Altmaier Elected NAIC Vice President
Florida Insurance Commissioner David Altmaier has been elected as Vice President of the National Association of Insurance Commissioners (NAIC), effective immediately. Commissioner Altmaier will continue to serve as Florida’s Insurance Commissioner.
In a press release relating to his election, Commissioner Altmaier said, “It is my distinct honor and privilege to join such a distinguished group of individuals as an officer of the NAIC. Florida plays a significant role in the national and international insurance community and has paved the way for innovative, consumer-oriented regulatory approaches. I plan to help thoughtfully guide the NAIC through the challenges of globalization and technological innovation while promoting state-based regulation and the same consumer-oriented principles that will continue to serve as Florida’s regulatory framework.”
Florida’s Chief Financial Officer Jimmy Patronis applauded Commissioner Altmaier’s election as an NAIC officer. CFO Patronis commented, “Protecting Floridians from insurance fraud remains one of my top priorities and Commissioner Altmaier has been a partner in this mission. Not only did he stand with me before and after Hurricanes Irma and Michael to empower impacted communities to protect themselves from fraud, but he works every day to rid the state of rampant assignment of benefits abuse so that we can stop insurance rates from skyrocketing. His new role will help Florida remain a top focus globally and ensure the insurance industry works for Florida families, not against them. I look forward to continuing to work with Commissioner Altmaier during my time as CFO.”