Heffelfinger Sentenced to 30 Years in Prison

csimt 2011, Press Release, Securities

Today Lewis and Clark County District Court Judge Kathy Seeley sentenced Helena resident and former securities broker Arthur Leroy Heffelfinger to 30 years with 10 years suspended and ordered him to pay nearly a million dollars in restitution. Heffelfinger was sentenced 10 years for each of three counts, which included operating a ponzi scheme, exploitation of an older person, and theft.

Health Insurance Premium Review Bill Scheduled for Hearing

csimt 2011, Insurance, Legislature, Press Release

Health insurance customers who experienced high premium rate increases this year may be interested in a bill proposal by the Montana Commissioner of Securities and Insurance. HB 105 will give the Insurance Commissioner the authority to review rate increases by insurance companies. Currently, Montana is one of only three states in the country where health insurance premiums are not filed with the state insurance Commissioner. The bill is being carried by Rep. Robyn Driscoll of Billings and will be up for hearing on Tuesday, January 18th, at 8:00am in the House Business and Labor Committee.