Latest Montana Headlines
All the headlines from our Montana Topic Page, ordered by recency.
Increasing Cost of Insuring Mont. Jockeys Threatens Racing
Mar 14 2006 // Costs for insuring jockeys at Montana race tracks are going up, and some communities say the expense threatens their ability to continue holding races. Miles City, Mont., which hosts three days of horse racing, two of them...
Up to 15 Percent of Montana Vehicles Don’t Have Basic Insurance
Mar 8 2006 // As many as 15 percent of Montana vehicles lack required liability insurance, and current penalties against the owners don’t act as much of a deterrent, legislative auditors reported. The state Motor Vehicle Division...
Workers’ comp court case could cost Montana fund over $200 million
Feb 20 2006 // A looming workers’ compensation court case could cost Montanans $100 million and force a roughly $160 million rate hike for business buying insurance from the Montana State Fund, the agency’s top official...
News Currents
Feb 19 2006 // Workers’ comp court case could cost Montana fund $200 million A looming workers’ compensation court case could cost Montanans $100 million and force a roughly $160 million rate hike for business buying...
AIA Takes Issue with Mont. Democratic Party Comments
Feb 16 2006 // The American Insurance Association (AIA) on Thursday called statements by the Montana Democratic Party about former Montana Governor and current AIA President Marc Racicot “outrageous, shameful attempts to make...
Court Case Could Cost Montana Workers’ Comp System $200M
Feb 10 2006 // A looming workers’ compensation court case could cost Montana taxpayers $100 million and force a roughly $160 million rate hike for business buying insurance from the Montana State Fund, the agency’s top...
Jury Sides with Rancher, Insurance Company in Montana Tractor Case
Feb 6 2006 // A jury has ruled that an international farm machinery company must pay a Broadwater County, Mont., rancher and his insurance company nearly $120,000 over a tractor that caught fire and burned nearly seven dozen acres of a...
Montana Inks Small Business Health Insurance Contract
Jan 23 2006 // Montana sealed a deal with the state’s largest health insurer Thursday to offer affordable group coverage to small businesses that enroll in a new insurance pool. The pool is part of a $13 million state program...
Workers’ comp benefits can stop at retirement age, Mont. judge rules
Jan 2 2006 // A Montana judge recently ruled that insurers don’t have to pay lifetime benefits to injured workers who are permanently disabled on the job, according to the Billings Gazette. State Fund insures more than 20,000...
Business Moves
Dec 18 2005 // U.S. Risk Insurance Opens Irvine, San Diego Offices U.S. Risk Insurance Group Inc. has opened a Irvine, Calif., office and a satellite office in San Diego. Scott T. Carroll has joined the company as vice president and...
Business Moves
Dec 4 2005 // Montana Auditor Adds Two Companies in Captive Insurance Market Montana State Auditor John Morrison has announced the formation of two new Montana companies approved to provide insurance in the captive insurance market. The...
Liberty Mutual Captive Management Now in Montana, Cayman Islands
Dec 2 2005 // Now Montana and the Cayman Islands have something in common: Liberty Mutual Alternative Markets. Over the summer, Liberty Mutual gained approval to establish Liberty Mutual Management (Cayman) Ltd and authorization to...
Mont. Old Fund Insurance In Dire Need of Funds
Dec 1 2005 // A Montana-owned insurance agency for injured workers may need $69 million to pay all of its bills, according to a Montana State Fund executive. Outside insurance experts hired by the State Fund concluded earlier this year...
INSURANCE EXPERT: MONTANA WORKERS’ COMPENSATION FUND NEEDS $14 MILLION
Nov 21 2005 // Montana’s state-run insurance program for workers injured on the job before July 1990 needs a $14 million infusion or it could run out of money in 10 years, leaving the state responsible for up to twice as much in...
MONTANA AUDITOR ADDS TWO COMPANIES IN CAPTIVE INSURANCE MARKET
Nov 21 2005 // Montana State Auditor John Morrison approved two new Montana companies that can provide insurance in the captive insurance market. The State Insurance Depart-ment has licensed MHA Worker’s Compen-sation Reciprocal...
News Briefs
Nov 20 2005 // California Governor’s Measures Defeated in Special Election California’s special election battle, the costliest campaign in the state’s history, roared to a close in November, much to the chagrin of Gov....
Montana State Fund Employees to Get Payments for Meeting Goals
Nov 1 2005 // Montana State Fund employees will receive a one-time payment for helping the state’s workers’ compensation insurance company end the year on a profitable note. State Fund CEO Lanny Hubbard, already the...
Insurer Resists Payment in Mont. Aviation Crash
Jul 18 2005 // The sole survivor of a 2004 plane crash that killed three men is demanding the aircraft’s insurer cover more than $46,000 in unpaid medical bills, but the insurance company is resisting. AIG Aviation Inc., the...
Montana Worried About Pending Workers’ Compensation Ruling
Jul 4 2005 // A case before the Montana Workers’ Compensation Court could potentially create a $300 million deficit for the state’s workers’ compensation system. The case before Workers’ Compensation Judge Mike...
Montana Worried About Pending Work Comp Ruling
Jun 22 2005 // A case before the Montana Workers’ Compensation Court could potentially create a $300 million deficit for the state workers’ compensation insurance system. The case before Workers’ Compensation Judge Mike...
