Montana News

Sweet Success

Only a few months ago, insurance captives were a topic of some criticism in the presidential primaries. But after Vermont Governor Dean was eliminated, candidates stopped talking about them and, come to think of it, about Dean. While the campaign …

Captive Industry Makes Green Mountain State Even Greener

Vermonters from the governor on down are not shy about expressing their affection for the state’s captive insurance industry. At the recent 19th annual conference of the Vermont Captive Insurance Association (VCIA) in Burlington, state officials told the audience of …

NAMIC Issues P/C Legislative Analysis

One-fifth of the 251 property/casualty bills enacted in the states so far this year relate to the regulation of automobile insurance, according to an analysis by the National Association of Mutual Insurance Companies (NAMIC). “A total of 23 states approved …

One-on-One with Montana State Fund President Laurence Hubbard

In recent months, Montana lawmakers have been discussing the state’s workers’ comp system, primarily the existence and function of the Montana State Fund. There has been talk of privatizing the Fund, or selling it and coming up with alternate ways …

The Treasure State – Yellowstone, Moose and Legalized Gambling

The United States Census Bureau’s Census 2000 estimated the population of the State of Montana at 902,195. Approximately 87 percent of the adult residents had graduated from high school and about 24 percent had earned a bachelor’s degree or higher. …

Golf, Politics, and Insurance

Summer is just flying by us, and I hope you are enjoying every minute! We here at Insurance Journal are very busy in planning for our upcoming issues. In fact, as we put this issue to bed, production starts right …

Insurance Companies Offer $67 Million Settlement

Insurance companies covering former Montana Power Co. directors and officers have offered to pay $67 million to settle a shareholders’ lawsuit over the sale of the utility’s assets, attorney Frank Morrison Jr. confirmed July 13. The settlement offer “is a …

When Fee Audits and Legal Privileges Collide

Few areas of insurance law practice are as sensitive as the audit of a defense counsel’s bills or case file. Insurance companies and defense attorneys alike dread these necessary but often divisive processes. Two years ago, I wrote a “Legal …

IIAM TO HOLD ANNUAL CONVENTION:

The Independent Insurance Agents of Montana will hold its 73rd Annual Convention and Young Agents Conference from July 24-27, 2004 at the Rock Creek Resort in Red Lodge, Mont. Highlights of the event include breakfast with IIABA President Louise “BeBe” …

People and Places

David Molchan David Molchan has been appointed as regional advertising manager for Insurance Journal East. Molchan has extensive experience in business-to-business advertising sales and ad sales management at several trade magazine companies. Most recently, Molchan served as the regional sales …