NAIC President Honors Florida and Massachusetts Insurance Commissioners with Farmer Award for Exceptional Leadership
National Association of Insurance Commissioners (NAIC) President and Idaho Insurance Department Director Dean L. Cameron presented the NAIC’s Raymond G. Farmer Award for Exceptional Leadership to NAIC Immediate Past President and Florida Insurance Commissioner David Altmaier and to Massachusetts Insurance Commissioner Gary Anderson. The awards were presented during the NAIC 2022 Fall National Meeting last week.
The Farmer Award is given at the NAIC president’s discretion and honors an NAIC member who has shown exemplary leadership, a sustained length of industry service, and contributed to advancing the NAIC’s mission.
Created in 2008, this award was previously known as the NAIC President’s Award for Distinguished NAIC Leadership. The NAIC renamed the award at the 2021 Fall National Meeting in honor of its recipient, then-NAIC Immediate Past President and South Carolina Insurance Director Ray Farmer. Former Director Farmer retired in April 2022 after 53 years in the industry and insurance regulation.
“Commissioners Altmaier and Anderson have set a high standard of leadership in their states and their many roles with the NAIC. Their professionalism, expertise, and collaborative spirit reflect the best of our state-based system on the international stage,” said Director Cameron.
NAIC Immediate Past President and Florida Insurance Commissioner Altmaier served as the organization’s President in 2021, President-Elect in 2020, and Vice President in 2019. Commissioner Altmaier sits on the NAIC’s Executive (EX) Committee, co-chairs the NAIC’s Climate and Resiliency (EX) Task Force, and also serves as a Vice Chair of the Executive Committee for the International Association of Insurance Supervisors (IAIS), representing insurance regulators and supervisors of more than 200 jurisdictions worldwide. Last week, Commissioner Altmaier announced he will be stepping down from his position as Florida’s insurance commissioner on December 28.
Massachusetts Insurance Commissioner Anderson, chair of the Northeast Zone, serves on the NAIC's Executive (EX) Committee, the Audit Committee, the Internal Administration (EX1) Subcommittee, the Government Relations (EX) Leadership Council, the Special (EX) Committee on Race and Insurance, and the Financial Regulation Standards and Accreditation (F) Committee. He has chaired the International Insurance Relations (G) Committee since 2019. Commissioner Anderson also serves on the IAIS Executive Committee and formerly chaired the IAIS’s Policy Development Committee (PDC).
Photo: (L-R) Florida Insurance Commissioner David Altmaier, NAIC President Dean Cameron, and Massachusetts Insurance Commissioner Gary Anderson
About the National Association of Insurance Commissioners
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.