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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.
The Financial Services Commission (FSC) is composed of the Florida governor, chief financial officer, attorney general, and commissioner of agriculture. The FSC serves as agency head for purposes of rulemaking pursuant to sections 120.536-120.565, Florida Statutes. FSC action is taken by majority vote. In case of a tie, the governor's side ...
The new department contains many of the functions of the previous offices, but has less direct control over insurance regulation than the previous office did. This was done to lessen the control of one person over financial services regulation in the state. Tom Gallagher was the last Treasurer/Insurance Commissioner/Fire Marshal and the first CFO.
Florida Department of Agriculture and Consumer Services (FDACS) Florida Department of Business and Professional Regulation (DBPR) Florida Department of Children and Families (DCF)
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 ...
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Following reforms made to the Florida Cabinet, certified to the Florida Constitution in 1998 and enacted in 2003, the office of Treasurer, Insurance Commissioner and Fire Marshal was merged with that of Comptroller, forming the Department of Financial Services controlled by the Chief Financial Officer of Florida. Gallagher was elected to the ...
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