Fla.’s Citizens Property Insurance President Ricker Resigns

By | September 26, 2006

  • September 26, 2006 at 8:11 am
    mmee says:
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    Ricker took his responsibilities seriously and probably had enough when the governor and the cabinet, playing politics to boost Crist, intervened to say that the Citizens Board can\’t fulfill its fiduciary duties by seeking adequate rates. Jeb Bush has become remarkably un-free-market lately and the Florida homeowners market is suffering as the result of his knee-jerk reaction to the property insurance issue. If Jeb stops, looks and listens, he will realize the best thing he can possibly do for the marketplace is back off and not call a special session. Otherwise, expect new legislative mandates that, in turn, will lead to more carriers restricting their writings in Florida.

  • September 26, 2006 at 1:05 am
    LLCJ says:
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    I wonder why he really left?

  • September 26, 2006 at 1:15 am
    Tom says:
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    Maybe he took his job too seriously, which is why he hired outside counsel to appeal the recent denial of a requested rate increase.

  • September 26, 2006 at 1:30 am
    Martha Stuart says:
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    He is the CEO of the largest and fastest growing insurance company in Florida and is paid $220,000. There\’s your real story.

  • September 26, 2006 at 3:33 am
    BB says:
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    Don\’t you see, Gallagher is without a job and he would like to be President of a company he helped start in 1993.

  • October 2, 2006 at 11:30 am
    JCC says:
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    CPIC is a mess. Ricker probably made a good decision to jump from that flaming ship before he becomes Gallegher\’s fall guy. No question being an officer of CPIC is a crap job ! They should all save themselves and jump!



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