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Florida Department of Financial Services ( FLDFS) is a state agency of Florida. Its headquarters are in Tallahassee. [1] In 2002 the Florida Legislature merged the Department of Insurance, Treasury and State Fire Marshal and the Department of Banking and Finance into one department, the Florida Department of Financial Services. [2]
2003. Formation. 2002. Website. www .myfloridacfo .com. The chief financial officer of Florida is an elected statewide constitutional officer of Florida. The office was created in 2002 following the 1998 reforms of the Florida Cabinet. The CFO is a combination of the former offices of comptroller and treasurer/insurance commissioner/fire marshal.
A 2021 analysis by then-Florida Insurance Commissioner David Altmaier found that Florida made up 8% of the nation’s homeowners’ claims in 2019, but 76% of its lawsuits. Although critics note ...
The most visible responsibility of the officeholder was as Insurance Commissioner. Following the Cabinet reform, the office was merged with that of the state Comptroller to create the new office of Chief Financial Officer of Florida, which oversees the Florida Department of Financial Services. The new department contains many of the functions ...
Florida accounts for 79% of the nation's homeowners insurance litigation, she said, but only 8% of eventual claims paid out. For those claims that are paid, about 71% of the money goes to ...
Another consumer services company, Bankrate, puts the average Florida insurance premium at $5,533 for a $300,000 home compared to the $2,230 national average for a home valued at the same level.
C. Thomas Gallagher III (born February 3, 1944) is an American politician, financier, and insurance agent from the state of Florida and a member of the Republican Party. Gallagher holds the distinction of having served more years as an elected state official than any other individual in Florida history. He began his career in the Florida House ...
The legal penalties for driving without insurance in Florida include fines and a probationary license suspension. See the chart below for a full breakdown: Penalty type. First offense. Subsequent ...