TALLAHASSEE, Fla.-The Property Casualty Insurers Association of America (PCI) congratulates David Altmaier, as the new Florida insurance commissioner. Altmaier has extensive background in the insurance industry and working at Office of Insurance Regulation (OIR) as the deputy commissioner.
“We look forward to working with Commissioner Altmaier in his new role with OIR," said Logan McFaddin, PCI's regional manager. “There are many critical issues at play for insurance consumers in Florida from assignment of benefits and fraud to recent findings surrounding workers compensation. The state workers compensation system provides benefits to injured workers in a timely, efficient, and economically sound manner. It is designed to balance the interests of employees and employers, PCI and our members continue to support reforms that create a stable workers compensation environment while serving the interests of both groups. Additionally, PCI believes that it’s important for the Florida Office of Insurance regulation to continue to be a strong and effective advocate for state based regulation.”
PCI will continue to work with the department to maintain a healthy and competitive market place that will give Florida consumers and businesses choices and access to a variety of insurance products. “PCI has worked closely with Commissioner Kevin McCarty since 2003 and we applaud his recent efforts to restore a competitive and healthy insurance marketplace for homeowners, motorists, and business owners,” stated McFaddin. “Moving forward we will work with Commissioner Altmaier to combat fraud in Florida and protect hard working citizens from those trying to take advantage of the system."