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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]
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's Division of Insurance Fraud continues to lead the fight against insurance fraud under the leadership of Colonel John Askins. During Fiscal year 2008/2009, investigative efforts by The Division of Insurance Fraud resulted in 982 cases presented for prosecution, 834 arrests, and 532 convictions. Also during Fiscal Year 2008/2009, The ...
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.
Florida’s crumbling homeowners insurance market is exposing one of the state’s long-running flaws: its reliance on a single company to certify the majority of the state’s insurers.
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In 1988, Gallagher ran in a special election for the office of Treasurer, Insurance Commissioner and Fire Marshal of Florida to fill the last two years of the term of Democrat Bill Gunter, who had resigned to run for the U.S. Senate. He won the Republican nomination handily, taking 459,451 votes (76.48%) to Jeffrey L. Latham's 94,608 (15.75% ...
The same day as the Fitch report — and less than 24 hours after Milton’s landfall — Florida Insurance Commissioner Michael Yaworsky’s office put out a news release highlighting the ...