User:Mgreason/Sandbox8

Florida's control of insurance companies differs from most other states because responsibility is shared between the Office of Insurance Regulation and the Department of Financial Services. Republican Senator Jeff Brandes, a long-time advocate for insurance reform stated that the two entities have a communication problem. This reporting was required by the 2021 F.S. 631.398. The statute was expanded in 2022 to require periodic reports from the Department of Financial Services during the course of an insolvency with copies sent to the Governor, the President of the Senate, the Speaker of the House of Representatives, and the Office of Insurance Regulation.