Latest Montana Headlines
All the headlines from our Montana Topic Page, ordered by recency.
Mont. Legislature Approves HB 205
Apr 14 2003 // Both houses of the Montana Legislature have approved HB 205, the Insurance Department’s bill to amend the state’s Insurance Information and Privacy Protection Act, according to the Alliance of American...
Mont. Credit Info Bill Limits Insurers Ability to Accurately Predict Risks, AIA Says
Feb 24 2003 // The Montana House of Representatives has approved legislation to limit use of a valuable tool that allows insurers to accurately predict losses and price auto and homeowners products, the American Insurance Association...
Credit, Privacy Top Agenda for 2003 Mont. Legislature
Feb 10 2003 // The Montana legislature will consider several insurance-related bills this session, covering topics including use of credit, prompt claims payment, stacking of motor vehicle liability coverages, consumer privacy, producer...
Mont. State Fund Board Appoints Hubbard as Interim CEO
Feb 6 2003 // Laurence Hubbard has been appointed by Montana State Fund’s (MSF) Board of Directors to serve as the interim CEO. Hubbard has been with Montana State Fund since 1989. Currently he serves as the vice president of...
Mont. Bill Would Undermine Judges’ Authority in Issuing Protective Orders
Jan 23 2003 // A Montana House bill that would restrain judges from issuing protective orders on private information evokes privacy concerns, compromises parties’ abilities to reach freely negotiated settlements, and increases the...
Montana Bill Would Strain Insurance Department Resources
Jan 15 2003 // A “lawyer-friendly” bill that would make it a violation of Montana’s unfair claim settlement practices act if an insurer engages in any single act that violates the statute will strain the resources of...
AAI Pleased with Mont. State Fund’s Withdrawal of Mutualization Bill
Jul 17 2002 // The Alliance of American Insurers expressed satisfaction with the decision by the Montana State Fund to postpone introduction of a bill that would have transformed the fund into a mutual insurance company in a format that...
AIA Cautions Mont. From Privatizing State Fund
Jul 12 2002 // The Montana State Legislature should be skeptical of the Montana Workers’ Compensation State Fund’s (State Fund) proposal to privatize when lawmakers return for their Aug. 5 special session, according to the...
Montana-Based Agencies See Growth in Payne Financial Group
Dec 4 2001 // Montana International Insurance, select divisions of Terry Payne & Co., and Hoiness LaBar Insurance formed Payne Financial Group in January 2001 to offer a broader portfolio of services to their clients. Payne...
S&P Lowers Western Mutual Rating
Feb 28 2001 // Standard & Poor’s has lowered its financial strength rating on Western Mutual Insurance Co. to triple-‘Cpi’ from double-‘Bpi.’ This rating action reflects continued deterioration in the...
Montana Proposes Bill to Allow Captives Into State
Feb 12 2001 // n an attempt to promote economic development in Montana, State Auditor John Morrison has proposed a bill to allow the formation and operation of captive insurance companies in the state.
Montana Adopts In-State Adjuster Requirement
Oct 23 2000 // The Montana Department of Labor and Industry has adopted a proposal to use only in-state adjusters for workers’ compensation cases, a move that industry insurer groups believe could delay claim settlements and...
SAFECO, Montana Work to Resolve Privacy Issues
Aug 30 2000 // Montana State Auditor Mark O’Keefe and SAFECO Regional Vice-President Bill Norman are working together to resolve issues raised by a recent SAFECO mailing in response to the amendments to the Montana Insurance...
Montana State Auditor Orders Insurers to Drop Wildfire-Related Moratoriums
Aug 4 2000 // State Auditor Mark O’Keefe told all property and casualty insurance companies doing business in Montana to lift all blanket wildfire-related moratoriums on new or increased levels of property insurance, or face...
