Florida Citizens Insurance Board of Governors Chairman Retires

Florida’s state-backed Citizens Property Insurance Corp. announced the retirement of its board of governors’ chairman.

At its meeting in Jacksonville, Bruce Douglas said he decided not to seek reappointment to the board.

Douglas told fellow Board members and the audience of his decision to retire from public service and return to assist with the growth of his sons’ family-owned business.

Appointments of all board members expire on July 31. The governor, chief financial officer, president of the Florida Senate and speaker of the Florida House appoint Citizens’ board of governors.

Source: Citizens Property Insurance Corp.