New state chief financial officer eyes local spending, insurance
Ingoglia, a homebuilder from
“There’s going to be plenty of time to campaign,” Ingoglia told reporters after the swearing-in ceremony in the Capitol’s
DeSantis and Ingoglia said a top priority for the new CFO will be audits of local-government spending. The focus on such spending comes amid a push by DeSantis to ask voters in 2026 to reduce or eliminate taxes on homesteaded properties. Local governments rely heavily on property taxes.
“The CFO has had longstanding authority to audit any entity that receives any state funding, which is pretty much any municipal and county government,” DeSantis said during the ceremony. “And so, you are going to see these audits commence very quickly” In addition to local government audits, Ingoglia said he will focus on ensuring insurance companies follow requirements.
“If they’re slowing stuff, we’re going to have conversations with them,” Ingoglia said. “I’m not going to sit back. I’m not going to allow anyone to game the system, whether it is on one side or the other side, whether it is trial attorneys gaming the system or insurance companies gaming the system.”
Critics have accused some property insurers of not properly paying claims and have raised questions about carriers sending money to shareholders and affiliated companies while seeking rate increases.
In his remarks during Monday’s ceremony, Ingoglia called the appointment to the
“I believe
Voters established the CFO position in 1998 by approving a constitutional amendment that combined the former positions of comptroller and insurance commissioner. The CFO, in part, oversees the state
In February, DeSantis named
DeSantis and the


Medicaid work mandate could cut coverage
Trump says Fed’s Powell will be out in 8 months, calls him a ‘numbskull’
Advisor News
- The 6X Formula for leveraging content marketing with AI
- When a home becomes difficult to insure, the plan changes
- The inheritance gap: Helping clients plan for money that hasn’t arrived
- After the midterms: Addressing your clients’ tax concerns
- Berkeley arts tax heads toward passage while public bank measure looks likely to fail
More Advisor NewsAnnuity News
- Athene CEO criticizes offshore reinsurance, risk-taking by competitors
- DOL, trade groups, state AGs file briefs supporting Alcoa in PRT lawsuit
- John Hancock launches new fixed indexed annuity suite
- Annuities to play a larger role in workplace retirement plans
- FHLBank Pittsburgh Announces Results in 2026 Board Election
More Annuity NewsHealth/Employee Benefits News
- Researchers from National Health Insurance Service Detail New Studies and Findings in the Area of Stroke (The Effect of Regional Disparities In Access To Rehabilitation Services On Mortality Among Stroke Patients): Cerebrovascular Diseases and Conditions – Stroke
- Oscar Health Inc. (NYSE: OSCR) Draws the Stock Spotlight on Nov. 12
- Duet Raises $15M to Scale Nurse Practitioner-Owned Clinics, Filling Critical Primary Care Gap
- Sidecar Health Named a Finalist in the 2026 Fierce Innovation Awards
- Open enrollment set to begin Nov. 1
More Health/Employee Benefits NewsLife Insurance News
- Three lawsuits put life insurers’ cost-of-insurance practices under scrutiny
- Military Briefs: November 12-18
- Security Benefit Series B Preferred Stock Dividend Rate Resets to 10.286%
- FHLBank Pittsburgh Announces Results in 2026 Board Election
- New Jackson Study Finds the "Sandwich Generation" Squeeze Comes from More Than Two Sides and It’s Quietly Draining Retirement Savings
More Life Insurance News