Barry Gilway News

Citizens: Florida Policyholder Count Lowest Since Company Creation

Citizens Property Insurance Corp. is the smallest it has been since its creation more than a decade ago, as improving private-market conditions continue to offer policyholders more choices for how best to protect their homes, according to a statement by …

Florida’s Citizens, Heritage Defend Controversial Takeout Deal

Florida’s state-backed property insurer found itself on the defensive in Tallahassee this week as state lawmakers inquired into a deal whereby a private insurer stands to receive millions in exchange for removing policies. Officials from Citizens Property Insurance Corp. acknowledged …

Florida’s Citizens Has New Plan to Shift 200,000 Policies to 8 Private Insurers

Florida’s largest insurer could be shifting thousands more of its policyholders away from the state-created company and into private insurance companies. The head of Citizens Property Insurance Corp. announced Friday that as many as 200,000 customers from across the state …

Florida Senate Panel OKs Gilway as Citizens President

A Florida Senate committee unanimously confirmed Barry Gilway’s appointment as president of the state-backed insurer Citizens Property Insurance Corp. The rare legislative oversight of the Citizens leadership appointment came almost 10 months after the board of Citizens hired Gilway to …

Insurer to Take 31,000 Commercial Wind Policies from Florida’s Citizens

Florida’s state-backed property insurer has approved a plan to shift 31,000 commercial wind-only policies to a new private insurer. The board of Citizens Property Insurance Corp. approved the plan earlier this week. Newly-licensed Weston Insurance Co. will be permitted to …

Florida Audit Says Citizens’ Travel Expenses Excessive; Governor Orders Reform

A review by Florida’s chief inspector general contends that employees at the state-created Citizens Property Insurance racked up excessive travel expenses over an eight-month period. Florida Gov. Rick Scott ordered a review of expenses at the insurer following a report …

Florida’s Citizens Cancels Surplus Loan Plan; CEO Questions Depopulation Methods

Officials of Florida’s policyholder-back insurer have decided not to pursue a plan to loan private insurers part of its surplus in exchange for removing policies citing the fact that as currently envisioned no insurers would step forward and participate in …

Florida’s Citizens President Gilway: Staff Firings Premature

In the face of criticism, the top executive of Florida’s state-backed property insurer acknowledge his decision to close the insurer’s office in charge of corporate oversight before having its replacement in place was ill-advised. Citizens Property Insurance Corp. executives recently …

Q&A with Florida’s Citizens CEO Gilway: Leading in the Public Sector

Two months ago when Barry Gilway took over as president of Florida’s state-run property insurer, Citizens Property Insurance Corp., he quickly learned there would be no honeymoon period. He was thrust into debates over rates, mitigation credits, rolled-back coverage, depopulation …

Florida Lawmaker Questions Citizens Travel Expenses

A Florida state senator is demanding that executives of the state-backed property insurer be questioned after expense reports showed that they spent thousands of dollars on travel and related expenses. Florida Senator Mike Fasano (D-New Port Richey) sent a letter …