The state’s largest property insurer has a new CEO.
The board for Citizens Property Insurance Corporation named Tim Cerio to the post.
It comes after the former CEO, Barry Gilway, announced his retirement after the last special legislative session.
Cerio is no stranger to Citizen’s. He spent the last two years acting as general counsel.
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Cerio takes the helm as new legislation takes effect, impacting the company.
With new legislation, it has become more difficult to qualify for Citizens, and over the next couple of years, hundreds of thousands of policy holders will be nudged back into the private market.
Cerio
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