Executive Director
Earnings: $343,608
Where:Citizens Property Insurance Corp., FL (Florida’s public insurance provider)
As public insurance premiums rise for homeowners in Florida, so do executives’ earnings. Scott Wallace was paid a base wage of $343,608 in 2009, one of the highest-paid employees in the state. Even homeowners who choose to insure their property with a private insurer are helping fund Wallace’s wage, paying a 1.4 percent fee on their premiums to cover Citizens’ shortfalls after Hurricane Katrina.
