Who is responsible for examining the books and records of insurance companies in Florida?

The Chief Financial Officer (CFO) of Florida is responsible for examining the books and records of insurance companies operating within the state. This role is crucial as the CFO ensures that insurance companies comply with state laws and regulations, maintaining the integrity and financial stability of the insurance market. The examination process involves a thorough review of the financial statements, business practices, and overall operations of the insurance entities to determine their solvency and adherence to legal standards.

In the context of the insurance industry, this responsibility is essential for protecting policyholders and ensuring that insurance companies maintain adequate reserves to pay claims. The CFO's authority is derived from state statutes that delegate regulatory and supervisory functions to this position, emphasizing its importance in safeguarding the interests of consumers in Florida.