main menu page title feature menus content footer
My Florida C F O

CFO's Initiatives

Stay Connected

Follow the
Department of
Financial Services

Sign up for the CFO's
weekly newsletter!

Press Release

News   RSS RSS   Press Office   Archive

Statement from Tom Gallagher on Auditor General’s Report on Citizens Property

1/26/2006

CONTACT:
Tami Torres or Bob Lotane
(850) 413-2842
 
 "Reforming Florida's insurance system, including Citizens' Property Insurance, to meet the new challenges created in the wake of unprecedented hurricane seasons remains my top priority. The report by the Auditor General will assist the legislature in implementing the reforms that I, along with the Governor and other members of the cabinet, have been calling for since last year.
 
"I am pleased that many of the reforms I have recommended of Citizens over the last year are now also being supported by the Auditor General, including stricter ethical standards, and greater financial oversight and accountability.
 
"With additional support from an audit called for by the Legislature last year, I'm confident that state lawmakers will join me in approving reforms that will result in greater transparency, oversight and accountability of Citizens."
 
As a statewide elected officer of the Florida Cabinet, Chief Financial Officer Tom Gallagher oversees the Department of Financial Services, a multi-division state agency responsible for management of state funds and unclaimed property, assisting consumers who request information and help related to financial services, and investigating financial fraud. Gallagher also serves as the State Fire Marshal.