Citizens Property Insurance Board of Governors Meeting Agenda
The meeting agenda includes reports from various executive officers covering the risk transfer program, 2026 financial results, market accountability initiatives, information systems, and internal audit findings. Key business items for discussion and approval involve competitive rate services, product updates, managed payroll services, voluntary insurance coverages, technology infrastructure and professional services, as well as Directors and Officers and Cyber liability insurance policies.
Jun 23, 2026·
Enterprise
Get verified public-sector contacts at scale
Find verified emails, direct dials, role context, job-change updates, and organization signals across every public-sector account you sell to.
The agenda focuses on operational and financial oversight, including a quarterly update from the Office of the Internal Auditor covering engagements on the ethics program, identity governance, premium invoicing, and secondary employment. The Chief Financial Officer will present the first-quarter results of operations and financial position. The committee will review the Business Insurance Agent of Record, an ethics and compliance annual presentation, and an update from the external auditor regarding the 2025 audited financial statements and internal control communications. Additionally, the Office of the Inspector General will provide a quarterly report.
The committee reviewed internal audit progress, performance metrics, and updates to the enterprise risk and internal control programs. Discussions covered findings regarding artificial intelligence governance, segregation of duties in cloud environments, claims check processing, and commission security. Financial reports for the previous fiscal year were presented, highlighting cash, invested assets, surplus, direct premiums, and the impact of named storms on loss and loss adjustment expense reserves. The committee also received a status update on the upcoming external audit plan from Forvis Mazars, including risk-based audit strategies and key focus areas like reserves and premium recognition.
Dec 10, 2025·Strategic plan
Office Of Internal Audit Strategy & Plan 2026
This plan for the Office of Internal Audit (OIA) outlines its strategic direction for 2026, focusing on providing independent assurance and practical advice to strengthen governance, risk management, and internal control for Citizens Property Insurance. Key initiatives include full mapping to Global Internal Audit Standards, implementing dynamic risk management and robust internal control functions, and executing five core audit themes: Effectiveness and Resiliency, Expense and Capital Management, Reporting and Data Accuracy, Compliance and Litigation, and Data Management and Protection. The plan also details advancements in analytics and automation, preparation for the 2026 External Quality Assessment, and structured quarterly reporting to the Audit Committee.
