Florida Insurance Commissioner Kevin McCarty To Resign Effective May 2, 2016

Jan 5, 2016

Florida Insurance Commissioner Kevin McCarty Resigns, Effective May 2

Above:  Kevin McCarty speaks at a public hearing for Citizens Property insurance rate increases (Photo Credit:  PETER ANDREW BOSCH for the Miami Herald)

 

Florida Insurance Commissioner Kevin McCarty announced his resignation today, January 5, 2016, it was reported today by major statewide political media.

In his resignation letter to Florida Chief Financial Officer Jeff Atwater obtained by FloridaPolitics.com, McCarty fueled speculation as to what his next career move will be, explaining ” . . . I have decided to resign my position effective May 2, 2015.  This will allow me to pursue other career opportunities of interest that have recently come to my attention.”

To view the story and letter on FloridaPolitics.com, click here.

To read the Miami Herald coverage, click here.

A replacement for McCarty has not yet been named.

McCarty has served as the only appointed Insurance Commissioner for the Florida Office of Insurance Regulation since it was originally created in 2003.

“The privilege of serving the people of Florida as Insurance Commissioner has been the highlight of my professional career,” McCarty said in a prepared statement issued today.  “I am proud of the tremendous accomplishments achieved during my tenure and am grateful to the outstanding and talented staff at the Office of Insurance Regulation who made them possible.  It has been an honor to work with various Florida governors, cabinet members, legislators and industry stakeholders in meeting the many challenges faced by our state over the last 12 years.”

“I am looking forward to exploring new opportunities that will allow me to use the skills, knowledge and expertise I’ve gained as Insurance Commissioner.  In the meantime, I will continue my service and provide whatever assistance is desired to facilitate a smooth transition.”

For a list of Commissioner McCarty’s accomplishments during his tenure with the Florida Office of Insurance Regulation, click here.

 

 

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