Montana News

Survey: New Car Owners Know Little About Insurance Coverage

A recent national survey by Mayfield Village, Ohio-based vehicle insurer Progressive, found that new car owners know much more about the features of their vehicle than they do about the insurance that protects it, themselves and others. The company found …

NAMIC Report Details State Tort Reform Efforts

The National Association of Mutual Insurance Companies (NAMIC) recently released a report detailing state legislative efforts to reform the U.S. civil justice system. According to NAMIC, “Tort Reform: An Overview of State Legislative Efforts to Improve the Legal System,” is …

NAMIC REPORT DETAILS STATE TORT REFORM EFFORTS:

A report detailing state legislative efforts to reform the U.S. civil justice system was recently released by the National Association of Mutual Insurance Companies (NAMIC). The report, part of a NAMIC series regarding state laws and legislative trends, furnishes a …

Survey: New Car Owners Know Little About Insurance Coverage

A recent national survey by the Mayfield Village, Ohio-based vehicle insurer Progressive found that new car owners know much more about the features of their vehicle than they do about the insurance that protects it, themselves and others. The survey …

Wash. L&I Adopts 9.8 Percent Rate Increase for 2004

The Washington Department of Labor and Industries announced a 9.8 percent general rate increase in workers’ compensation premiums, effective Jan. 1, 2004. Even with this rate increase, next year’s average rates will be nearly identical to the rates in Oregon …

Record Number of Risk Retention Groups Formed in 2003

Never before in the history of the Liability Risk Retention Act (LRRA) have so many risk retention groups (RRGs) formed in any one year. From January to December, 58 RRGs formed and seven RRGs retired, bringing the total number of …

Healthcare Environmental Liability

Nuts & Bolts: Helix Insurance has a market for healthcare environmental liability. Dollars: $1 million per claim/$5 million aggregate. Deductibles of $0 physician groups/$5,000 institutions. Minimum premium of $2,000. Carrier: USF Insurance Co., “A”-rated. Non-admitted market. States Available: Alabama, Arkansas, …

NAMIC Report Details State Tort Reform Efforts

A report detailing state legislative efforts to reform the U.S. civil justice system was recently released by the National Association of Mutual Insurance Companies (NAMIC). The report, part of a NAMIC series regarding state laws and legislative trends, furnishes a …

Hull & Co. Expands its Operations in Montana

Hull & Company (Montana) Inc. has acquired the insurance business of Service Office of Montana Inc. in Kalispell, Mont. The staff at Service Office have become full time employees at Hull. “Combining the talented people of Service Office to our …

Wash. L&I Adopts 9.8 Percent Rate Increase for 2004

The Department of Labor and Industries announced a 9.8 percent general rate increase in workers’ compensation premiums, effective Jan. 1, 2004. Even with this rate increase, next year’s average rates will be nearly identical to the rates in Oregon and …