| Chief Financial Officer of Florida | |
|---|---|
 | |
 | |
| Department of Financial Services | |
| Term length | 4 years, renewable once |
| Inaugural holder | Tom Gallagher 2003 |
| Formation | 2002 |
| Succession | Third |
| Website | www |
Thechief financial officer of Florida is an elected statewideconstitutional officer ofFlorida. The office was created in 2002 following the 1998 reforms of theFlorida Cabinet. The CFO is a combination of the former offices ofcomptroller andtreasurer/insurance commissioner/fire marshal. The office heads theFlorida 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. In addition, the CFO has administrative oversight over the offices which handles banking and insurance regulation. The CFO is a member of the Cabinet, and is third (behind thelieutenant governor andattorney general, respectively) in theline of succession to the office ofgovernor of Florida.[1][2]
Tom Gallagher was the first state CFO and a former treasurer/insurance commissioner/fire marshal. Gallagher retired from the position in 2006 andAlex Sink (D), a Florida business executive and the wife of former Florida gubernatorial candidateBill McBride, was elected on November 7, 2006. Alex Sink launched an unsuccessfulcampaign for governor in 2010, and was succeeded byJeff Atwater. Atwater resigned and then-governor Rick Scott appointed Jimmy Patronis to the post.[3] Patronis won a statewide election and retained the post in 2018 and again in 2022.[4] On November 25, 2024, Patronis announced his resignation from Chief Financial Officer of Florida effective March 31, 2025, to run for thespecial election for the seatMatt Gaetz held prior to his November 2024 resignation.[5]
| Party | CFOs | |
|---|---|---|
| Republican | 4 | |
| Democratic | 1 | |
| # | Image | Name | Term of service | Political party |
|---|---|---|---|---|
| 1 |  | Tom Gallagher | 2003–2007 | Republican |
| 2 |  | Alex Sink | 2007–2011 | Democratic |
| 3 |  | Jeff Atwater | 2011–2017 | Republican |
| 4 |  | Jimmy Patronis | 2017–2025 | Republican |
| – | Susan Miller Acting | 2025 | Republican | |
| 5 | | Blaise Ingoglia | 2025–present | Republican |
TheFlorida Insurance Guaranty Association (FIGA) was created by the Florida Legislature in 1970 as a nonprofit corporation to process covered claims of insolvent members by or against Florida policyholders with a limit of $300,000 per residence or non-residence commercial; $200,000 per condominium unit. Association members are all Florida-licensed direct writers of property and/or casualty insurance. FIGA's authority is codified in the Florida Insurance Guaranty Association Act,Florida Statutes 631.50 through 631.70. FIGA has the power to levy assessments against the insurer's direct written premiums, not to exceed 2% in any calendar year. The commissioner in the Office of Insurance Regulation retains oversight over FIGA.[6]
TheFlorida Office of Insurance Regulation (FOIR) is responsible for all activities concerning insurers and other risk bearing entities, including licensing, rates, policy forms, market conduct, claims, issuance of certificates of authority, solvency, viatical settlements, premium financing, and administrative supervision, as provided under the Florida Insurance Code or Chapter 636, Florida Statutes. The head of the OIR is theFlorida insurance commissioner, appointed by the Financial Services Commission (FSC). Michael Yaworsky is the current Florida insurance commissioner.[7]
TheFinancial Services Commission (FSC) is composed of theFlorida governor, chief financial officer,attorney general, andcommissioner of agriculture. The FSC serves as agency head for purposes of rulemaking pursuant to sections 120.536-120.565, Florida Statutes. FSC action is taken by majority vote. In case of a tie, the governor's side prevails.
| State treasurers(1845–1941) |  | |
|---|---|---|
| State treasurers and fire marshals(1941–60) | ||
| State treasurers, insurance commissioners, and fire marshals(1960–2003) | ||
| Chief financial officers(since 2003) | ||
| State comptrollers(1845–2003) | | |
|---|---|---|
| Chief financial officers(since 2003) | ||
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