In a strategic move, Florida’s Chief Financial Officer has appointed a prominent Pensacola-based attorney and entrepreneur to the Citizens Property Insurance Corporation's Board of Governors. The new appointee brings extensive experience in both the legal and automotive industries, signaling a shift in policy direction for the state’s largest property insurer.

Elevating Leadership: A New Era for Florida's Insurance Landscape

Achievements and Background of Frank White

Frank White, a distinguished figure in northwest Florida, is set to bring his wealth of experience to the Citizens Property Insurance Corp. Board of Governors. With a robust background as general counsel for one of the region’s leading car dealerships, White has consistently demonstrated his commitment to enhancing operational efficiency and regulatory compliance. His role at Tag Tech, a company he founded, which specializes in title processing software for auto dealers and fleet owners, underscores his technological acumen and business leadership.White’s tenure in the Florida House of Representatives from 2016 to 2018 further solidifies his understanding of legislative processes and policy-making. During this period, he championed several initiatives aimed at fostering economic growth and consumer protection. Although his bid for State Attorney General in 2018 was unsuccessful, it did not deter him from continuing his public service endeavors. In fact, his recent run for State Senate in 2023 highlights his unwavering dedication to shaping Florida’s future.

Transition of Leadership on the Board

The appointment of Frank White marks a significant transition on the Citizens Property Insurance Corp. Board of Governors. He replaces Scott Thomas, a Jacksonville-based attorney who has been an integral part of the board since 2020. Thomas’s contributions have been instrumental in guiding the corporation through critical decisions and policy reforms. His departure leaves a legacy of diligent service and a strong foundation for future governance.CFO Jimmy Patronis expressed confidence in White’s ability to contribute meaningfully to the board. “Frank’s expertise and insight will undoubtedly benefit Citizens policyholders statewide,” Patronis remarked. This endorsement reflects the high regard in which White is held within both the legal and business communities. It also signals a continuity in the board’s mission to strengthen Florida’s insurance market while ensuring fair and transparent policies for all residents.

Potential Impact on Insurance Policies

One of the key areas where White’s influence may be felt is in the ongoing discussions about rate adjustments. Over the past few years, the board has shown a tendency towards increasing rates to make Citizens less attractive to consumers, thereby encouraging a more robust private insurance market. Last summer, the board sought a maximum allowable rate hike of approximately 14%. However, Florida regulators recently approved only a modest 6.6% average increase for homeowners’ multi-peril policies.This decision by regulators indicates a cautious approach to balancing affordability and sustainability in the insurance sector. White’s political leanings suggest that he may align with the philosophy of promoting a stronger private insurance market. His background in both business and law positions him well to advocate for policies that protect consumers while fostering a competitive environment for insurers. As the board continues to navigate these challenges, White’s input could play a pivotal role in shaping future regulations and rate structures.

Enhancing Florida’s Insurance Market

The appointment of Frank White to the Citizens Property Insurance Corp. Board of Governors signifies a renewed focus on enhancing Florida’s insurance landscape. His unique blend of legal expertise, business acumen, and legislative experience makes him an ideal candidate to drive meaningful change. By leveraging his knowledge and networks, White can help steer the corporation towards policies that balance consumer interests with market stability.Moreover, his involvement in the automotive industry through Tag Tech offers valuable insights into technology-driven solutions that can improve operational efficiencies within the insurance sector. As the board explores innovative approaches to managing risks and reducing costs, White’s perspective on integrating advanced technologies could prove invaluable. Ultimately, his appointment heralds a promising era for Florida’s insurance market, promising greater resilience and adaptability in the face of evolving challenges.