What Does The Cfo Of Department Of Fiancial Services Do In Florida

What DFS Can Do For Y'all

Jimmy Patronis

Florida Principal Financial Officer

CFO Jimmy Patronis These days, dealing with daily financial pressures tin seem overwhelming to about Florida families. Learning how to make good financial decisions can protect your hard-earned dollars and allow you the freedom to do more of what y'all love. Whether yous are starting a new career, buying your showtime domicile, or just trying to put gas in your tank, I want you to know that as your CFO, I am committed to ensuring you have the tools y'all need to build a potent financial future.

Equally CFO, I oversee the Florida Section of Financial Services (DFS). My department serves consumers and taxpayers through its work in 13 different divisions and boosted initiatives I prepare forth. A earth of information and assist is provided by the section on issues ranging from insurance education and assistance, fire prevention and safety, and even unclaimed cash and property. I have also established additional priorities to assist Floridians including fighting fraud, consumer protection and fiscal transparency.

I of the xiii divisions I oversee, the Partition of Consumer Services, helps consumers brand informed insurance and financial decisions. My dedicated and experienced staff members are continuously trained and informed about whatsoever changes that occur in 26 different categories of insurance. Consumers tin can contact a specialist directly past telephone betwixt the hours of 8 a.thousand. to 5 p.m. at the statewide, cost-gratis number 1-877-MY-FL-CFO (693-5236). Consumers tin as well visit www.MyFloridaCFO.com for 24-hour access to our online insurance library, consumer guides, a calendar of free consumer workshops offered effectually the state, or to ask a question of an insurance specialist. Other items bachelor include:

Verify Before You lot Buy - Bank check agent and company information and licensure before purchasing an insurance policy.
Complaint Comparison - Consumers tin can compare the number of complaints an insurance company has compared to the number of policies they have in strength.
Disaster Aid - The Partition also offers information on protecting your abode and family unit in the consequence of a natural disaster.

Additionally, I oversee the Division of Investigative and Forensic Services, a sworn law enforcement agency that

serves and safeguards citizens and businesses in Florida against acts of insurance fraud, acts of arson, workers' bounty fraud, financial law-breaking and provides forensic services for law enforcement. Our investigators are certified law enforcement officers with the authority to enforce the criminal laws of Florida in relation to insurance transactions, arson and financial investigations, to protect from the resulting affect these crimes take on taxpayers, both personally and financially.

Florida's Bureau of Insurance Fraud leads the nation in the recovery of insurance fraud-related losses through court-ordered restitution. If y'all or someone you know has been the victim of insurance fraud, delight visit our website at world wide web.MyFloridaCFO.com or phone call our Fraud Hotline at 1-800-378-0445.

Individuals who provide tips can remain bearding and are eligible for a reward of upward to $25,000 for information that straight leads to an arrest and conviction in an insurance fraud scheme. The Department of Financial Services has awarded more than $365,000 to 63 citizens as part of its Anti-Fraud Reward Program.

My department farther serves and protects Floridians by ensuring state dollars are spent according to land law, licensing and regulating insurance agents and agencies, ensuring employers provide workers' compensation coverage equally required by law, regulating funeral homes and cemeteries, and rooting out public assistance fraud. To find out if the Department'southward Division of Unclaimed Property is property unclaimed greenbacks or holding for you, call 1-888-258-2253 or visit www.FLTreasureHunt.gov.

I hope you have learned more about my office and the many means we serve you everyday. I invite you lot to visit our website at www.MyFloridaCFO.com to acquire more. Rest assured that I am committed to serving yous by keeping your hard-earned coin in your pocket, where information technology belongs.

Chief Financial Officer Jimmy Patronis, a statewide official, oversees the Section of Financial Services and serves every bit the Country Fire Marshal.

CFO Patronis' priorities include fighting financial fraud, corruption and waste matter in government, reducing government spending and regulatory burdens that chase away businesses, and providing transparency and accountability in spending.

Follow the activities of the Department on Facebook (FLDFS) and Twitter (@FLDFS).