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Volume 19 | Number 123 | July 26, 2024

Floridians,

This week, I issued a letter to President Donald J. Trump outlining the nations insurance crisis and recommended specific actions to bring costs under control. Insurance is complicated, with big players, involving trillions of dollars domestically and internationally, it affects everyone. President Trump being an extremely successful businessman, lends to him being one of the few people who understands a complex market like this, and how they are being weaponized by global elites to line their pocketbooks. It's a fact that the Biden-Harris administration has been a complete disaster for the American people, with their inflation crisis being a major cause of higher premiums. I truly believe that President Trump is the only person who can fix our country when it comes to this crisis, and I look forward to seeing him tackle it head on when he takes office. 

Today, I was happy to announce that the Florida Department of Financial Services' Division of Treasury generated a record $1.95 billion in interest earnings during Fiscal Year 2023-2024. The Department's Division of Treasury works extremely hard to deliver results, and I'm grateful for their focus on the bottom line; to me good returns are everything. This is 'free' money in excess of what the Department already oversees, and it will be used to improve Florida for kids, seniors, families, workers, businesses and many others who deserve responsible and effective leadership. 

On Wednesday, I hosted our second 'Fixing Problems for Floridians Fair' in Orlando. It was a great time to be able to put consumers face to face with experts that helped them navigate the complexities of insurance. I've spent 30 years in the restaurant industry, and I believe that great customer service is at the heart of everything we do here at DFS. It was truly a pleasure to see Floridians get the access to the resources and services they needed to fix their problems. If you weren't able to join us but have insurance issues, please call our helpline at 1-877-MY-FL-CFO or visit us online at MyFloridaCFO.com. 

 

Sincerely,

Patronis' Signature

Jimmy Patronis
Chief Financial Officer
State of Florida

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