As FIRM asks for relief from unjustified windstorm rate increases for Monroe County residents, Citizens CEO Barry Gilway’s salary just soared to over $500,000.

In this Miami Herald article, Gilway justifies his salary and those of his top assistants by explaining “Citizens’ staffers are not state employees, so they can’t join the state retirement system. He said all are earning ‘below market compensation’ compared to what similar people earn for private insurance companies.”

“It just seems like Citizens is not being a very good steward of our public funds whatsoever,” said Sen. Gary Farmer, D-Lighthouse Point, a member of the Senate Banking & Insurance Committee and a trial attorney who has clashed with Citizens in the courtroom in addition to the Capitol.

CEO’s salary soared as Citizens shed homeowners insurance policies _ Miami Herald

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