In case you missed this announcement made after Scott Wallace announced his resignation in January 2012, here is a link to the media announcement that states in part:
” TALLAHASSEE, FL – The Citizens Board of Governors convened on Monday and voted unanimously to appoint Tom Grady, Commissioner of the Office of Financial Regulation and former Vice Chairman of the Insurance, Business and Financial Affairs Committee of the Florida House, its interim president beginning March 12, 2012 following the resignation of the current president Scott Wallace. Mr. Wallace will remain with the corporation until April 6 in order to facilitate the transition. ”
Here is a link to the entire press release they made on March 6, 2012:
I think I just might respect Tom Grady if the information quoting him when he resigned from his prior position to take this Interim position at Citizens is correct- he does need to turn the place inside out and I will keep my fingers crossed he consults with top insurance consultants when making decisions as too many people running the show have zero prior claims experience such as the Sr Director and Vendor Management director from an insurance claims department standpoint. More on that in my next blog where I’ll show you my major concern regarding the proposed catastrophe staffing model.
Here is the article I’m referring to from the Miami Herald: