CFO Seal in Gold

CFO Patronis Press Release Archive

  • ICYMI: WJXT: Florida CFO Patronis wants $5.5M to expand state’s Division of Consumer Services

    12/19/2023
    At a time when everything, including insurance, seems to cost more money, and the state of Florida is in the midst of a property insurance crisis, Patronis said he’s asking the Florida Legislature for $5.5 million to increase the Consumer Services Division’s size so it can provide more face-to-face assistance for insurance needs of all kinds.
  • **PHOTO & B-ROLL RELEASE** CFO Jimmy Patronis: Florida SBA Purchases Additional $25 Million in Israel Bonds

    12/19/2023
    Last night, during the Israel Bonds Prime Minister’s Circle Gala in Boca Raton, Florida Chief Financial Officer (CFO) Jimmy Patronis announced the State Board of Administration (SBA) has purchased another $25 million in Israel bonds. This additional bond purchase brings the SBA’s total Israel Bond investment to approximately $60 million, with the Florida Treasury currently investing a record $200 million. The SBA is overseen by the Florida Cabinet, while the State Treasury is managed by the CFO through the Florida Department of Financial Services. The CFO was also honored with the prestigious Israel Bond Award at the event for his leadership and support for the Jewish community and the State of Israel. The Israel Bond Award is considered to be among one of the most important awards given by Israel Bonds.
  • CFO Patronis Provides Flood Insurance Program Resources to Aid in Storm Recovery

    12/17/2023
    Today, Chief Financial Officer (CFO) Jimmy Patronis provided information and resources for Florida residents impacted by the Gulf low weather event that caused torrential rain and flooding in the Big Bend and the Nature Coast over the weekend. The CFO provided information for residents with coverage through the Federal Emergency Management Agency’s (FEMA) National Flood Insurance Program (NFIP) and who might be affected by flood damage. Managed by FEMA, NFIP offers flood insurance to help mitigate the impact of flooding on businesses, property owners, and renters. For individuals who have flood insurance policies through FEMA and its federal flood insurance program, the CFO encourages consumers to contact their insurance agents for more information about filing a claim. Consumers may also reach FEMA directly at 1-800-621-3362.
  • CFO Patronis Issues Statement in Support of Florida Home Hardening Sales Tax Exemption

    12/15/2023
    Today, Chief Financial Officer (CFO) Jimmy Patronis issued a statement showing support for House Bill 835 and Senate Bill 890 that expands the Florida Home Hardening Initiative passed in the 2022 Legislative Session. This legislation establishes a two-year sales tax exemption on the retail sales of items like impact-resistant windows, doors, and garage doors. This legislation will expand the program, which ends in June 2024, to June 2026. Overall the Florida Home Hardening program has saved homeowners an estimated $495 million since July 2022.
  • **BROLL & PHOTO RELEASE** CFO Jimmy Patronis: $5.5 Million to Support Florida Policyholders in 2024

    12/14/2023
    ORLANDO, Fla. – Today, during the Florida Chamber Insurance Summit in Orlando, Chief Financial Officer (CFO) Jimmy Patronis announced plans to bolster the service provide by the Florida Department of Financial Services (DFS), Division of Insurance Consumer Services in the 2024 Legislative Session. Included in the 2024 DFS agency budget request is approximately $5.5 million to strengthen the Division through increased staffing, field offices, and training to better serve Florida insurance consumers and short-circuit claims issues before they escalate, especially following disasters.
  • **CONSUMER ALERT** CFO & State Fire Marshal Jimmy Patronis: Take Caution when Purchasing Lithium-Ion Battery Products this Holiday Season

    12/11/2023
    Today, Florida Chief Financial Officer (CFO) and State Fire Marshal Jimmy Patronis issued safety and fire prevention tips for holiday gifts that rely on the use of lithium-ion batteries. Reports indicate that lithium-ion battery fires have increased in 2023, and CFO Patronis is urging Floridians to buy products with certified batteries that are up to national safety standards. The UL Fire Safety Research Institute is educating the public on battery safety with their new initiative “Take C.H.A.R.G.E. of Battery Safety.”
  • CFO Jimmy Patronis Returns More than $31 Million in Unclaimed Property in November

    12/6/2023
    Today, Chief Financial Officer (CFO) Jimmy Patronis announced that more than $31 million in unclaimed property was returned to Floridians during the month of November. Since CFO Patronis took office in 2017, more than $2.2 billion in unclaimed property has been returned to Florida citizens.
  • CFO Patronis Applauds Governor Ron DeSantis 2024 Budget Proposals

    12/5/2023
    Today, Chief Financial Officer (CFO) Jimmy Patronis released a statement following Governor Ron DeSantis’ 2024-25 Focus on Florida’s Future budget recommendations.
  • **B-ROLL AND PHOTO RELEASE** CFO & State Fire Marshal Jimmy Patronis Hosts Christmas Tree Burn Demonstration and Shares Holiday Fire Safety Tips

    12/5/2023
    Today, Chief Financial Officer (CFO) and State Fire Marshal Jimmy Patronis hosted a Christmas tree burn demonstration with the Tallahassee Fire Department and urged Floridians to know the potential dangers of Christmas trees and holiday decorations. If not maintained and properly removed, trees can become dry and easily ignite. According to the National Fire Protection Association (NFPA), almost two in five home Christmas tree fires are caused by electrical problems. Between 2017-2021, U.S. fire departments responded to an average 150 home fires due to burning Christmas trees. Reports say, these fires cause an annual average of 4 civilian deaths, 33 civilian injuries, and $14 million in property damage and Christmas lights are the primary cause of these fires 40 percent of the time.
  • CFO Patronis to the College Football Playoff Committee: Release Your Voting Records

    12/5/2023
    Today, Chief Financial Officer (CFO) Jimmy Patronis sent a letter to Boo Corrigan, Chairman of the College Football Playoff committee requesting voting records of all 13 CFP Committee members. The letter comes after the historic and unprecedented decision to leave the undefeated, ACC Champion Florida State University football team out of the four team College Football Playoff.