FOR IMMEDIATE RELEASE

Commissioner David Altmaier, Florida Office of Insurance Regulation, Elected NAIC Vice President

WASHINGTON (Feb. 4, 2019) — The National Association of Insurance Commissioners (NAIC) members elected Florida Insurance Commissioner David Altmaier to fill the vacant position of the office of Vice President effective immediately. The election was held in accordance to NAIC bylaws, during a plenary meeting of its members on Sunday, Feb. 3. Altmaier joins other 2019 NAIC Officers including: NAIC President and Maine Insurance Superintendent Eric A. Cioppa, NAIC President-Elect and South Carolina Director of Insurance Raymond G. Farmer, and Secretary-Treasurer and Idaho Insurance Commissioner Dean L. Cameron.

Commissioner Altmaier was appointed as Florida's Insurance Commissioner by the Financial Services Commission and leads a 292-member team at the Florida Office of Insurance Regulation, overseeing a complex insurance marketplace in a state with one of the highest catastrophe exposures for hurricanes. In addition to Commissioner Altmaier's new role, he will remain in his capacity as Florida's Insurance Commissioner.

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.

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