Lindeen Approves 22.4% Reduction in Work Comp Costs

csimt 2011, Insurance, Press Release

Commissioner of Securities and Insurance Monica Lindeen approved a 22.4 percent reduction in workers’ compensation insurance loss costs on Monday, which will translate to lower premiums for employers. The dramatically lower loss costs, which are the costs insurers pay for claims, come as a result of bipartisan legislation signed by the governor last month.

Lindeen Announces Decrease in Work Comp Costs

csimt 2011, Insurance, Press Release

Commissioner of Securities and Insurance Monica J. Lindeen today reported that Montana workers compensation loss costs have decreased by over 5 percent the past year. The National Council on Compensation Insurance (NCCI) recently made a filing with Commissioner Lindeen’s office requesting an overall loss cost decrease of -5.6% effective July 1, 2011.

March Marks 100 Years of Protecting Investors for State Securities Regulators

csimt 2011, Press Release, Securities

This month, state securities regulators throughout the United States are observing 100 years of protecting investors. As Montana’s top securities regulator, Monica Lindeen, Commissioner of Securities and Insurance (CSI), is proud to continue building on the century-old foundation of putting fraudsters behind bars, returning lost money to investors and teaching our neighbors to spot and report the red flags of investment fraud.

The Montana Way

csimt 2011, Editorial, Insurance, Legislature, Press Release

Montana families and small businesses are struggling to keep up with the rising cost of health insurance premiums and the high cost of health care. I have heard the call to elected officials to address this important issue which is affecting our state’s economy and our health. Over the past year, I have been meeting with Montanans from all walks of life – business owners, farmers, ranchers, parents, grandparents, doctors, nurses, insurance agents, and anyone who was willing to visit about what needs to change.

Lindeen Recommends Flood Insurance

csimt 2011, Insurance, Press Release

This week, most Montanans are digging themselves out of record breaking amounts of snowfall. Big Sky is already at 127% of average snow pack. Heavy snow around the state has brought much-needed moisture, so much that the first mildly warm day could likely cause flooding. Commissioner of Securities and Insurance Monica J. Lindeen encourages Montanans to review your homeowner insurance policies to determine if you have flood insurance and offered advice on filing claims.

Bill To Protect Health Insurance Consumers Scheduled For Hearing

csimt 2011, Insurance, Legislature, Press Release

House Bill 128, carried by Rep. Pat Noonan (D-Butte) and proposed by Commissioner of Securities and Insurance Monica J. Lindeen, is scheduled for hearing on Thursday, February 3rd, at 8 am, in the House Business and Labor Committee. HB 128 gives the Commissioner’s office the ability to protect consumers by enforcing market reforms to health insurance policies that went into effect upon issue or renewal after September 23, 2010.