Florida Insurance Commissioner David Altmaier was today voted President-Elect of the National Association of Insurance Commissioners (NAIC), effective January 1, 2020. Commissioner Altmaier served as Vice President of the NAIC during 2019.
“As one of the largest, most complex insurance markets in the world, it is critical for Florida to have a seat at the table for state, national, and global regulatory discussions. I am glad that Commissioner Altmaier will play a leading role in these critical areas,” said Governor Ron DeSantis.
“As President-Elect, I have every confidence that Commissioner Altmaier will be an advocate for Florida’s consumers. This national role will help ensure Florida is top of mind when decisions are made. I look forward to continue working with him in this position of leadership,” said Chief Financial Officer Jimmy Patronis.
“I congratulate Commissioner Altmaier on his selection to this prestigious position. The Commissioner will work diligently through this new role to protect Floridians and strengthen Florida’s insurance marketplace,” said Attorney General Ashley Moody.
“I am pleased that Commissioner Altmaier is part of the team that will lead national discussions on emerging insurance issues. This will ensure Florida has a voice as these important discussions move forward,” said Agriculture Commissioner Nikki Fried.
“I am honored to have been chosen as President-Elect of the NAIC. This year, we have made significant progress on many key issues. As President-Elect, I will continue the open dialogue to strengthen the consumer-focused framework that guides our mission as state insurance regulators,” said Insurance Commissioner David Altmaier.
About the OIR
The Florida Office of Insurance Regulation (OIR) has primary responsibility for regulation, compliance, and enforcement of statutes related to the business of insurance and the monitoring of industry markets. For more information about OIR, please visit our website or follow us on Twitter @FLOIR_comm.
About the NAIC
As part of our state-based system of insurance regulation in the United States, the National Association of Insurance Commissioners (NAIC) provides expertise, data, and analysis for insurance commissioners to effectively regulate the industry and protect consumers. The U.S. standard-setting organization is governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories. Through the NAIC, state insurance regulators establish standards and best practices, conduct peer reviews, and coordinate regulatory oversight. NAIC staff supports these efforts and represents the collective views of state regulators domestically and internationally. For more information, visit www.naic.org.
