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 increase costs for insurers and employers.
The department proposed the idea in July and has since tweaked it, making some changes in its proposed regulation pertaining to adjusters but not to the requirement that the adjuster must live in Montana.
Was this article valuable?
Here are more articles you may enjoy.
How Federal Ban on Intoxicating Hemp Products Will Reshape Risk, Coverage 
Travelers Reports Solid Underwriting, Record Investment Income for Q3 
Oaktree’s Deal to Buy A-Cap Insurer Crumbles, Spawning New Talks 
KCC Says Isaias Insured Losses to Be $3 Billion; AM Best Calls Storm an Earnings Event 
