Montana News

Changes In Federal Crop Insurance Regulations Affect Montana Farmers

Changes in federal crop insurance regulations will prevent farmers in the region from collecting two full losses for crops planted on the same ground in a single crop year, a federal agriculture official said. The changes put in place for …

POULTRY COVERAGE STUDIED:

The avian flu virus cost giant Perdue Farms and Mountaire Farms as well as a number of individual poultry growers dearly in thousands of destroyed chickens, considerable clean up costs and lost income. Perdue and Mountaire may recover some of …

MONTANA RECIEVES NAIC ACCREDITATION AWARD:

The insurance regulatory organization from Montana received Accreditation awards under the National Association of Insurance Commissioners’ (NAIC) Financial Regulation Standards and Accreditation Program. The honor was presented at the 2004 NAIC Spring National Meeting. “We hold our state insurance regulators …

Former Nev. Businessman Sentenced

Attorney General Brian Sandoval announced that Tye Fortuna, 31, of Big Fork, Mont., was sentenced recently by Judge Michael R. Griffin in the Carson City District Courthouse after pleading guilty to felony insurance fraud. Tye Fortuna previously was a Carson …

People and Places

Caryn Siebert Caryn Brenna Siebert has been selected as president and CEO of Orange, Calif.-based Carl Warren and Company. Siebert previously served as vice president & national director of claims operations at Safeco Insurance Company. Siebert, an attorney and former …

Montana State Fund Authorizes Dividend

The Montana State Fund Board authorized a dividend payment to qualifying policyholders. At their March 26 meeting, the Board approved a $2 million dividend distribution. This will be the sixth consecutive year MSF has rewarded customers with superior safety records. …

Safeco Settles Suit, May Face $3 million in Claims

Safeco auto insurance customers who were injured by uninsured or underinsured motorists or who filed medical claims during the last eight years may be able to collect additional compensation under a court settlement reached this week. Tens of thousands of …

Vote Against Privatizing Workers’ Comp Gets Mixed Reactions in Montana

A special committee’s recommendation against privatizing the Montana’s main workers’ compensation program is a combination of good news and bad news for the people involved. The State Fund’s 265 employees will be relieved to learn that their jobs are secure,” …

Oklahoma Legislature Tackles Tort Reform, Workers’ Comp Issues

Elected Commissioner Not Likely to Happen This Time Around The Oklahoma Legislature, in session from February through May, is working on a number of bills that would affect the state’s insurance industry. Among them, a tort reform bill and a …

Conn., Pa. Receive NAIC Accreditation Awards

The insurance regulatory organizations from Connecticut, Montana and Pennsylvania have received Accreditation awards under the National Association of Insurance Commissioners’ Financial Regulation Standards and Accreditation Program. The honor was presented at the 2004 NAIC Spring National Meeting in New York …