Governor Rick Scott has directed state agencies to submit Legislative Budget Requests which reflect a five percent cut in spending.
The Florida agency which oversees insurance, already hit with large cuts and a backlog in providing services, submitted a 2013-2014 fiscal year budget request Monday that sheds 10 positions and reduces spending by more than $1 million.
The cuts will fall mainly on the Office of Insurance Regulation’s travel and administrative expenses, as well as its funding of the Florida Public Hurricane Model, but the agency doesn’t want the cuts to occur.
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