Westmont Wire
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 ...
Texas Senate Bill 455
June 2, 2025
The Texas legislature has recently passed Senate Bill 455 (“SB 455”), relating to arbitration provisions in certain surplus lines contracts. The key highlights are as follows. A surplus lines insurance ...
Illinois Insurance Data Security Law Compliance
April 1, 2024
The State of Illinois has enacted Public Act 103-0142, otherwise known as the Illinois Insurance Data Security Law, effective January 1, 2024. Under the new law, all Illinois Department of ...
Vermont Insurance Bulletin No. 229
March 13, 2024
The Vermont Department of Financial Regulation has recently issued Bulletin No. 229, reminding all Insurers that decisions or actions that are made or supported by Artificial Intelligence Systems (AI) must ...
California Department of Insurance Notice 3/5/2024
March 5, 2024
The California Department of Insurance has recently issued a notice relating to the reporting requirements of any changes in background information to the Department within 30 days of learning of ...