The head of Florida Citizens Property Insurance Corp. says the state-run insurer is well on its way to becoming the true market of last resort for the Sunshine State.

"We've never been in better shape," says Citizens CEO Barry Gilway. "I think the numbers speak for themselves."

About a year ago Gilway took the helm of the troubled insurer, which was bursting at the seams with too much exposure and too much chaos within—misappropriations and employees basically running amok.  

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