In Florida, what is the main regulatory body overseeing insurance practices?

The Department of Financial Services is the primary regulatory body in Florida responsible for overseeing insurance practices. This agency manages a wide array of functions related to regulating the insurance industry, including enforcing laws and regulations pertaining to insurance companies, agents, and the market as a whole. It plays a crucial role in consumer protection by making sure that insurance practices comply with Florida's insurance laws, supervising financial soundness, and investigating complaints against insurers.

The other options, while relevant to the insurance landscape in Florida, do not serve as the main regulatory body. The Department of Insurance Regulation is often confused with the Department of Financial Services, but it is actually a part of the latter. The Insurance Consumer Advocate represents the interests of consumers but does not have regulatory authority. The Office of the Insurance Commissioner, while a relevant term in some states, does not exist as such in Florida; the functions typically attributed to an "insurance commissioner" are fulfilled by the Department of Financial Services.