Laura Shirtliff
REDC Facilitates Meeting for Commissioner Downing
On Wednesday, Aug. 23, REDC participated in an informational meeting with Montana‘s Commissioner of Securities & Insurance (CSI), Troy Downing. Downing and his team were traveling across Montana to spread the word regarding scams and fraudulent activities that his office is seeing. Downing reported, “One of the biggest financial frauds that our office sees, is upon our senior … Read more
Havre Hears Presenation on Financial Fraud
Havre Daily NewsBy Patrick Johnston Montana Auditor Troy Downing was at North Central Senior Citizens Center Thursday to give a presentation on common forms of financial fraud, part of a 14-stop tour aiming to promote awareness, improve prevention and reduce the stigma around people who are victimized by fraudsters, especially senior citizens. Downing said his role … Read more
Elder fraud on the rise, Commissioner says
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
Commissioner Troy Downing Encourages Montanans to Prepare for Fire Season
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
State’s consumer protection public education tour hits Billings Monday
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
Commissioner Downing Prohibits Insurance Companies from Refusing to Issue Policies in Low-Risk Fire Areas
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
Commissioner Downing Adds Two Stops to the Protecting the Big Sky Tour
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
Judge Approves Liquidation of Western Title and Escrow
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
Commissioner Downing Announces Lear Capital Investors Will Receive Compensation
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