Department of Financial Services

Printer Friendly Version

For assistance, call (850) 413-3089 or visit https://www.myfloridacfo.com/ask-fldfs

What is the purpose of the department?

The purpose of the Florida Department of Financial Services is to safeguard the integrity of the transactions entrusted to the department and to ensure that every program within the department delivers value to the citizens of Florida by continually improving the efficiency and cost effectiveness of internal management processes and regularly validating the value equation with customers.

What activities are performed by the department?

The department's activities include the following.

Accounting and Auditing promotes financial accountability for public funds throughout state government, provides comprehensive information regarding how state funds are expended, and manages payroll services for state employees.
Administration oversees administrative supports for the department including human resources, purchasing and contracts, emergency management and safety, mail and printing services, and property and facility management.
Consumer Services provides education, information, and assistance to consumers for products or services regulated by the department or the Financial Services Commission, and serves as a mediator between consumers and insurance companies.
Criminal Investigations conducts investigations related to insurance, workers' compensation, and public assistance fraud; fire, arson, and explosives; and the theft or misuse of state funds.
Funeral, Cemetery, and Consumer Services licenses individuals and entities in the death care industry, regulates the activities of licensees, and provides information regarding the death care industry.
Insurance Agent and Agency Services licenses individuals and entities authorized to transact insurance in Florida and investigates alleged violations of the Florida Insurance Code.
Public Assistance Fraud investigates allegations of fraud and abuse of state-administered public assistance programs including cash/TANF, SNAP, and Medicaid programs.
Rehabilitation and Liquidation acts as the court-appointed receiver for insurers placed in receivership, takes actions necessary to correct the conditions that necessitated the receivership, and maximizes the value of the assets of the liquidated company.
Risk Management ensures that participating state agencies are provided quality workers’ compensation, liability, federal civil rights, and property insurance coverage at reasonable rates, and provides loss prevention services to state agencies and universities for managing risk.
State Fire Marshal protects life, property, and the environment from the devastation of fire, and approves Florida's firefighter training curricula, provides training to emergency services providers, and certifies fire service members.
Treasury ensures that state and local funds, deferred compensation contributions, and cash and other assets held for safekeeping by the Chief Financial Officer are accurately accounted for, completely invested, and protected.
Unclaimed Property protects the rights of property owners by taking custody of and safeguarding lost, abandoned, and unknown assets, and returning them to the rightful owners or heirs.
Workers' Compensation assists injured workers, employers, health care providers, and insurers in following the Florida workers’ compensation rules and laws, and ensures that businesses have coverage in place for employees.

How are these activities funded?

The funding information listed below is provided by Transparency Florida. Please contact the department for more information on its funding. Additional information about department funding and activities is available on the State of Florida Fiscal Portal.

Fiscal Year: 2025-26

	Fund	Dollars	Positions
FINANCIAL SERVICES, DEPARTMENT OF
PROGRAM: FINANCIAL ACCOUNTABILITY FOR PUBLIC FUNDS
	FLORIDA PLANNING ACCOUNTING AND LEDGER MANAGEMENT	72,100,782	91.00
	RECOVERY AND RETURN OF UNCLAIMED PROPERTY	7,109,528	65.00
	STATE FINANCIAL INFORMATION AND STATE AGENCY ACCOUNTING	31,306,003	163.00
PROGRAM: FINANCIAL SERVICES COMMISSION
OFFICE OF FINANCIAL REGULATION
	EXECUTIVE DIRECTION AND SUPPORT SERVICES	13,787,734	21.00
	FINANCE REGULATION	13,958,672	90.00
	FINANCIAL INVESTIGATIONS	4,893,402	40.00
	LEGAL SERVICES	4,472,056	34.00
	SAFETY AND SOUNDNESS OF STATE BANKING SYSTEM	14,108,896	94.00
	SECURITIES REGULATION	9,766,192	74.00
OFFICE OF INSURANCE REGULATION
	COMPLIANCE AND ENFORCEMENT - INSURANCE	53,647,653	280.00
	EXECUTIVE DIRECTION AND SUPPORT SERVICES	4,869,545	34.00
PROGRAM: FIRE MARSHAL
	COMPLIANCE AND ENFORCEMENT	6,699,037	65.00
	FIRE MARSHAL ADMINISTRATIVE AND SUPPORT SERVICES	83,006,092	15.00
	PROFESSIONAL TRAINING AND STANDARDS	15,609,744	30.00
PROGRAM: INVESTIGATIVE AND FORENSIC SERVICES
	FIRE AND ARSON INVESTIGATIONS	21,770,386	136.00
	FORENSIC SERVICES	1,591,140	9.00
	INSURANCE FRAUD	34,652,902	213.00
	OFFICE OF FISCAL INTEGRITY	1,111,217	10.00
	PUBLIC ASSISTANCE FRAUD	8,503,376	79.00
PROGRAM: LICENSING AND CONSUMER PROTECTION
	CONSUMER ASSISTANCE	19,033,994	115.00
	FUNERAL AND CEMETERY SERVICES	3,100,543	27.00
	INSURANCE COMPANY REHABILITATION AND LIQUIDATION	4,148,591	1.00
	LICENSURE, SALES APPOINTMENT AND OVERSIGHT	12,426,722	114.00
PROGRAM: OFFICE OF CHIEF FINANCIAL OFFICER AND ADMINISTRATION
	CONSUMER ADVOCATE	1,042,890	5.00
	EXECUTIVE DIRECTION AND SUPPORT SERVICES	552,875,291	132.00
	INFORMATION TECHNOLOGY	35,546,016	104.00
	INFORMATION TECHNOLOGY - FLAIR INFRASTRUCTURE	21,160,906	57.00
	LEGAL SERVICES	23,794,880	87.00
PROGRAM: STATE PROPERTY AND CASUALTY CLAIMS
	STATE SELF-INSURED CLAIMS ADJUSTMENT	101,480,503	116.00
PROGRAM: TREASURY
	DEPOSIT SECURITY	3,182,376	20.00
	STATE FUNDS MANAGEMENT AND INVESTMENT	5,965,332	25.50
	SUPPLEMENTAL RETIREMENT PLAN	2,027,146	12.00
PROGRAM: WORKERS' COMPENSATION
	WORKERS' COMPENSATION	36,217,366	276.00
TOTAL		1,224,966,913	2,634.50

Source: www.transparencyflorida.gov

Where can I find information on the department's performance?

Performance measures and standards for the department may be found in its Long Range Program Plan.

Additional Resources

OPPAGA Reports and Presentations
A complete list of OPPAGA reports and presentations is available on our website.

Other Reports
Florida Department of Financial Services, Audits and Reports
Florida Department of Financial Services, Consumer Guides
Florida Department of Financial Services, Workers' Compensation Reports
Division of Rehabilitation and Liquidation 2023-2024 Annual Report, Florida Department of Financial Services, 2024
Division of Risk Management Fiscal Year 2024 Annual Report, Florida Department of Financial Services, 2024
Division of State Fire Marshal 2023 Annual Report, Florida Department of Financial Services, 2023
Division of Treasury Annual Report 2022, Florida Department of Financial Services, 2023
A complete list of Auditor General reports is available on its website.

Websites of Interest
Florida Insurance Council
Government Finance Officers Association

Applicable Statutes

Chapters 17, 624, and 655 and ss. 20.121 and 215.5586, Florida Statutes

Department Contact Information

Florida Department of Financial Services Contact Website
Florida Department of Financial Services
200 East Gaines Street
Tallahassee, Florida 32399-0322
(850) 413-3089
Website