Hurricane Ian flooded houses in Florida residential area. Credit: bilanol/Adobe Stock
An insurance CEO and his wife pocketed more than $50 million in 2024 as Florida homeowners were hit with extreme weather and ever-rising monthly premiums, according to ABC Gulf Coast News.
Slide CEO Bruce Lucas and his wife, the company’s chief operating officer, paid themselves $21 million and $16.5 million respectively last year while also taking in bonuses and stock awards. Company policyholders, which comprise 340,000 after just three years of business, want answers— calling the CEO’s spending ‘out of control’ as ‘the rich get richer and the poor get poorer’.
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Joe Toppe
Joe Toppe serves as managing editor of PropertyCasualty360.com. Joe is also a father of three, an author, and longtime lover of baseball.
