What is the primary function of the Florida Department of Financial Services?

The primary function of the Florida Department of Financial Services is to regulate insurance practices and protect consumers. This includes ensuring that insurance companies operate within the law, maintaining fair market practices, and overseeing compliance with established regulations. The department also provides educational resources to consumers, helping them make informed decisions regarding their insurance needs.

By focusing on regulation and consumer protection, the department plays a vital role in maintaining stability and integrity within the insurance industry, which ultimately benefits consumers by ensuring they are treated fairly and have access to necessary services.