Citizens in Florida is examining its salary, travel, and management costs. Citizens currently faces $1.9 billion in expenses every year at the three corporate locations across the state, in order to provide homeowners insurance to policyholders throughout Florida. The leaders of that state backed insurer are now looking into those costs. This investigation includes both the pay and the benefits that are being received by its employees, as well as the costs associated with travel, and the expenses relating to its overall structure of management. Simultaneously, these company heads are…
Read MoreHomeowners insurance company taking a look at its own expenses
