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THREE QUESTIONS FOR INSURANCE EXPERT DAVID ALTMAIER By Peter Schorsch
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avid Altmaier clearly remembers helping the grieving widow — 15 years ago — when he was selling insurance early in his career. “I’ll never forget it,” Altmaier said. “We were able to pay her life insurance claim and take away a little bit of that anxiety.” David’s early sales experience shaped his career. “Everything I learned was through the lens of people walking into my office asking for help,” he said. Now, he is a giant in the Florida insurance industry scene — former top regulator for the state of Florida, recent past president of the National Association of Insurance Commissioners, and the newest member of The Southern Group’s formidable national insurance practice. Altmaier says the key to his clients’ success is trying to reduce uncertainties in an already uncertain business. Several years ago, the National Association of Insurance Commissioners started looking into whether capital risk was correctly captured. In particular, the organization looked at catastrophic risk categories such as hurricanes.
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INFLUENCE Fall 2023