|Published:||Nov 27, 2012 4:38 PM EST|
|Updated:||Nov 27, 2012 4:38 PM EST|
TALLAHASSEE, Fla. (AP) - Citizens Property Insurance Corp. President Barry Gilway says he made a "dumb decision" in how he went about replacing four employees.
Gilway said Tuesday it was a mistake to advertise for new forensic auditors without first informing those who were being replaced. He also said problems at the state-backed insurer have been greatly exaggerated in some reports and that the actions of a few shouldn't tarnish all 1,300 employees at the company who are doing a good job.
Gov. Rick Scott ordered an investigation last month to review Citizens' decision to fire four employees responsible for finding wrongdoing in the agency after reports of lavish travel expenses by top executives at the company. Citizens said the employees were being replaced with accountants who are more qualified to detect financial fraud.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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