Last year was a very productive year for the Commissioner of Security and Insurance (CSI). This is directly correlated to the amazing team that makes up this agency. We have taken opportunities, applied ourselves, and really advanced the ball in terms of …
Happy St. Patrick’s Day. Before ordering your first green beer, make sure to plan a safe ride home. Driving under the influence is dangerous for all of us, and you may find yourself spending the night in jail. A DUI can lead to hefty fines, jail time, …
Montana insurance commissioner moves to stop huge rate hike for senior care policyholders – Daily Montanan More than 140 Montana policyholders of a Pennsylvania-based company received a troubling message recently: Pay as much as 600 percent more in …
Commissioner Downing Orders Senior Health Insurance Company to Cease Unapproved Premium Increases and Benefit Reductions Downing Joins Suit Against Pennsylvania Court Helena, Mont.- Commissioner of Securities and Insurance Troy Downing has ordered long- …
As Spring approaches, Insurance Commissioner Troy Downing reminds Montanans to evaluate their flood risk. Many flood insurance policies take up to 30 days before becoming effective, so now is the time to evaluate and place coverage. Homeowners should …
HELENA — The Office of the Montana State Auditor. Commissioner of Securities and Insurance has approved over $340,000 in restitution payments to victims of Metals.com. The victims, ranging in age from 60 to 77, received payments of $14,676 to $50,000. “ …
Helena, Mont.- Commissioner of Securities and Insurance Troy Downing approved over $340,000 in restitution payments to victims of Metals.com. The victims, ranging in age from 60 to 77, received payments of $14,676 to $50,000. “Victims of securities fraud …
The state commissioner of securities and insurance last week warned business owners to prepare for cyberattacks in the wake of sanctions levied on Russia for its invasion of Ukraine. “The United States and our allies have announced economic sanctions …
Commissioner of Securities and Insurance Troy Downing released the following statement in response to the heightening risk of cyber-attacks against American companies by the Russian government and state-sponsored actors. “The United States and our allies …
“With temperatures in the negatives across the state, it’s easy to forget that summer is around the corner. Warm spring and early summer temperatures mean two things in Montana: road construction and flooding. A homeowner’s insurance policy does not …
We have been generally impressed by Troy Downing’s performance as state auditor and insurance commissioner. In his handling of multilevel sales companies, his backing of the federal No Surprises Act and outreach to healthcare consumers who could be helped …
The state has suspended the insurance license of Butte bail bondsman Jay Steven Hubber, who has been charged in a man’s shooting death that occurred during a botched bounty hunt in December. But state Auditor and Insurance Commissioner Troy Downing said …
Helena, Mont. – On Valentine’s Day, Commissioner Troy Downing released the latest episode of the “CSI Insider Podcast” discussing romance scams. Joined by Deputy Securities Commissioner Lynne Egan, the podcast discusses romance scams that prey on victims …
The rise in Covid-19 cases and the new federally mandated reimbursement program from insurance companies has led to an increase in demand for mail-order, self-administered Covid-19 tests. Home testing, if correctly administered, can give you vital …
Our agency has settled a nationwide scheme perpetrated by Metals.com affecting several Montanans ─ who collectively invested more than $2.9 million in precious metals. Our investigation alleged Metals.com advised potential investors their current …
New captive insurance company formations continued at a strong pace in 2021. Growth is expected to remain high in 2022, as premium increases are likely to continue in the traditional commercial insurance market, captive regulators and managers say. In …
Commissioner Troy Downing to Serve on Key NAIC Committees Montana Given Stronger Voice on National Issues Helena, Mont.- Montana Commissioner of Securities and Insurance Troy Downing has been assigned key National Association of Insurance Commissioners ( …
There are several pipelines crossing beneath the Yellowstone River south of Laurel. In 2011, an Exxon pipeline assumed to be safely buried beneath the river burst after being exposed by high-water river scouring. NorthWestern indicates its pipeline will be …
Victims Can Immediately Apply for Recovery from State Securities Restitution Assistance Fund Helena, Mont.- A nationwide scheme that affected 15 Montanans ─ who collectively invested more than $2.9 million in precious metals ─ was settled by the …
The state Land Board Tuesday approved the re-routing of a pipeline underneath the Yellowstone River at Laurel, despite opposition and concerns raised by some local landowners. The Land Board, composed of the top five state officeholders, voted 4-0 to amend …
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