Westmont Wire
Delaware Requests Completion of Storm Isaias Claims Report Form
August 13, 2020
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
August 12, 2020
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
June 25, 2020
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
June 12, 2020
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 ...
NYDFS Issues Emergency Regulation for Looting/Vandalism Claims
June 9, 2020
On June 5, 2020, the New York Department of Financial Services (“NYDFS”) issued an emergency regulation amending 11 NYCRR 216 (Regulation 64 – Unfair Claims Settlement Practices and Claim Cost ...
Arkansas Rescinds Numerous COVID-19 Measures
May 12, 2020
In order to wind back numerous measures taken in response to the COVID-19 public health emergency, the Arkansas Insurance Department (“AID”) issued Bulletin No. 20-2020 dated May 11, 2020 rescinding ...
Pennsylvania to No Longer Accept Paper Filings
May 12, 2020
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
May 6, 2020
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
April 29, 2020
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 ...