Westmont Wire
Delaware Increases Annual Assessment for Insurers
October 19, 2018
In September, Delaware Governor John Carney signed HB 303 into law, increasing the annual fraud fund assessment for each insurance company admitted or authorized to transact business in Delaware from ...
Florida Freezes Insurance Rates After Hurricane Michael
October 18, 2018
In the wake of Hurricane Michael, Florida Governor Rick Scott directed Insurance Commissioner David Altmaier to place a 90-day rate increase freeze on any potential property insurance filings and updates. ...
NYDFS Cyber Requirement Reminder
September 4, 2018
All Companies Regulated by the New York Department of Financial Services Are Required to Comply with Regulation’s Governance Policies and Procedures, as Well as Risk Based Monitoring Systems Requirements and ...
Connecticut Issues New Bulletin Regarding Stop Loss Policies
August 9, 2018
On August 1, 2018, the Connecticut Insurance Department issued Bulletin HC-120 rescinding and combining provisions from Bulletins HC-95 & PC-75 and HC-108 & PC-80. The new Bulletin reaffirms that the ...
Westmont on the Waterfront
August 3, 2018
Come Visit Westmont Associates, Inc. at the 111th Mid-Atlantic Mutual Advantage Convention! Joseph Keller, Esq. and Katherine Lenguadoro of Westmont Associates, Inc. will be attending the Mid-Atlantic Mutual Advantage Convention ...
Final Rule Regarding Short-Term, Limited Duration Insurance
August 2, 2018
On August 1, 2018, the Department of the Treasury, the Department of Labor and the Department of Health and Human Services issued a final rule regarding Short-Term, Limited Duration Insurance. ...
New California Law Regarding Policy Documents
July 20, 2018
California Governor Jerry Brown has signed legislation intended to provide greater consumer protections to those affected by wildfires. Assembly Bill 1799 requires insurers to provide policyholders with a complete copy ...
California Order Regarding Federal Income Tax Reports
July 12, 2018
On July 2, 2018, the California Department of Insurance released an order requiring workers’ compensation insurers to report their federal income tax savings incurred under the Tax Jobs and Cuts ...
AICP Mid-Atlantic Chapter E-Day
June 11, 2018
Westmont is proud to be a Diamond Level and primary sponsor of the Mid-Atlantic Chapter of the AICP Annual Education Day on Friday, June 15, 2018 at the Hotel Du ...