Vol. 15, No. 1 - March 2025
Welcome
As many of you may know, this week marks my final days as Florida’s Chief Financial Officer. Looking back since I took office in 2017, I can say that serving Floridians has truly been the honor of a lifetime. It has been my mission to ensure we provide exceptional customer service to insurance agents and professionals across our great state. That would not be possible without the men and women who show up day in and day out to serve the people of Florida.
I want to take a moment to express my sincere gratitude to our dedicated division staff. Your commitment and hard work each day play a crucial role in our success. To the thousands of agents statewide, thank you for your unwavering dedication to serving insurance consumers. Your relentless efforts in safeguarding them from fraud, waste, and abuse are invaluable, especially in the wake of the tragic storms that impact our communities. You’ve stepped up over and over again in the face of countless hurricanes and even a worldwide pandemic. Please know that your contributions do not go unnoticed, and they make a significant difference in the lives of many Floridians.
While I may be stepping away from my role, I hold onto the hope that our paths will cross again in the future. Thank you once more for your professionalism, passion, and commitment to excellence. May God bless you all and the incredible state of Florida.
Sincerely,
News You Can Use
Tallahassee, Fla. – Chief Financial Officer (CFO) Jimmy Patronis announced legislation aimed at enhancing Florida’s resilience against hurricanes and severe weather. The proposed legislation, Senate Bill 1466 and House Bill 851, will create the 'My Safe Florida Home Trust Fund,' designed to allocate critical resources towards hardening our communities and ensuring the safety of Floridians during storm events. The My Safe Florida Home Program has been widely successful, allocating more than $576 million in home-hardening grants to more than 58,000 homeowners statewide...Read more
In The Know
CMS Working to Reduce Improper Enrollments and Promote More Affordable Health Insurance Marketplaces
The Centers for Medicare & Medicaid Services (CMS) has released a proposed rule to address improper enrollments impacting Affordable Care Act (ACA) Health Insurance Marketplaces across the country. The Proposed Rule includes proposals to protect consumers from being enrolled in coverage without their knowledge and consent...Read more
Education Center
Monitoring Your CE Compliance Records
Have you ever wondered about your current continuing education requirement status? Are you asking if the Department is aware of your most recent course completion?..Read more
Enforcement Actions
The enforcement actions included in this list reflect enforcement actions taken in December, 2024, and January and February, 2025...Read more
Compliance Corner
Title Agencies: Title Data Filing for Calendar Year 2025
The Florida Office of Insurance Regulation (Office) is conducting its annual Title Agencies Data Filing pursuant to sections 624.307 and 627.782, F.S. and Rule 69O-186.013, F.A.C. Title Insurance Agencies licensed at any time during Calendar Year 2024 are required filers. There are no exceptions - even if your agency closed during 2024. Your submission is due to the Office no later than 11:59 PM ET on Saturday, May 31, 2025...Read more
Case Notes
Case: An investigation was opened after the Bureau received a referral from our Division of Consumer Services, alleging a general lines and surplus agent had misappropriated insurance premiums and created fraudulent Certificates of Insurance (COIs) certificates of insurance...Read more
