Westmont Wire
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 ...
New Address for the Arkansas Insurance Department
On March 9, 2020, the Arkansas Insurance Department issued Bulletin No. 4-2020 informing insurance carriers, producers, licensed entities, and any other interested parties of its address change effective March 15, ...
Connecticut Issues a Reminder for P&C Companies to File Reports
On February 18, 2020, the Connecticut Insurance Department released a notice reminding property and casualty insurers of two upcoming reporting requirements. First, Conn. Gen. Stat. § 38a-393 requires insurance companies ...
Florida Legislature Takes First Step in Proposed No-Fault Car Insurance Law Repeal
With the nation’s third-highest car insurance rates, Florida has once again begun an attempt to repeal its Personal Injury Protection (PIP) statutes. Representative Erin Grall’s proposed House Bill 771 would ...