Business Moves
First Insurance Hawaii, AXIS Hawaii Insurance Commissioner J.P. Schmidt announced the formation of a business association between First Insurance Company of Hawaii (FICOH) and AXIS Insurance Co. Through this program, AXIS Insurance Co. will offer hurricane insurance to new and …
West Faces High Wildfire Potential
Arizona Wildfire Incurs $1.8 Million in Claims An Arizona wildfire that has burned 15,075 acres and incurred $6.9 million in claims to date might be the first example of the fire risks the Western United States are facing in 2010. …
Michigan Man, Fired for Legal Pot Smoking, Sues Wal-Mart
A Michigan man has sued Wal-Mart Stores Inc. for firing him after he tested positive for medical marijuana he was using legally to treat pain from an inoperable brain tumor and sinus cancer. Joseph Casias, 30, said he was fired …
U.S. Launches Pre-Existing Condition Health Insurance Plan
The U.S. Department of Health and Human Services (HHS) announced today the launch of a Pre-existing Condition Insurance Plan (PCIP) that will offer coverage to uninsured Americans who have been unable to obtain health coverage because of a pre-existing health …
Goldman, Sachs To Pay Montana $75,000 Fine
Montana Commissioner of Securities and Insurance Monica J. Lindeen has announced a settlement with Goldman, Sachs Inc. Under the agreement, Goldman Sachs has agreed to immediately repurchase from Montana investors the $25.65 million in auction rate securities it sold before …
Arizona Wildfire Incurs $1.8 Million in Claims
An Arizona wildfirethat has burned 14,000 acres and incurred $1.8 million in claims to date might be the first example of the fire risks the Western United States are facing in 2010. But, the National Interagency Coordination Center expects fire …
Man Mauled After Smoking Pot Can Get Workers’ Comp
A worker who was mauled feeding the bears at a tourist attraction near Montana’s Glacier National Park is eligible for workers’ compensation even though he smoked marijuana that morning, a judge has ruled. Brock Hopkins’ use of marijuana before he …
And the Best, Worst States for Tort Liability Costs Are…
Alaska, Hawaii and North Carolina get thumbs up while New Jersey, New York and Florida get thumbs down for their tort liability costs in the latest ranking by a free-market think tank. The states with the worst performance had the …
Montana State Fund Moves to New Headquarters
Montana State Fund has moved into a new headquarters at 855 Front Street in Helena. The move is a culmination of five years of planning and building a LEED-certified building. New phone numbers are 406-495-5000. The toll-free number remains 800-332-6102.
