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Citizens Insurance CEO Is Stepping Down
Wednesday, March 13, 2013    
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Richard Robertson will retire June 1

Louisiana Citizens Property Insurance Corp. Chief Executive Officer Richard Robertson says he plans to retire June 1.

Robertson told The Advocate he will return to Michigan.

He had been general manager of Michigan Basic Property Insurance Association, Michigan's state-backed insurer, for 20 years before taking the job at Citizens.

Robertson's retirement announcement is on the agenda for the board's Thursday meeting.

(Copyright 2013 by The Associated Press.  All Rights Reserved.)