Westmont Wire
California DOI issues Bulletin regarding Premium Overcharges
On March 11th, 2021 the California Department of Insurance issued Bulletin 2021-03 detailing the over-charging of private passenger automobile premiums. Through a review of available premium data, the CA DOI ...
AZ DOI Reminder regarding Premium increases for Not-At-Fault Accident
On December 4th, 2020 the Arizona Department of Insurance issued Regulatory Bulletin 2020-06, which provided regulatory guidance on certain rule/rate practices related to motor vehicle insurance premiums and the use ...
NYDFS reminds licensees of upcoming Certificate of Compliance and Cybersecurity Notice
On February 24th, 2021 the New York State Department of Financial Services (“NYDFS”) issued a reminder of the Certification of Compliance due by April 15th pursuant to 23 NYCRR 500. ...
TDI issues series of Bulletins providing insurance policy guidance due to winter storm
On February 19th, the Texas Department of Insurance (TDI) issued Bulletins # B-0005-21, # B-0006-21, and # B-0007-21 to provide guidance regarding insurance policies addressing the recent winter storm. Bulletin ...
Connecticut DOI further extends effective date of Data Security Act
On February 10th, 2021 the Connecticut Department of Insurance issued Bulletin IC-43 replacing previously issued Bulletin IC-42 regarding data security. Bulletin IC-43 further delays the effective date of the Conn. Gen. ...
Texas Proposed Bill requiring Business Interruption Insurance
SB 249 is a Texas Bill recently proposed by Sen. Charles Schwertner, which would require business interruption insurance to “cover loss caused by a pandemic, including loss caused by the ...
California DOI issues notice on Proposition 22 Insurance provisions
On February 3rd, 2021 the California Department of Insurance issued a notice regarding the newly enacted Proposition 22 and related insurance coverage for app-based transportation occupations. Proposition 22 requires the ...
Pennsylvania DOI issues Notice to Medical Malpractice insurance carriers
On January 30th, 2021, the Pennsylvania Department of Insurance issued Notice 51 Pa.B. 664 directed to medical malpractice insurance carriers requiring a response to a data call pursuant to 40 P.S. ...
Michigan DOI issues Bulletin regarding Automobile Rule and Rate filings
On January 28th, 2021, the Michigan Department of Insurance issued Bulletin 2021-07-INS as a reminder to automobile insurers that, beginning February 1st, 2021, personal automobile rule and rate filings must ...