Montana News

Montana Among States to Accuse FedEx of Misclassifying Drivers

Three states said they plan to sue FedEx Corp., accusing the second-largest U.S. package delivery company of violating labor laws by illegally classifying drivers as independent contractors rather than employees to save money. The attorneys general of New York, New …

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 …

Montana Insurance Commissioner Announces Fraud Settlement

LPL Financial Corporation (LPL) will pay nearly $1.3 million in restitution to Montana investors and a fine of $150,000 to the State of Montana under a settlement announced today by Monica Lindeen, Montana Commissioner of Securities and Insurance. The restitution …

Wyoming Farmers File Crop Claims

Farmers in northern Wyoming are beginning to file crop insurance claims for losses they suffered when sugar beets and other crops froze earlier this month. Larry French of Farm Bureau Financial Services and Insurance in Powell says he has contacted …

Study: Workers’ Compensation Public Options Outperform Private Industry

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 performance categories and at least as well when it comes to the bottom …

3 States Accuse FedEx of Misclassifying Drivers as Independent Contractors

Three states said Tuesday they plan to sue FedEx Corp., accusing the second-largest U.S. package delivery company of violating labor laws by illegally classifying drivers as independent contractors rather than employees to save money. The attorneys general of New York, …

Ring Joins National Contractors Insurance as Sales, Marketing Director

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. Prior to joining NCIC, Ring was a regional manager for construction-related publications and affiliated online …

Montana Man Charged with Arson Pleads

A Montana man charged with starting a string of fires that damaged a home and several vehicles in Billings has pleaded guilty to felony criminal endangerment. Sergio Nino, 22, entered the plea Tuesday as part of a deal reached with …

Montana Ponzi Scheme Investigation Continues

The state and a court-appointed receiver continue to inventory the assets of two Polson men and their companies as they seek to recover money for those who invested in what the state calls a $14 million Ponzi scheme. Keith Kovick …