By Greg Hitchcock I The Sidney HeraldAug 23, 2023 On a tour of eastern Montana, Montana Commissioner of Securities and Insurance (CSI) Troy Downing stopped off in Sidney to give a presentation on elder fraud in the hopes of preventing scams from ever taking place. “Seventy-five percent of fraud is against seniors,” Downing said. “And … Read more
Helena, Mont.- Wildfire season is real and is now. It is threatening homes, businesses, and property. Insurance Commissioner Troy Downing advises Montanans to be prepared for loss due to wildfire and to take steps now to mitigate risk and protect their property. Before a Wildfire: Ensure there is defensible space around your property by trimming or … Read more
Billings Gazette Montana State Auditor Troy Downing, who is also the state’s commissioner of securities and insurance, brings his Eastern Montana educational tour to Billings Monday, Aug. 21. Downing is inviting the public to educate investors, seniors, and consumers on safeguarding their finances. The commissioner and CSI staff are hosting 12 events across Eastern Montana … Read more
Downing Promises Aggressive Enforcement Helena, Mont.- State Auditor and Commissioner of Securities and Insurance Troy Downing put insurance companies on notice that CSI will aggressively pursue insurance companies that deny coverage in low-risk fire areas. An Advisory Memorandum sent to companies on August 14 states that any refusal to renew or issue policies based on wildfire … Read more
The whirlwind five-day, 12-stop tour of eastern Montana, just got better as Commissioner Downing announced two Coffee with the Commissioner events in Miles City and Sidney. As the Montana Securities Commissioner, Downing’s top priority is stopping financial exploitation in our state. The Protecting the Big Sky Tour will educate Montanans about costly scams affecting families … Read more
Helena, Mont.-Today, Commissioner Troy Downing announced that District Court Judge Leslie Halligan has ordered Western Title and Escrow (WTE) into liquidation. The order follows a 2022 ruling that placed the company, owned by Julie Leary, into receivership. Any person or company who believes they may have a claim against WTE or Julie Leary as the … Read more
163 Montanans Invested Over $3 Million Helena, Mont.- State Auditor and Securities Commissioner Troy Downing announced today that investors who purchased retail precious metals from Lear Capital are eligible for compensation as a part of Lear’s bankruptcy plan. Montana and other state regulators investigated Lear for deceptive securities and commodities activities and misleading marketing at the … Read more
12 Stops Through Eastern Montana August 21-25 Helena, Mont.- On August 21, Commissioner Troy Downing kicks off the Protecting the Big Sky educational tour in eastern Montana to educate investors, Montana families, seniors, and consumers on safeguarding their finances. The Commissioner and CSI staff are hosting 12 events across eastern Montana over five days. These educational … Read more
BILLINGS – It’s a billion-dollar-a-year industry, except the only ones benefiting are criminals and Montana is no exception as our aging population is the main target. It’s why there’s a massive push by the office of the Montana Commissioner of Insurance and Securities to educate Montana’s elderly about these dangers. And sometimes all it takes … Read more
By: MTN News BILLINGS – A Forsyth woman pleaded not guilty Monday to federal charges that she defrauded customers through her insurance brokerage, Rosebud County Insurance, Inc., and stole customers’ identities, according to U.S. Attorney Jesse Laslovich. Kileen Moria Hagadone, 57, was charged with six counts of wire fraud and three counts of aggravated … Read more