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Former Florida Insurance coverage Commissioner David Altmaier has been employed as a lobbyist and guide by one of many largest and most influential lobbying corporations within the state, The Southern Group, the corporate introduced.
The Southern Group, which in 2022 turned the top-earning lobbying agency in Florida, with greater than $6.7 million in compensation, introduced this week that it had named Altmaier head of a brand new, nationwide insurance coverage advisory apply for the agency.
Florida statutes bar company heads from lobbying their former companies, however not from lobbying legislators. The Southern Group’s chair and founder, Paul Bradshaw, informed Florida Politics that the previous commissioner will likely be “a very efficient advocate” at a time that insurance coverage firms want these expertise essentially the most.
“In his capability as commissioner, he led the Workplace of Insurance coverage Regulation and had oversight over one of many largest insurance coverage markets on the earth,” The Southern Group famous on its web site. “Below David’s management, Florida handed a sweeping reform invoice geared toward stabilizing the insurance coverage market.”
Altmaier joined the OIR in 2008 and was named commissioner in 2016. He stepped down in December 2022, simply earlier than a six-year ban on lobbying took impact. Final month, Aspen Insurance coverage Group named him to its board of administrators.
The corporations didn’t reveal Altmaier’s new pay construction. The Southern Group has workplaces round Florida and within the capital cities of Alabama, Georgia and South Carolina.
Replace: An earlier model of this text incorrectly steered that company heads are barred from all kinds of lobbying, not simply lobbying their former companies.
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