Insurance Compliance Consulting Firm

Westmont Wire

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 filing may be found by clicking here.
For any questions regarding the cybersecurity regulation annual compliance certification filing, please contact
Westmont Associates, Inc.
856-216-0220

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 rapidly changing events related to the coronavirus, we are providing this “Wire” regarding the status of our operations.  Currently, Westmont remains open for business staffed by rotating crews of personnel. We are reviewing the evolving guidelines from the Centers for Disease Control and Prevention, the World Health Organization and state and local health departments. If necessary, Westmont is prepared to implement its business continuity plan which enables us to provide continuous services using remote access technology. Our goal remains to provide the highest level of service in a manner safe and secure for our personnel. Beginning this week, Westmont’s physical office will be open Monday through Thursday and closed on Friday. Please contact us if you have any questions or concerns. We hope all stay healthy and safe during these challenging times.

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, 2020. The new mailing address for the Department will be:
 
Arkansas Insurance Department
1 Commerce Way, Suite 102
Little Rock, AR 72202
 
Pursuant to Ark. Code Ann. § 23-79-138(a)(3), policies issued after March 15, 2020 should contain the new Department address. Furthermore, the Department asks that policies issued after March 15, 2020 also include the following language:
 
“Policyholders have the right to file a complaint with the Arkansas Insurance Department (AID). You may call AID to request a complaint form at (800) 852-5494 or (501) 371-2640 or write the Department at:”
 
For any questions regarding the new Arkansas Insurance Department address requirements, please contact Westmont Associates, Inc.

CONTACT

1763 Marlton Pike East, #200
Cherry Hill, NJ 08003
Phone: 856-216-0220
Email: nancy@westmontlaw.com