Westmont Wire
Louisiana State Legislature: New Laws
August 7, 2025
The Louisiana state legislature has recently passed multiple laws effecting the insurance industry with the goal of making insurance premiums more affordable for residents. The key highlights are as follows: ...
Illinois Senate Bill 1289
July 30, 2025
The Illinois state legislature has recently passed Senate Bill 1289 (SB 1289), changing the definition of “home state” as it concerns surplus lines insurance. The key highlight is if more ...
Delaware Department of Insurance Forms and Rates Bulletin No. 41
July 28, 2025
The Delaware Department of Insurance (“Department”) has recently issued Forms and Rates Bulletin No. 41, regarding the charging of fees beyond the policy premiums by property and casualty carriers. The key highlights ...
Texas Department of Insurance Bulletin
July 22, 2025
The Texas Department of Insurance (“TDI”) has recently issued Bulletin # B-0008-25, applicable to all property and casualty insurers, requiring the reporting of reasons for declinations of applications and cancellations ...
Louisiana House Bill 148
July 15, 2025
The Louisiana state legislature has recently passed House Bill 148, requiring insurers to provide prior premium amounts with renewals of certain insurance policies and repealing the distinction between competitive and noncompetitive ...
NYDFS Cybersecurity and Sanctions Guidance
June 30, 2025
The New York Department of Financial Services (“DFS”) has recently issued guidance regarding the steps that regulated entities should take to prepare for an increased threat of cybersecurity attacks. The ...
Indiana Bulletin: July 1 filing for Insurers, TPAs, and PBMs – UPDATE
June 27, 2025
This is an Update to Westmont’s original wire from June 12,2025 as Indiana has now provided a link to upload the Requested Information. The Indiana Department of Insurance (“Department”) has ...
Missouri Insurance Bulletin 25-06
June 27, 2025
The Missouri Department of Commerce & Insurance (“Department”) has recently issued Bulletin 25-06 regarding the insurance industry’s response to, and the impact of, severe weather that occurred across the state ...
Indiana Bulletin: July 1 filing for Insurers, TPAs, and PBMs
June 12, 2025
The Indiana Department of Insurance (“Department”) has recently issued Bulletin 278 regarding new notification requirements applicable to all insurers, third party administrators (“TPAs”), and pharmacy benefit managers (“PBMs”). The key ...