New Vermont TPA regulations going into effect on July 1, 2022
Vermont has released information on new TPA regulations signaling new licensing requirements for TPAs operating in the state. The rule […]
Westmont Wire
Westmont Wire
Pennsylvania Introduces Program to Encourage Insurance Innovation
The Pennsylvania Insurance Department (PID) announced the implementation of a new program designed to encourage innovation in the insurance industry
Westmont Wire
States Continue to Roll Out Data Security Initiatives
Two additional states recently adopted versions of the NAIC Data Security Model Law. On April 30, 2021, Iowa governor Kim
Westmont Wire
Kansas Producer Licensing Reform
On May 25, 2021, the Kansas Insurance Department notified licensees of Senate Bill 37, which impacts producer licensing, appointments, affiliations,
Westmont Wire
NJ Insurers Required to Clarify Commercial BI Coverage
On May 12, 2021, New Jersey Governor Phil Murphy signed Assembly Bill 4805, requiring insurance companies to provide clear and
Westmont Wire
PA Issues Notice Regarding the Need to Assess the Impacts of COVID-19 Pandemic in Property and Casualty Rate Filing
On April 24, 2021, the Pennsylvania Insurance Department issued Bulletin No. 51 Pa.B. 2363 reminding insurers that they need to
Westmont Wire
Montana to Allow Use of Gender and Marital Status in Underwriting
On April 19, 2021, Montana Governor Greg Gianforte signed House Bill 379, permitting the use of gender and martial status
Westmont Wire
WA OIC issues Emergency Rule banning credit scoring
On March 22nd, the Washington Office of Insurance Commissioner (“OIC”) issued an Emergency Rule banning credit scoring on all personal
Westmont Wire
Oregon DFR issues reminder regarding TRIA extension
On March 19th, the Oregon Division of Financial Regulation issued a reminder to insurers regarding the Terrorism Risk Insurance Act