Montana News

People

Alan Ring has joined National Contractors Insurance Co., Inc. (NCIC), a risk retention group, headquartered in Big Fork, Montana, as director of sales and marketing. Ring will be based in NCIC’s Anaheim Hills, California, office. Prior to joining NCIC, Ring …

People

Alan Ring joined National Contractors Insurance Co. Inc. (NCIC), a risk retention group, headquartered in Big Fork, Mont., as director of sales and marketing. Prior to joining NCIC, Ring was a regional manager for construction-related publications and affiliated online properties, …

Montana Courts Uphold Workers’ Compensation Cutoff Age

The Montana Supreme Court has upheld a state law that allows insurance companies to cut off workers’ compensation payments for those suffering permanent total disability when the disabled party is of retirement age. The 5-2 ruling said workers’ compensation benefits …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Commercial Construction Liability Market Detail: Insurance Specialty Group presents PrimeSTARR, an ISO-based commercial construction general …

American Alternative Insurance Partners with PersonalUmbrella.com

PersonalUmbrella.com of Emeryville, Calif., announced that American Alternative Insurance Corp. (AAIC) will be the insurer of its online personal umbrella program. AAIC is a subsidiary of Munich Re America Corp. and an affiliate of Munich Reinsurance America Inc. The company …

Montana Courts Uphold Workers’ Comp Cutoff Age

The Montana Supreme Court has upheld a state law that allows insurance companies to cut off worker’s compensation payments for those suffering permanent total disability when the disabled party is of retirement age. The 5-2 ruling Tuesday said worker’s compensation …

Montana Commissioner Named to Federal Committee

Montana Commissioner of Securities and Insurance Monica J. Lindeen has been appointed to the North American Securities Administrators Association’s (NASAA) Federal Legislation Committee, a key committee as Congress continues the work of reforming the nation’s financial regulatory system. “Reinforcing consumer …

Clear Insurance Policy: A Closer Look At Document Language

Insurance companies are taking another rhetorical beating—this time as a part of President Obama’s promotional campaign for his health care reform proposals. Now a healthy dose of professional introspection can be valuable, if for no other reason than to remind …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Apartments Low Income Subsidized Housing Market Detail: Housing Insurance Services offers programs through two admitted …

Study: Workers’ Compensation Public Options Outperform Private Industry

State funds blunt the impact of bigger losses through concerted loss prevention efforts. An insurance industry think tank has concluded that 25 public and quasi-public workers’ compensation insurance plans perform better financially than the private market in a number of …