Montana News

Business Moves

State Farm Fire and Casualty Co. Nevada Insurance Commissioner Scott J. Kipper has approved a rate change for homeowners insurance premiums as filed by State Farm Fire and Casualty Co. The rate change will become effective on April 1, 2009, …

States Gear Up for Stimulus Package

Impact on Insurance Industry May be Minimal, Experts Say The $787 billion stimulus package passed by Congress looms as the largest mountain on the country’s newly changed economic landscape. But despite hope that the stimulus bill will jump-start spending, some …

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. Misc. Medical Malpractice Market Detail: NAS Insurance Services Inc. gives agents the ability to provide …

Montana State Auditor’s Office Submits Demand Letter to AIG

Montana State Auditor and Commissioner of Securities Monica Lindeen have sent a demand letter to AIG requesting information about the company’s finances and bonuses. Lindeen is asking her Securities Division to look into potential violations of Montana law, which specifically …

Democrats Agree Health Reform Must Include Medical Liability Changes

Medical malpractice overhauls have died many deaths in Congress over the years, often at the hands of Democratic lawmakers backed by trial lawyers. Attempts to change the system may be getting new life. As they search for savings to redo …

Now Offering Contractor GL Insurance in Arkansas, Kentucky, Oregon, Idaho, Montana, New Jersey & South Carolina

National Contractors Insurance Company, Inc., a Risk Retention Group (“NCIC”) specializes in general liability insurance for licensed residential and commercial general and artisan contractors. NCIC writes the difficult Classes: Roofers, Foundations, Excavators, Fire Sprinklers, Paper GC’s, Custom Home Builders & …

Montana Legislators To Evaluate Auto Repair, Bad Faith Bills

The Montana legislature will hear bills this week related to auto body repair and what the insurance industry is calling bad faith legislation that could drastically affect the state’s insurance market and insurance consumer costs. The Senate Business, Labor and …

Accounts of Nebraska’s Grand Island Insurance Firm Frozen

The bank accounts of a Grand Island insurance agency under investigation for an alleged Ponzi scheme and the accounts of a related company have been frozen. An attorney representing First Americans Insurance Service in its bankruptcy says First Nations Compensation …

Three Buildings in Montana Collapse

A daylong search through the ruins on Friday, March 6, turned up no victims after a natural gas explosion and fire that collapsed three buildings in downtown Bozeman, Mont., a day earlier. One woman remained unaccounted for. She has not …

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. Vacant Commercial Property Market Detail: Western Networked Insurance Services has an exclusive program for vacant …