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The Arizona Department of Insurance and Financial Institutions ("DIFI") was formed effective July 1, 2020, as a result of Laws 2019, Chapter 252 and Laws 2020, Chapter 37, which combined the the Department of Financial Institutions and the Arizona Automobile Theft Authority into the Department of Insurance and renamed the combined agency.
Our mission is to protect consumers, provide certainty on regulatory matters, and perform with efficiency and integrity as good stewards of taxpayer resources.
DIFI licenses, monitors, investigates, examines, facilitates compliance of, and ensures the safety and soundness of, regulated entities; helps resolve consumer complaints against financial-services and insurance entities; takes action in response to violations of law; encourages competition, innovation and economic development; collects taxes and assessments that support State government operations; combats auto theft and insurance fraud through public awareness campaigns, and funding for law enforcement and dedicated prosecutors.
Our vision is toward safe, innovative, competitive and readily available financial and insurance products and services with minimal regulatory and taxpayer burdens.