Department of Financial Services
What is the purpose of the department?
The purpose of the Florida Department of Financial Services is to provide assistance to Floridians on a range of consumer-driven topics from insurance and financial education to fire prevention and safety. Among the department's statutory responsibilities are to perform the state's accounting the fiscal auditing functions; manage the state Treasury; operate the state’s risk management program; manage the deferred compensation program for state employees; license and oversee insurance agents and agencies and investigate insurance fraud; ensure that employers provide workers' compensation coverage; collect and return unclaimed property belonging to state residents; regulate cemeteries and funeral homes; and train and certify firefighters, implement fire prevention and control measures, and investigate arson.
What activities are performed by the department?
The department's activities include the following.
- Accounting and Auditing pays all the state’s bills, manages state payroll, processes payments for goods and services used by state agencies, promotes financial accountability throughout state government by providing information about its fiscal soundness, and investigates allegations of waste, fraud and abuse of taxpayers’ money.
- 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 offers a variety of information and resources to educate consumers regarding numerous financial and insurance topics, including life insurance and annuities, mediation, homeowners insurance, automobile insurance, health insurance, and long-term care insurance.
- Criminal Investigations conducts investigations of fraudulent and criminal acts including insurance fraud, workers' compensation fraud, public assistance fraud, theft or misuse of state funds, and arson.
- 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 insurance agents, representatives, and related entities; and investigates alleged violations of Florida’s insurance laws.
- Rehabilitation and Liquidation plans, coordinates, and administers the receivership processes on behalf of the department pursuant to the orders of the receivership court.
- 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; approves Florida's firefighter training curricula; provides training to emergency services providers; and certifies fire service members.
- Treasury ensures that cash and other financial assets held within the Treasury are accurately accounted for, effectively invested, and protected; and to assist state employees with tools to help them prepare for financial security during their retirement years.
- Unclaimed Property acts as custodian for financial assets unknown, lost, left inactive, unclaimed, or abandoned by its owner, but never takes legal ownership of the property. The division uses various methods, including database searches, in an effort to notify owners of their property.
- Workers' Compensation assists injured workers, employers, health care providers, and insurers in following the Florida workers’ compensation rules and laws.
How are these activities funded?
The funding information listed below is provided by Transparency Florida. Additional funding information can be obtained on the State of Florida Fiscal Portal or by contacting the department.
| Fund | Dollars | Positions | |
|---|---|---|---|
| FINANCIAL SERVICES, DEPARTMENT OF | |||
| PROGRAM: FINANCIAL ACCOUNTABILITY FOR PUBLIC FUNDS | |||
| FLORIDA PLANNING ACCOUNTING AND LEDGER MANAGEMENT |
70,902,989
|
91.00 |
|
| RECOVERY AND RETURN OF UNCLAIMED PROPERTY |
8,865,489
|
66.00 |
|
| STATE FINANCIAL INFORMATION AND STATE AGENCY ACCOUNTING |
28,747,022
|
163.00 |
|
| PROGRAM: FINANCIAL SERVICES COMMISSION | |||
| OFFICE OF FINANCIAL REGULATION | |||
| EXECUTIVE DIRECTION AND SUPPORT SERVICES |
13,345,702
|
21.00 |
|
| FINANCE REGULATION |
14,644,779
|
94.00 |
|
| FINANCIAL INVESTIGATIONS |
4,844,309
|
40.00 |
|
| LEGAL SERVICES |
4,839,472
|
35.00 |
|
| SAFETY AND SOUNDNESS OF STATE BANKING SYSTEM |
13,280,545
|
94.00 |
|
| SECURITIES REGULATION |
10,438,905
|
79.00 |
|
| OFFICE OF INSURANCE REGULATION | |||
| COMPLIANCE AND ENFORCEMENT - INSURANCE |
56,355,897
|
282.00 |
|
| EXECUTIVE DIRECTION AND SUPPORT SERVICES |
4,995,111
|
34.00 |
|
| PROGRAM: FIRE MARSHAL | |||
| COMPLIANCE AND ENFORCEMENT |
7,097,099
|
65.00 |
|
| FIRE MARSHAL ADMINISTRATIVE AND SUPPORT SERVICES |
98,303,122
|
20.00 |
|
| PROFESSIONAL TRAINING AND STANDARDS |
9,591,966
|
24.00 |
|
| PROGRAM: INVESTIGATIVE AND FORENSIC SERVICES | |||
| FIRE AND ARSON INVESTIGATIONS |
23,861,016
|
136.00 |
|
| FORENSIC SERVICES |
1,566,705
|
10.00 |
|
| INSURANCE FRAUD |
35,485,927
|
209.00 |
|
| OFFICE OF FISCAL INTEGRITY |
1,519,395
|
13.00 |
|
| PUBLIC ASSISTANCE FRAUD |
10,824,464
|
79.00 |
|
| PROGRAM: LICENSING AND CONSUMER PROTECTION | |||
| CONSUMER ASSISTANCE |
19,371,026
|
115.00 |
|
| FUNERAL AND CEMETERY SERVICES |
3,087,976
|
27.00 |
|
| INSURANCE COMPANY REHABILITATION AND LIQUIDATION |
7,245,425
|
1.00 |
|
| LICENSURE, SALES APPOINTMENT AND OVERSIGHT |
12,764,580
|
114.00 |
|
| PROGRAM: OFFICE OF CHIEF FINANCIAL OFFICER AND ADMINISTRATION | |||
| CONSUMER ADVOCATE |
1,061,111
|
5.00 |
|
| EXECUTIVE DIRECTION AND SUPPORT SERVICES |
406,565,613
|
140.00 |
|
| INFORMATION TECHNOLOGY |
32,635,067
|
104.00 |
|
| INFORMATION TECHNOLOGY - FLAIR INFRASTRUCTURE |
23,685,721
|
57.00 |
|
| LEGAL SERVICES |
22,155,759
|
84.00 |
|
| PROGRAM: STATE PROPERTY AND CASUALTY CLAIMS | |||
| STATE SELF-INSURED CLAIMS ADJUSTMENT |
102,803,256
|
116.00 |
|
| PROGRAM: TREASURY | |||
| DEPOSIT SECURITY |
3,185,689
|
19.00 |
|
| STATE FUNDS MANAGEMENT AND INVESTMENT |
6,114,550
|
26.50 |
|
| SUPPLEMENTAL RETIREMENT PLAN |
2,067,106
|
12.00 |
|
| PROGRAM: WORKERS' COMPENSATION | |||
| WORKERS' COMPENSATION |
36,946,257
|
272.00 |
|
TOTAL |
1,099,199,050 |
2,647.50 |
Where can I find information on the department's performance?
Information on the department’s performance may be found in its Annual Report.
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 2024-2025 Annual Report, Florida Department of Financial Services, 2025
Division of Risk Management Fiscal Year 2025 Annual Report, Florida Department of Financial Services, 2025
Division of Treasury Annual Report 2025, Florida Department of Financial Services, 2026
A complete list of Auditor General reports is available on its website.
Websites of Interest
Florida Insurance Council
Government Finance Officers Association
Applicable 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