Westmont Wire
1-year Moratorium on Residential Property Insurance affected by California Wildfires
On November 5, 2020, the California Insurance Commissioner declared a 1-year moratorium on the cancellation or non-renewal of residential property insurance policies for properties located in any California ZIP code ...
Louisiana Department of Insurance is changing title agency eligibility.
Per Advisory Letter 2020-04 dated October 22, 2020 the Louisiana Department of Insurance is changing title agency eligibility. Effective January 1st, 2021 Louisiana will no longer allow non-resident licensees to ...
Delaware Department of Insurance Issues Updated Bulletin No. 5
On October 8th, 2020, the Delaware Department of Insurance released an updated Bulletin No. 5, which requests the submission of an annual certification of compliance with the Delaware Insurance Data ...
NAIC Request for Information
On September 28th, 2020, the NAIC Innovation and Technology task force sent out a request for information pertaining to regulatory relief related to innovation and technology in response to COVID-19. ...
New York State Amended Producer Licensing Certification Process
The New York Department of Financial Services (DFS) and the New York State of Health (NYSOH) has announced that, effective August 31st, 2020, producers seeking certification must now visit the ...
Delaware Requests Completion of Storm Isaias Claims Report Form
On August 10th, 2020, the Delaware Department of Insurance issued Bulletin No. 122 requesting that all domestic and foreign licensed Property and Casualty insurers, and Surplus Lines insurers, complete a ...
Washington Directs Completion of Fire Alarm Discount Survey
On August 10th, 2020, the Washington Office of the Insurance Commissioner issued a Letter requiring all Property and Casualty insurers to complete a mandatory fire alarm rate discount survey by ...
AICP Webinar: COVID-19 Impact on Insurance Regulation
The AICP will be presenting a webinar focused on the impact of COVID-19 on insurance regulation. The webinar will be hosted by Mid-Atlantic Chapter of the Association of Insurance Compliance Professionals (AICP). Joseph ...
Illinois Issues Bulletin Regarding Vandalism/Looting
On June 8, 2020, the Illinois Department of Insurance issued Company Bulletin 2020-15 addressing coverage for property damage resulting from vandalism and looting. This Bulletin requests that all insurers take ...