The state’s largest workers’ compensation insurance company has announced a 3% average rate reduction for its policyholders and is effective for new and renewal policies on or after July 1st. With the most recent reduction, its rates are now 54.1% lower than in 2006 which was the year of the last rate increase. This is the 16th con...
Montana State Fund To Pay $40 Million To Policyholders
Montana State Fund announced a record tying $40 million dividend for policyholders Tuesday. The state’s largest workers’ compensation insurance company has paid a dividend to employers every year since 1999 as a direct result of better-than-expected investment market performance and positive workplace safety records. Dividend distribution will...
Montana State Fund Announce New Dividend For Policy Holders
Montana State Fund’s 22,000 policy holders will receive a 10% rate reduction and a $20 million dividend. Wednesday, Montana’s largest workers’ compensation provider said the dividends are a direct result of better-than-expected investment performance and positive workplace safety results. Senator Steve Daines led a hearing We...