As Spring approaches Insurance Commissioner Troy Downing is reminding Montanans now is the time to evaluate their flood risk because many newly purchased flood insurance policies take up to 30 days before becoming effective. A homeowner is 27 times more likely to experience a flood than a fire during a thirty-year mortgage leaving many at-risk...
Montanans Reimbursed For Precious Metals Scam
A nationwide scheme affecting 15 Montanans who collectively invested more than $2.9 million in precious metals has been settled by the Commissioner of Securities and Insurance Troy Downing. Victims were manipulated and lied to by representatives of Metals.com to invest in precious metals and can now apply to the Montana Securities Restitution ...
Districting & Apportionment Commission Holds Public Hearing On Map Proposals
Montana’s Districting and Apportionment Commission held its public hearing Tuesday where citizens shared their thoughts on the final congressional map proposals. State Auditor Troy Downing. https://northernbroadcasting.com/wp-content/uploads/2021/10/10-20_737.mp3
Montana Auditor Explains Pharmacy Benefit Manager’s Impact On Drug Prices
How much of a prescription drug price does the Pharmacy Benefit Manager hike between the manufacturer and the pharmacy? We’re about to find out. State Auditor Troy Downing. https://northernbroadcasting.com/wp-content/uploads/2021/09/9-14_832.mp3
Commissioner Downing Highlights Potential Financial Abuse Towards Elders
Today is World Elder Abuse Awareness Day. The Office of Troy Downing, the Commissioner of Securities and Insurance, reminds financial professionals and the general public throughout Montana to be on the lookout for signs of elder financial abuse including potential exploitation by guardians. Whether publicly funded or privately appointed a gua...
Recently Signed Bills May Aid Disable Voters’ Submissions
Commissioner of Securities and Insurance Troy Downing has announced a rulemaking to strengthen consumer rights in the bail bond industry A typical premium on a bond in Montana is 10%. The new rules establish how bail bondsmen maintain this premium which is not regulated in statute and is only subject to marketplace competition. The Montana Leg...
Attorney General Knudsen Eases Enrollment For Learner’s Permits
Attorney General Austin Knudsen has announced a temporary relief program to clear a driver education backlog and help Montanans who are 15 years old to get their learner’s permit and eventually a driver’s license in a timely fashion. There are an estimated 22,000 Montana students waiting to enroll so they can obtain their learner’s permit. St...
Troy Downing Weighs In On Bill That Would Affect Montana Pharmacies
Insurance Commissioner Troy Downing was on Voices of Montana Wednesday discussing the high cost of prescription drugs. He’s in favor of Senate Bill 395 to shed light on the middleman between the pharmacy and drug manufacturers. https://northernbroadcasting.com/wp-content/uploads/2021/04/401-1137.mp3