Westmont Wire
Pennsylvania to No Longer Accept Paper Filings
Beginning August 1, 2020, the Pennsylvania Insurance Department will no longer accept paper filings for Property and Casualty form, rate, rule, or statistical filings. Instead, all such filings must be ...
NAIC Organizes Countrywide Property/Casualty Data Call
The National Association of Insurance Commissioners (“NAIC”) has organized a data call regarding business interruption coverage as it relates to the COVID-19 pandemic. Regulators in all 50 states, the District ...
NC DOI Issues Filing Guidance Regarding Reauthorization of TRIA
On April 28, 2020, the North Carolina Department of Insurance issued Bulletin 20-B-08, discussing certain provisions of the Terrorism Risk Insurance Program Reauthorization Act of 2019, which amends and extends the ...
We Are Working Together
While insurance is on our minds, you are in our hearts. We salute the many insurance related companies and individuals providing charitable support in so many meaningful ways. We are ...
NJDOBI: Rate Filings
The New Jersey Department of Banking and Insurance (via SERFF) has requested that all insurance companies withdraw any pending rate filings. The request is in response to COVID-19 and due ...
Deadline Extended for Filing New York Cybersecurity Regulation
The New York State Department of Financial Services announced they are extending the deadline for filing the Certification of Compliance pursuant to 23 NYCRR 500 from April 15, 2020 to ...
Michigan Modifies Surplus Lines Brokers’ Fee Limits
On March 17, 2020, Michigan Governor Gretchen Whitmer signed House Bill 5174 into law, amending the Insurance Code regarding the fees that a licensed surplus lines broker or agent may ...
NYDFS Extends Cybersecurity Regulation Compliance Certification Filing Deadline
The New York Department of Financial Services has extended the cybersecurity regulation annual compliance certification filing deadline by 45 days from April 15, 2020 to May 30, 2020. Instructions on ...
Update on Westmont Operations
The health and safety of our clients, friends, and colleagues is in the forefront of our minds as we monitor and react to the COVID-19 virus. In light of the ...