Jimmy Patronis predicts Florida will soon have a new Insurance Commissioner
Department of Financial Services, Florida Insurance Commissioner, David Altmaier, CFO Jimmy Patronis, Governor Ron DeSantis, Insurance Regulation
News & Updates
David Altmaier
New Year Brings Key Personnel Changes
The new year will bring personnel changes at key insurance-related organizations in Florida. Perhaps most notably, Insurance Commissioner David Altmaier stepped down effective December 28, 2022. Commissioner Altmaier first joined the Florida Office of Insurance Regulation in 2008. He held several roles within the property and casualty financial oversight area, including Chief Analyst. He then […]
Insurers Temporarily Blocked from Dropping Policies in Florida
Office of Insurance Regulation, Insurance Regulation News, David Altmaier, emergency order, Governor Ron DeSantis, Hurricane Ian, Insurance Regulation
Insurers can now offer reduced levels of roof replacement coverage. What this means to you
Office of Insurance Regulation, Florida Legislature, Insurance Regulation News, property insurance, Florida Cabinet, homeowners, David Altmaier, roof claims
Cabinet meets over Florida’s dysfunctional insurance market and lingering Russian investments
Citizens Property Insurance Corporation, Office of Insurance Regulation, Insurance Regulation News, property insurance, Florida Cabinet, David Altmaier, roofing claims
Citizens Heading Toward 1 Million Policies
Citizens Property Insurance Corporation’s president Barry Gilway recently projected the organization’s policy count could reach between 1 million and 1.3 million policies in 2022. Its policy count has been increasing steadily since late last year as adverse market conditions have eroded capital and reduced insurers’ willingness to write policies in several areas of the state. […]
Questions Remain After Property Bill Passes Late in Session
The 2021 Florida Legislature spent several months evaluating property insurance reform proposals. The committee hearing process included testimony from Insurance Commissioner David Altmaier, Citizens Property Insurance Corporation CEO Barry Gilway and many others. Despite these months of analysis, the primary property insurance reform bill (SB 76) was amended several times in the last week of […]
Window Closing on 2021 Session
The 2021 legislative session is entering its final week, barring an extension. As usual, key insurance legislation remains unresolved in the session’s final days. The session began two short months ago with Insurance Commissioner David Altmaier and Citizens Property Insurance Corporation CEO Barry Gilway discussing problems plaguing Florida’s residential property insurance market. Commissioner Altmaier later […]
Senate Banking and Insurance Committee briefed on state’s property insurance woes
Citizens Property Insurance Corporation, Office of Insurance Regulation, Florida Legislature, Insurance Regulation News, property insurance, David Altmaier, Insurance Regulation
Committee Meetings Begin with Property Market Overview
The Florida legislature is returning to Tallahassee and preparing for its upcoming 2021 legislative session. Several key legislative committees hold hearings this week including the Senate Banking and Insurance Committee. The agenda for this week’s Banking and Insurance Committee meeting consists of presentations by Insurance Commissioner David Altmaier and President and Chief Executive Office of […]