Hyundai Heavy Industries applied for an initial public offering (IPO) to raise up to 1.08 trillion won ($934 million). The shipbuilder submitted a securities registration statement to the Financial Services Commission on Tuesday. According to the statement, the company will offer 18 million newly issued shares at a price between 52,000 won and 60,000 won. .
Florida’s Altmaier to Assume NAIC Presidency for 2021 December 29, 2020
Members of the association of regulators elected these leaders for the new year:
President: Florida Insurance Commissioner David Altmaier
David Altmaier
Altmaier was appointed commissioner of the Florida Office of Insurance Regulation (OIR) by the Financial Services Commission on April 29, 2016. Altmaier began his public service at OIR in 2008, serving in a number of roles including chief analyst of the Property and Casualty Financial Oversight unit and deputy commissioner of Property and Casualty Insurance.
Altmaier succeeds 2020 NAIC President and South Carolina Insurance Director Ray Farmer.
President-Elect: Idaho Insurance Director Dean L. Cameron
Press release content from News Direct Corporation. The AP news staff was not involved in its creation.
NAIC Elects 2021 Officers News Direct Members of the National Association of Insurance Commissioners (NAIC) elected officers for 2021 during the closing activities of its Fall 2020 National Meeting, Wednesday December 9, 2020.
The following officers were elected for 2021:
President: Florida Insurance Commissioner David Altmaier
David Altmaier was appointed Commissioner of the Florida Office of Insurance Regulation (OIR) by the Financial Services Commission on April 29, 2016. Altmaier began his public service at OIR in 2008, serving in a number of roles including Chief Analyst of the Property and Casualty Financial Oversight unit and Deputy Commissioner of Property and Casualty Insurance. Altmaier currently serves on the following NAIC Executive Committees: Government Relations Executive Leadership Council (Vice Chair); Internal Administration Executive 1 Subcommittee (Vice