COMPLIANCE AND ENFORCEMENT - INSURANCEGovernor's Recommendations
2026-27
Current Year Budget
2025-26
Difference
DollarsPositionsDollarsPositionsDollarsPositions
$51,132,634299.00$45,468,029280.00$5,664,60519.00
 
Budget Issues (Continuation and New)
 Show Funding SourceGovernor's Recommendations
2026-27
Current Year Budget
2025-26
Difference
 DollarsPositionsDollarsPositionsDollarsPositions
Policy Area: REGULATION AND LICENSING
AGENCY-WIDE INFORMATION TECHNOLOGY      
 OFFICE OF INSURANCE REGULATION - DATA ANALYTICS AND INFRASTRUCTURE$00.00$310,0000.00($310,000)0.00
 OFFICE OF INSURANCE REGULATION- STAFF AUGMENTATION AND DATA MIGRATION$633,0000.00$00.00$633,0000.00
ANNUALIZATION OF ADMINISTERED FUNDS APPROPRIATIONS      
 ANNUALIZATION OF STATE HEALTH INSURANCE ADJUSTMENTS FOR FY 2024 - 25 - FIVE MONTHS OF ANNUALIZATION$00.00$167,3640.00($167,364)0.00
 ANNUALIZATION OF STATE HEALTH INSURANCE ADJUSTMENTS FOR FY 2025 - 26 - FIVE MONTHS ANNUALIZATION$166,6150.00$00.00$166,6150.00
ESTIMATED EXPENDITURES      
 ADJUSTMENT TO STATE HEALTH INSURANC E PREMIUM CONTRIBUTION - FY 2025-26 - EFFECTIVE 12/1/2025$233,2610.00$233,2610.00$00.00
 ADJUSTMENT TO STATE HEALTH INSURANCE PREMIUM CONTRIBUTION - FY 2024-25 - EFFECTIVE 12/1/2024$00.00$234,3090.00($234,309)0.00
 CASUALTY INSURANCE PREMIUM ADJUSTMENT$33,7920.00$20,5500.00$13,2420.00
 ESTIMATED EXPENDITURES - OPERATIONS$44,667,097280.00$48,521,884274.00($3,854,787)6.00
 FLORIDA RETIREMENT SYSTEM - PENSION PLAN BENEFIT ENHANCEMENTS$67,8790.00$76,0800.00($8,201)0.00
 MINIMUM PAY GRADE ADJUSTMENT- EFFECTIVE 7/1/2025$32,7510.00$32,7510.00$00.00
 REALLOCATION OF HUMAN RESOURCES OUTSOURCING$3240.00($2,121)0.00$2,4450.00
 SALARY INCREASE FOR FY 2024-25 - STATEWIDE PAY INCREASE - EFFECTIVE 7/1/2024$00.00$705,5620.00($705,562)0.00
 SALARY INCREASE FY 2025-26 STATEWID E 2% PAY INCREASE - EFFECTIVE 7/1/2 025$432,9250.00$432,9250.00$00.00
ESTIMATED EXPENDITURES REALIGNMENT      
 REALIGN BUDGET AUTHORITY BETWEEN BUDGET ENTITIES IN THE OFFICE OF INSURANCE REGULATION- DEDUCT$00.00($550,000)0.00$550,0000.00
INTRA-AGENCY REORGANIZATIONS      
 REALIGN OFFICE OF INSURANCE REGULATION LEGAL POSITIONS - ADD$00.00$02.00$0(2.00)
NONRECURRING EXPENDITURES      
 ADDITIONAL EQUIPMENT - MOTOR VEHICLES$00.00($90,000)0.00$90,0000.00
 ADDITIONAL FUNDING FOR FLORIDA PUBLIC HURRICANE MODEL$00.00($5,000,000)0.00$5,000,0000.00
 INSURANCE LOOK-BACK STUDY$00.00($500,000)0.00$500,0000.00
 OFFICE OF INSURANCE REGULATION - CONTRACTED SERVICES FOR REINSURANCE EXPERT$00.00($475,000)0.00$475,0000.00
 OFFICE OF INSURANCE REGULATION - DATA ANALYTICS AND INFRASTRUCTURE($190,000)0.00$00.00($190,000)0.00
 OFFICE OF INSURANCE REGULATION - ESTABLISH TAMPA FIELD OFFICE($100,000)0.00$00.00($100,000)0.00
 OFFICE OF INSURANCE REGULATION - INCREASE CONTRACTED SERVICES FOR STAFF AUGMENTATION$00.00($1,000,000)0.00$1,000,0000.00
 OFFICE OF INSURANCE REGULATION - LEASE AND FURNITURE NEEDS($315,000)0.00$00.00($315,000)0.00
 OFFICE OF INSURANCE REGULATION - MITIGATION RESEARCH CONTRACT$00.00($200,000)0.00$200,0000.00
 OFFICE OF INSURANCE REGULATION - SOFTWARE UPGRADE$00.00($20,000)0.00$20,0000.00
 PHARMACEUTICAL COST STUDY($300,000)0.00$00.00($300,000)0.00
 PHARMACY BENEFIT MANAGER LITIGATION COSTS($150,000)0.00$00.00($150,000)0.00
 STAFFING RESOURCES FOR ADMINISTRATIVE SUPPORT SERVICES($21,724)0.00$00.00($21,724)0.00
OFFICE OF INSURANCE REGULATION      
 STAFFING RESOURCES FOR ADMINISTRATIVE SUPPORT SERVICES$00.00$598,4644.00($598,464)(4.00)
PROGRAM ISSUES      
 AMBULANCE EMERGENCY SERVICES STUDY$00.00$250,0000.00($250,000)0.00
 OFFICE OF INSURANCE REGULATION - CONTRACTED SERVICES FOR REINSURANCE EXPERT$00.00$475,0000.00($475,000)0.00
 OFFICE OF INSURANCE REGULATION - ESTABLISH TAMPA FIELD OFFICE$00.00$330,0000.00($330,000)0.00
 OFFICE OF INSURANCE REGULATION - LEASE AND FURNITURE NEEDS$00.00$717,0000.00($717,000)0.00
 OFFICE OF INSURANCE REGULATION- LEGACY WORKSPACE RENOVATIONS TO ENHANCE EFFICIENCIES$3,700,0000.00$00.00$3,700,0000.00
 PHARMACEUTICAL COST STUDY$00.00$300,0000.00($300,000)0.00
 PHARMACY BENEFIT MANAGER LITIGATION COSTS$00.00$150,0000.00($150,000)0.00
VETOED APPROPRIATIONS      
 AMBULANCE EMERGENCY SERVICES STUDY VETO$00.00($250,000)0.00$250,0000.00
WORKLOAD      
 OFFICE OF INSURANCE REGULATION - ADDITIONAL STAFFING TO PROTECT CONSUMERS AND PROMOTE MARKET STABILITY$2,241,71419.00$00.00$2,241,71419.00
Total Policy Area: REGULATION AND LICENSING$51,132,634299.00$45,468,029280.00$5,664,60519.00