Florida Office of Insurance Regulation

The Florida Office of Insurance Regulation (FOIR) is a government agency responsible for overseeing the insurance industry in Florida. Its main role is to ensure that insurance companies operate fairly and are financially stable, protecting consumers from potential fraud and financial loss. FOIR reviews and approves insurance rates, licenses insurance companies and agents, and ensures that policies comply with state laws. By regulating the insurance market, the agency aims to maintain a competitive environment while safeguarding the interests of Florida residents who rely on insurance for coverage and protection.