Westmont Wire
NAIC Votes to Conduct Auto Insurance Data Call
The National Association of Insurance Commissioners’ Auto Insurance Working Group Panel recently voted to conduct a data call to evaluate the availability and affordability of auto insurance. The Panel wants ...
Delaware Department of Insurance to Increase Fee Structure Across the Board
On July 5, 2017, Delaware Insurance Commissioner Trinidad Navarro issued Universally Applicable Bulletin No. 2 affecting all parties engaged in the business of insurance in Delaware. Bulletin No. 2, ...
Oregon Governor Signs Senate Bill 985 Exempting Some Insurance Lines From Rate and Form Filings
Effective January 1, 2018, Oregon Bill 985 will exempt certain lines of business from filing rates and forms in an effort to improve speed to market and provide opportunities for new ...
Maryland Releases Draft Bulletin on Commission Expense Reduction Plans
The Maryland Insurance Administration has released a draft bulletin to advise property and casualty insurance companies and producers of possible upcoming changes to the regulation of Commission Expense Reduction Plans ...
Stop Loss Insurance in New Mexico No Longer a Health Product, Now a Casualty Product
On May 10, 2017, the Office of the New Mexico Superintendent of Insurance issued Bulletin 2017-005 in response to inquiries from industry representatives regarding the future regulation of stop loss ...
ELANY’S NEW ELECTRONIC PART C AFFIDAVIT
On June 12, 2017 the Excess Line Association of New York (ELANY) released new instructions for electronic filing for Part C Affidavit.
New Mexico Bulletin 2016-024
On October 7, 2016 the New Mexico Superintendent of Insurance, John Franchini, issued Bulletin 2016-024 summarizing changes to New Mexico law effective July 1, 2017.
Texas Issues Mandatory Data Call to Property / Casualty Insurers
The Texas Department of Insurance has issued Commissioner’s Bulletin # B-0025-16 regarding an annual data call to assess the market condition.
Maine Bulletin No. 415
The Maine Bureau of Insurance has issued Bulletin No. 415 regarding Property and Casualty Underwriting Guidelines.