Big pay hikes for Citizens execs, while premiums go up for homeowners
While Citizens Property Insurance has been raising homeowners' rates, executives have been treated to big five-figure raises and cushy perks.
A story in today's Tampa Bay Times highlights the company's cognitive dissonance, as it pleads poverty while its giving out huge financial rewards to execs.
From the story:
While Mother Nature has spared
For the company's execs, that has meant pay raises, luxury hotel stays, international plane tickets, limousine rides and wine-fueled dinners — all paid with the corporate credit card.
Read more here.