What is the primary responsibility of the CFO of Florida?

The primary responsibility of the Chief Financial Officer (CFO) of Florida is indeed to oversee the Department of Financial Services. This department handles a wide range of financial and regulatory functions within the state, including the oversight of the insurance industry, government finances, and state investments. The CFO plays a crucial role in ensuring the financial integrity of state operations and regulatory compliance.

In this capacity, the CFO also manages vital areas such as risk management and the handling of state funds, contributing to the overall fiscal health of Florida. While the CFO works closely with other departments, including the Office of Insurance Regulation, the overarching responsibility lies with the Department of Financial Services, thereby making it the correct answer.

The other choices relate to important roles and functions but do not capture the primary responsibility of the CFO. For instance, while the Office of Insurance Regulation is under the purview of the CFO, it is not the sole focus. The CFO does not personally approve agent licenses; instead, this process is typically managed within the department through designated staff. Finally, while the CFO is an appointed official overseeing several departments, this is a broader description that does not specifically highlight the primary responsibility, making it less accurate than the focus on the Department of Financial Services.