Montana News

Commissioners, compensation rules, earthquakes made for shaky ground

In the era when cowboys and gold panners roamed, the West was characterized as a wild yet adventurous place to live. Judging by 2006’s insurance industry headlines, those sentiments don’t seem to have changed. In the past year, agents and …

Fraud Roundup

Alaska man guilty of reinstating policy before reporting accident An Alaska man has pled guilty to theft in the second degree, a class B felony, stemming from a fraudulent insurance claim, according to the state Division of Insurance Office of …

Fraud Roundup

Alaska man guilty of reinstating policy before reporting accident An Alaska man has pled guilty to theft in the second degree, a class B felony, stemming from a fraudulent insurance claim, according to the state Division of Insurance Office of …

Top 10 Stories of the Year – West

In the era when cowboys and gold panners roamed, the West was characterized as a wild yet adventurous place to live. Judging by 2006’s insurance industry headlines, those sentiments don’t seem to have changed. In the past year, agents and …

Pacific Northwest Storms Cause 14 Deaths, More Than $500 Million in Losses

The winter storm that struck the Pacific Northwest last week is responsible for 14 deaths and is receiving the unfortunate recognition of the worst winter storm in 13 years, according to catastrophe risk modeling company AIR Worldwide Corp.’s recent estimate …

State Preparations for Pandemic Flu Creative But Vary Widely

Trailers packed with cots and medical supplies are parked in secret locations around Colorado, ready for doctors to open makeshift hospitals in school gyms if a flu pandemic strikes. Parts of southeastern Washington are considering drive-thru flu shots during a …

Montana Approves Health Insurance Company

Montana State Auditor John Morrison has approved the formation of a new health insurance company in the state, only the third headquartered in Montana. Morrison said regulators have determined that Allegiance Life & Health Insurance Co., Inc., headquartered in Missoula, …

New Markets

Monoline Auto Classes, Small Commercial Businesses Nuts & Bolts: Zurich’s small business agents now have more than 500 monoline auto classes to sell. The company has opened an additional 257 existing America Premier classes for monoline auto and added 238 …

New Markets

Coastal Property — Texas Nuts & Bolts: Western Security Surplus has increased capacity to write coastal property coverage in Texas, including wind and hail, Tier 1 and 2 counties. The property coverage is offered via a non-admitted “A” rated market …

New Markets

Trucking Operations Nuts & Bolts: Kansas-based Interstate Insurance Management and Swiss Re’s Commercial Insurance announce the immediate expansion of their insurance program for the trucking industry into Virginia and Indiana. The program, which has been in operation since 1970, provides …