Montana State Fund News

Montana’s State Fund Declaring $30M Dividend

The Montana State Fund board of directors has declared a $30 million dividend to be paid to its safest policyholders. The Great Falls Tribune reports that the Montana State Fund is the state’s largest workers’ compensation insurance company, insuring nearly …

Montana Investment Board OKs Transfer of State Fund Money

The Montana Board of Investments approved the transfer of $14.7 million from the Montana State Fund to the state’s firefighting fund by April 1. During a special legislative session in November, lawmakers set a temporary 3 percent management fee on …

Utah Man on Hook for $97K for Montana Workers’ Comp Fraud

A man who suffered a knee injury while working at the Montana State Prison in 2000 has acknowledged defrauding the state workers’ compensation fund by collecting disability benefits while running a construction company in Utah. Benjie Leroy Christensen, of Roosevelt, …

Montana State Fund Lowers Rates for Upcoming Policy Year

Montana State Fund’s board of directors announced an average overall 5 percent decrease in workers’ compensation rates for 2016. The decrease is for any policy with an effective date in policy year 2016, which is July 1, 2015 to July …

Largest Dividend Paid by Montana Workers’ Comp Fund

Many Montana businesses will share a $20 million windfall from the state workers’ compensation fund. The Montana State Fund’s board on Friday approved its largest dividend ever for most of its 27,000 business customers in the state. The dividend equates …

Montana State Fund Declares Its Largest Dividend

More than 23,000 qualifying policyholders will receive a part of a $12 million dividend from Montana State Fund, the worker’s compensation insurer announced on Friday. This is the largest dividend MSF has declared since it began giving dividends in 1999, …

Montana State Fund Lowers Rates for 2014

Montana State Fund’s board of directors announced a six percent rate decrease for 2014. The decrease is effective July 1 this year. Since 2007 State Fund has lowered average rates to Montana businesses by 34.5 percent, according to the organization. …

Montana State Fund Issues $6 Million Dividend

Montana State Fund says its workers’ compensation insurance policyholders will be getting a $6 million dividend. The board of directors authorized the refunds for January that will be sent to about 21,000 policyholders with good safety standards. Overall, the agency …