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Statement from CFO Jeff Atwater Regarding Citizens’ Plans to Comply with State Procurement Requirements

2/15/2013

Contact: CFO Atwater’s Press Office (850) 413-2842

TALLAHASSEE—Florida Chief Financial Officer Jeff Atwater today released the following statement regarding Citizens Property Insurance Corporation’s plans to comply with state procurement guidelines outlined in section 287.057, Florida Statutes.

“Citizens has taken the appropriate action by complying with the more stringent laws and rules that govern purchasing at state agencies. It is the expectation of thousands of policyholders and all residents of this state that this public entity would be as thoughtful and careful with the hard-earned dollars of Floridians as any other public entity.

“The changes outlined by the management and the board of Citizens to improve their processes to increase accountability, transparency and ethical standards are needed and necessary to regain the confidence of their policyholders and the residents of this state.”

Chief Financial Officer Jeff Atwater, a statewide elected official, oversees the Department of Financial Services. CFO Atwater’s priorities include fighting financial fraud, abuse and waste in government; reducing government spending and regulatory burdens that chase away businesses and providing transparency and accountability in state spending.