By: Mike Smith Click HERE to view the entire article. 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 regulatory authority over bondsmen … Read more
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 Vermont, the largest US captive domicile, 45 captives were licensed last year, the fourth-highest number of … Read more
Federal legislation that took effect at the start of the new year means that Flathead County residents can expect some changes to medical billing practices. For Dr. Annie Robbins, the physician director of revenue cycle at Logan Health, it’s an important opportunity for people to become more involved with their healthcare finances. However, Robbins cautioned … Read more
Click HERE to view the entire article. Montana’s top state office holders have approved a new route for a natural gas pipeline beneath the Yellowstone River over the protests of Laurel landowners. Gov. Greg Gianforte, Auditor Troy Downing, Secretary of State Christi Jacobsen and Superintendent of Public Instruction Elsie Arntzen, voted this week to approve … Read more
By: Mike Denison, MTN News 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 an easement allowing NorthWestern Energy to use a new route … Read more
State Auditor Troy Downing is pushing for reforms to Montana’s sale of state land cabin sites, speaking out and voting out against those sales during the last year of the Montana State Board of Land Commissioners. Downing has been the lone public dissenter among Montana’s top statewide elected officials. The Land Board is made up … Read more
Posted at 5:27 PM, Jan 14, 2022 and last updated 7:05 PM, Jan 14, 2022 Click HERE to view the entire article. HELENA — Multi-level marketing is a multi-billion dollar industry in the United States with sales representatives working in every state. In order to legally operate in Montana, multi-level marketing companies have to register … Read more
DENTON, MT- Right now, the race is on to get resources to a small town of Denton Montana is on. The small farming community north of Stanford along Montana State Highway 81 was destroyed by fires. Play Video Governor Greg Gianforte will be on the ground in Denton to receive an incident command briefing on … Read more
Click HERE to view the entire article. Montana’s commissioner of insurance and securities is looking to crack down on possible pyramid schemes using a new incentive program. The state auditor is allowing unregistered multi-level marketing companies to pay a reduced fine if they put their businesses under state oversight. State Auditor Troy Downing started the … Read more
By: Jaurdyn Johnson Posted at 4:01 PM, Dec 16, 2021 and last updated 4:01 PM, Dec 16, 2021 Click HERE to view the entire article. HELENA — Commissioner of Securities and Insurance and State Auditor of Montana ended the multi-level Marketing (MLM) Company amnesty program Wednesday, Dec. 15th. An MLM sells or distributes goods through agents or … Read more