“Five months ago, our agency put multi-level marketing companies (or MLMs) on notice that we will be taking enforcement action against those not following Montana law. Under our law, MLMs …
State, industry leaders meet at Montana Insurance Summit in Helena
Insurance industry professionals from around Montana were in Helena Monday for a conversation with state leaders. About 270 people attended the Montana Insurance Summit, organized by the State Auditor’s Office. …
State panel recommends using federal funds to fight exploitation of elderly
A state advisory committee has recommended Montana direct $645,000 of federal COVID-19 recovery funds to increase efforts to fight exploitation of senior citizens by adding three elder councils to the …
Elder abuse prevention takes center stage at Helena events
The state delivered a double whammy on elder abuse Tuesday, with an observance held at a Helena bank outlining the state’s actions on dealing with the problem and a group …
Commissioner Downing Reconvenes Senior Financial Exploitation Task Force
On World Elder Abuse Awareness Day, Commissioner Troy Downing reconvened the Senior Financial Exploitation Task Force to discuss the creation of three new Elder Justice Councils to cover the entire …
Insurance Commissioner Troy Downing Appears on TalkBack
State Auditor and Insurance Commissioner Troy Downing appeared on the KGVO Talk Back Show on Monday to answer questions from listeners. One comment was from an insurance agent who asked …
COMMISSIONER DOWNING RECOGNIZES JUNE 15 AS WORLD ELDER ABUSE AWARENESS DAY
In recognition of World Elder Abuse Awareness Day on June 15, the Office of the Commissioner of Securities and Insurance (CSI) reminds financial professionals and the general public throughout Montana …
NASAA Approves Model Act for Restitution Assistance Funds
A new model act from the North American Securities Administrators Association (NASAA) would act as a guide for states to pass their own legislation or regulation creating “restitution assistance funds” for …
NASAA Members Approve Model Act to Create Restitution Assistance Funds for Victims of Securities Violations
WASHINGTON, D.C. (May 18, 2021) – The North American Securities Administrators Association (NASAA) today announced that its membership has voted to approve a model act for use by jurisdictions that …