Which requirement must be fulfilled for an insurer to operate legally in Florida?

For an insurer to operate legally in Florida, it is essential to obtain a license from the state. Licensing ensures that the insurer meets the regulatory standards set forth by the Florida Office of Insurance Regulation, which oversees the financial stability and ethical practices of insurance companies. This process involves the submission of various documents, financial statements, and proof of compliance with state insurance laws.

This requirement is crucial because it protects consumers by ensuring that only qualified and financially stable companies can offer insurance products in the state. Additionally, the licensing process includes a thorough examination of the insurer's business practices, helping to safeguard public interest and maintain market integrity.

The other options do not accurately reflect the necessary criteria for legal operation in Florida. While registration with the federal government may be relevant for certain aspects of business operations, it is not a requirement for state licensing specifically. The notion of having a physical office in every county is impractical and not mandated by law. Similarly, maintaining a minimum of five active policies does not constitute a legal requirement for operating as an insurance provider in Florida.