Former state Rep. Carlos Lacasa named to head Citizens board
Florida Chief Financial Officer Jeff Atwater on Wednesday announced former state Rep. Carlos Lacasa as chairman of the state-run Citizen's Property Insurance board of governors.
Lacasa, from Miami, was a member of the Legislature when Citizens was created. He has more than 20 years of experience as an attorney with expertise in the insurance industry.
"He knows firsthand the original intent behind Citizens and can guide the board back to that intended purpose," Atwater said in a prepared statement.
What is that purpose? Many say Citizens needs to shed some of its 1.4 million policyholders and return to its roots as the state's "insurer of last resort." Now, it's the state's largest insurer.
Lacasa served in the Florida House of Representative from 1994 to 2002 and chaired the appropriations committee between 2000 and 2002. He is currently the vice president of operations and general counsel of Managed Care of North America, Inc., a national managed care dental plan. As a practicing attorney for nearly 17 years, Lacasa focused on the areas of corporate finance, transaction law government relations and regulatory law.
Lacasa succeeds Jim Malone who has served as the chairman of the Citizen’s board since August 2008.