Citizens Insurance Called to the Carpet

A former officer is being accused of accepting a motorcycle in exchange for steering business to a company, and two board members apparently tried to set up their own insurance company to lure the safest risks away from citizens.

Tuesday the Insurers Legal Counsel told lawmakers an ethics policy was adopted July 1.

Suzanne Murphy with the Citizens Legal Counsel says, “The policy requires immediate disclosure of an offer of employment. The policy prohibits any employee from having any interest in any entity that does business with or appears before citizens, so it is a prohibition.”

Citizens acknowledged its former executive signed a statement stating he did not have a conflict of interest when he was hired.