florida, many of the companies routinely and deliberately disregarded evidence in their own files that the policy hoeders had died. unless someone filed a claim, he says, the companies would chance m tchance the death benefit. >> life policy in florida january, 2002. insurer died in april. 2008. we actually have in the insurance scum pcompany's file, copy, a scan copy of the death certificate. and the a

walter graham is with jeff atwater's office and helps organize the auction. >> we have folks who see your coverage on television. and they want to come and take a look. just out of curiosity. maybe they say hey, maybe we will find a good buy. and we have other folks who are professional buyers that travel around the country. >> reporter: davis has attended florida's auction for three years. and is looking for valuable coins. he drove up from fort lauderdale and plans to spend thousands tomorrow and then sell it all for a profit. it is a lot of fun. you always meet cool people here. and make some good deals. find interesting stuff. >> reporter: the auction will begin at 10:00 in the morning and will last until all of the items are told. doors at the tampa marriott will open. >> everything. everything you saw there will sell. they have said minimum bids are set. but if i doesn't sell, at the go back to it. so they could be desperate to get rid of it and you could get a really good deal. >> thank you very much shannon. if you have a problem that needs solving or think you have money out

it is regulated through jeff atwater's office. homes once a year. >> the most important thing that you need to be checking when finding a funeral home is whether they're licensed. you can do that on the state's website by finding their license search. when you get inside a funeral home, the first thing that you want to ask is to see their general price list. when you get this, you can see how expensive it is. and then they can't overprice you. >> reporter: as for what funeral home to choose, look at the grounds and reception area and is there adequate air- conditioning and lightning? is it clean? and take a good look at the staff too. how they're dressed and how compassionate they are. for the now, i'm nicole grigg. >>> well, it is not just during tax season that you need to worry about scammers. they could be trying to hit you up for money right now with the kids heading back to school. the irs put out a warning saying that impersonators are student tax. if you don't it, the scammer threatens to report you to police. but this tax

our cfo, jeff atwater, thank you for being here. tod wilcox is up with us today.has already served our country in incredible ways. and of course, my friend for over two decades -- we are old enough to know each other for over two decades, our wonderful governor. thank you. i want to begin, as i always try to do, when i should always remember to do this, and as my lord andches, thank my savior jesus christ. and i take great solace that he will come again in glory to judge the living and the kingdom will have no end. i will be remiss if i don't thank the people who have done this with me, in the good days and the bad ones. that is my wife jeanette and miky four kids. i will kelly right up front, guys. -- i will tell you right up front, guys. we have to leave as quickly as possible. they have school tomorrow and danielle is a test tomorrow. she will be there. [laughter] marco rubio: this has been an unusual road back here with you tonight. as you know, after my recent rates for the presidency, i was prepared to become a private citizen. i was excited about what that