Montana News

PCI Welcomes Three New Member Companies

The Property Casualty Insurers Association of America announced that Farmers Union Mutual Insurance Company, American Vehicle Insurance Company, and Federal National Insurance Company have joined the association. The bulletin gave the following details concerning the new members. Farmers Union Mutual …

PCI Expresses Concerns on States’ Credit Scoring Study

The Property Casualty Insurers Association of America has issued a bulletin expressing serious legal and public policy concerns about a multi-state study being conducted by insurance regulators on the “impact of credit-based insurance scoring on certain groups of consumers.” The …

MONTANA COMMISSIONER SAYS HOMEOWNERS INSURANCE RATES LEVELING OFF:

After three years of steep increases, homeowner insurance rates in Montana appear to have leveled off as the economic condition of the industry has improved, state Insurance Commissioner John Morrison said April 15. Insurance companies are no longer plagued by …

Montana May Have to Pay Pre-1990 Work Claims

The state could be liable for $584,000 in workers’ compensation claims because the 2003 Legislature stripped $18 million out of the insurance fund that covers workers injured on the job before 1990, officials say. The $18 million was taken from …

Workers’ Comp Rates Increase in Montana

The 9.5 percent increase in workers’ compensation insurance rates imposed April 30 and effective July 1 is only an average. The range of change depends on the danger of the jobs and employers’ safety records: Farm and ranch employers can …

Hot Subject on Campuses: Courses in Fire Investigation

TV Show Sparks Interest in Forensics But Real-Life Arson Probes Lack Glamor of ‘CSI’ Near the tennis courts at Centenary College in Hackettstown, N.J., a student is itching to set something on fire, and only too happy to oblige when …

SIAA: The Network That Works Plans Major Growth

“Kentucky.” “Georgia.” “South Carolina.” “New York.” Conversing with Jim Masiello during a break at his company’s business meeting is a bit like interrupting an emcee eyeing the parade of contestants at a beauty pageant. As each agent comes within view, …

Montana Workers’ Compensation State Fund Adopts MDA Guidelines

Reed Group announced that Montana State Fund (MSF) has adopted “The Medical Disability Advisor” (MDA), for use in their claims management processes. The MSF’s medical and non-medical staff will use the MDA guidelines to support their decision-making process in the …

MONTANA STATE FUND AUTHORIZES DIVIDEND:

The Montana State Fund Board authorized a dividend payment to qualifying policyholders. At their meeting, the Board approved a $2 million dividend distribution. This will be the sixth consecutive year MSF has rewarded customers with superior safety records. Nearly 12,000 …

Montana Commissioner: Homeowner Insurance Rates Leveling Off

After three years of steep increases, homeowner insurance rates in Montana appear to have leveled off as the economic condition of the industry has improved, state Insurance Commissioner John Morrison said April 15. Insurance companies are no longer plagued by …