TALLAHASSEE, Fla. (AP) - Gov. Rick Scott wants the board overseeing Citizens Property Insurance Corp. to help solve some issues plaguing the state-backed insurer.
Scott said earlier this week the board has some of the brightest minds in the insurance field and he expects them to also help with Florida's overall property insurance market.
The Citizens board meets Nov. 14 in Orlando. They'll discuss possible recommendations for the Legislature and improvements that may not require legislative action.
Citizens' business activities are managed by an eight-person board of governors appointed by the governor, chief financial officer, House speaker and Senate president.
Citizens' was intended to be the insurer of last resort when created by the Florida Legislature in 2002. Instead, it has become the state's largest property insurer with nearly 1.5 million policyholders.
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