Westmont Wire

The Delaware Department of Insurance has recently revised Form & Rate Bulletin No. 41 regarding the treatment of payment transaction fees by Property and Casualty insurance carriers. The key highlights ...

The Vermont Department of Financial Regulation – Insurance Division (“DFR”) has recently issued Bulletin No. 236 regarding changes to competitive market filing requirements for property and casualty rates. The key highlights ...

The Iowa Insurance Division (“Division”) has recently issued Commissioner Bulletin 25-05 regarding the enforcement of Short-Term Limited Duration Plans. The key highlights are as follows: In September 2024, the federal government ...

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: ...

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 ...

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 ...

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 ...

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 ...

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 ...