Commission actions are decided by majority votes consisting of at least three affirmative votes. Commission members serve as the agency head of the Financial Services Commission. The Financial Services Commission consists of the Governor, Attorney General, Chief Financial Officer, and Commissioner of Agriculture. Offices are maintained at the State Capitol in Tallahassee and around the state as designated. Bureau of Employee Assistance and Ombudsman Office Bureau of Monitoring and Audit, including its Medical Services Sectionģ. Bureau of State Liability and Property Claims.Ģ. Bureau of State Employee Workers' Compensation Claims andģ. Bureau of Risk Financing and Loss Prevention Ģ. The Division of Rehabilitation and Liquidation.ġ. The Office of Internal Affairs and Appointments. The Office of Insurance Consumer Advocate. The Bureau of Fire and Arson InvestigationsĤ. The Division of Investigative and Forensic ServicesĢ. The Division of Insurance Agent and Agency Services The Division of Information Systems (do not refer to as Information "Services"). The Office of the General Counsel (formerly the Division of Legal Services). The Division of Funeral, Cemetery, and Consumer Services The Office of Finance and Budget, including its Bureau of Financial Services. Bureau of Education Advocacy and Research and Bureau of Human Resource Management andġ. The Department is organized into 13 functional Divisions, which perform the work of the Department, and 7 Offices, which assist the CFO in managing the Department and fulfilling the CFO's responsibilities. The CFO is assisted in running the Department by two Deputy Chief Financial Officers and a Chief of Staff. The Department is led by the Chief Financial Officer of Florida (CFO), who is elected statewide to a four year term. 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. Insurance fraud investigation is overseen by the CFO, as well as ensuring businesses have workers' compensation coverage in place for employees, and helping injured workers with benefit payments and re-employment.įlorida Department of Financial Services (FLDFS) is a state agency of Florida. The responsibilities are grand in scope, and that of which you need to be keenly aware is the office of the CFO supervises insurance consumer services, licensing, and oversight of insurance agents and agencies. Title IV, Chapter 17 ( Executive Branch: Chief Financial Officer ) of the Florida Statutes is dedicated to the operations of the CFO. The current CFO began his 4-year term in January 2011, and the election process was not new this man who has served the public since 1993. The Chief Financial Officer (CFO) of the Florida Department of Financial Services is an elected position, which requires living in Florida and provides an office in the Capitol building. In addition, the CFO has administrative oversight over the offices which handle banking and insurance regulation. The office heads the Florida Department of Financial Services and is responsible for overseeing the state's finances, collecting revenue, paying state bills, auditing state agencies, regulating cemeteries and funerals, and handling fires and arsons. The CFO is a combination of the former offices of Comptroller and Treasurer/Insurance Commissioner/Fire Marshal. The office was created in 2002 following the 1998 reforms of the Florida Cabinet. The Chief Financial Officer of Florida is a statewide constitutional officer of Florida. ![]() The Chief Financial Officer is the chief fiscal officer of the state and is responsible for settling and approving accounts against the state and keeping all state funds and securities. Jurisdiction of Duties and Responsibilities
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