Which agency is primarily responsible for consumer protection in Florida's insurance market?

The Office of Insurance Regulation is primarily responsible for consumer protection within Florida's insurance market. This agency oversees the regulation of insurance companies, ensuring they operate fairly and transparently. It establishes rules and regulations to protect consumers from unethical practices and ensures that insurance policies are written and executed in compliance with state laws.

In its role, the Office of Insurance Regulation monitors the financial stability of insurance providers, reviews premium rates, and addresses consumer complaints. This is crucial for maintaining a healthy insurance market where consumers can trust that they are getting fair treatment and reasonable rates.

By focusing on the activities and oversight related to the insurance industry, the Office of Insurance Regulation plays a vital role in safeguarding consumer rights and promoting the integrity of the insurance market in Florida.