Westmont Wire

Come Visit Westmont Associates, Inc. at the 111th Mid-Atlantic Mutual Advantage Convention!

Joseph Keller, Esq. and Katherine Lenguadoro of Westmont Associates, Inc. will be attending the Mid-Atlantic Mutual Advantage Convention August 5^th through August 7^th. If you would like to visit us during our time in the Charm City, please stop by Westmont’s booth to meet us. Westmont offers a full spectrum of insurance compliance and management services. Our seasoned professionals have a wealth of experience including but not limited to insurance company formation and licensing, agent/agency/MGA/TPA licensing, claims auditing and review, contract drafting, due diligence, and actuarial services. They are well versed in the handling of all manner of claims such as asbestos, environmental, workers’ compensation, surety, professional liability and property claims. Our staff are seasoned expert witnesses both with respect to direct claims and reinsurance claims. In addition, Westmont provides market conduct analysis and program management, and legislative/regulatory analysis and review on both state and federal issues. Westmont is an industry leader in serving both the world’s largest insurers as well as small, specialized regional insurers and program managers. Our knowledge and experience is your advantage.

You can also contact us at: info@westmontlaw.com

We hope to see you there!

On August 1, 2018, the Department of the Treasury, the Department of Labor and the Department of Health and Human Services issued a final rule regarding Short-Term, Limited Duration Insurance.  This rule amends the definition of short-term, limited-duration insurance for purposes of its exclusion from the definition of individual health insurance coverage.  Under the current rule issued in late 2016, short-term, limited duration insurance cannot last for more than 3 months.  Under this new rule, the limit is 12 months, and insurers may extend policies up to 36 months.  For more information about this final rule and the requirements contained therein, please contact Westmont Associates, Inc.

 

856-216-0220

info@westmontlaw.com

Westmont Associates, Inc. tracks developments affecting the insurance industry, in addition to our other services.  If you have any questions, please contact us.

California Governor Jerry Brown has signed legislation intended to provide greater consumer protections to those affected by wildfires. Assembly Bill 1799 requires insurers to provide policyholders with a complete copy of policy documents, including the full policy, any endorsements to the policy, and the policy declarations page, within 30 calendar days of a covered loss under a fire insurance policy.

For any questions or updates regarding AB 1799, please contact Westmont Associates, Inc.

 

856-216-0220

info@westmontlaw.com

Westmont Associates, Inc. tracks developments affecting the insurance industry, in addition to our other services.  If you have any questions, please contact us.