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The details of Gilway’s departure are still being worked out. Citizens officials said General Counsel Tim Cerio will serve as interim chief until a permanent replacement for Gilway is found.
Outgoing leader has held the position for over a decade
After Florida lawmakers made changes in the insurance system that he described as “historic,” Citizens Property Insurance Corp. President and CEO Barry Gilway said Thursday he will retire. That will lead to transitions at two of the most-important parts of the Florida insurance industry.
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His announcement came a week after state Insurance Commissioner David Altmaier said he is resigning effective Dec. 28.
He waited until the Florida Legislature had passed long-sought reforms, but now Citizens Property Insurance Corp. CEO Barry Gilway is ready to retire