Altmaier to Become NAIC President
In their recent fall meeting, members of the National Association of Insurance Commissioners (NAIC) elected Florida Insurance Commissioner David Altmaier as the NAIC’s next president. Altmaier succeeds outgoing president Ray Farmer of South Carolina.
Commissioner Altmaier has served as Florida’s Insurance Commissioner since 2016. Prior to being named Florida’s commissioner, Altmaier has held several positions within the Florida Office of Insurance Regulation since he started with the agency in 2008. These positions have included Chief Analyst of the Property and Casualty Financial Oversight section and Deputy Commissioner of Property and Casualty Insurance.
Commissioner Altmaier has been actively involved in national and international regulatory issues through his involvement with the NAIC. He currently serves on the Government Relations Executive Leadership Council (Vice Chair); Internal Administration Executive 1 Subcommittee (Vice Chair); Special Committee on Race and Insurance (Co-Chair); Financial Stability Executive Task Force; Innovation and Technology Executive Task Force; Climate and Resiliency Executive Task Force; Artificial Intelligence Executive Working Group; Long-Term Care Insurance Financial Solvency Executive Subgroup; Long-Term Care Insurance Multistate Rate Review Executive Subgroup; and the Audit Committee.
Members of the NAIC also named Idaho Insurance Director Dean L. Cameron as president-elect. Missouri Insurance Director Chlora Lindley-Myers has been elected vice president and Connecticut Insurance Commissioner Andrew Mais is the incoming secretary-treasurer.
The officers’ new positions take effect January 1.