The Nash Group LLC | Compliance Matters
844-899-1846
The Nash Group LLC | Compliance Matters

Call: 844-899-1846

A One-Stop Insurance Law Firm

Altmaier

Florida Insurance Commissioner David Altmaier Resigns After serving Six Years

| Dec 16, 2022 | , , , , , , ,

The landmark legislation for the Florida property insurance market that passed the Florida Senate on December 12, 2022, is most likely the final major accomplishment for Florida Insurance Commissioner David Altmaier who submitted his resignation on December 15 (effective December 28, 2022).  Commissioner Altmaier has served as commissioner since 2016 and was the National Association of Insurance Commissioners’ 2021 President.…

Florida Lawmakers Overhaul Property Insurance Law (12/12/2022)

| Dec 12, 2022 | , , , , , , , , , ,

Major legislation was passed by the Florida House of Representatives and Senate (SB 2-A) to revamp the Florida property insurance system. The new law creates a $1 billion reinsurance fund to provide critical support for carriers, many of whom have suffered in the violent storm seasons the past two years.  The session comes after Hurricane Ian smashed into the southwest…

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