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 state and hiring more staff to focus on crimes that …
“Independence Day Weekend is ahead of us, which means many Montanans will be utilizing our expansive public lands to camp, hike, fish, and recreate. This is Insurance Commissioner Troy Downing. Over the long and unusually warm weekend, please remember that …
States Step Up Push to Regulate Pharmacy Drug Brokers | Kaiser Health News (khn.org) Under pressure to rein in skyrocketing prescription drug costs, states are targeting companies that serve as conduits for drug manufacturers, health insurers and …
On Tuesday, State Auditor and Insurance Commissioner Troy Downing spoke to KGVO about elder exploitation in Montana. State officials noted that in 2020 a record 4,500 Montanans were victims of elder abuse, an increase of nearly 30% since 2018. “Montana has …
“Montana is expecting an above-normal fire season. High temperatures, drought, and heavy fuel loads in our forests are critical factors in the unseasonably large number of fires we’ve experienced over the last few weeks. The fires have already led to …
Jennell Huff, relationship executive/community outreach coordinator for Bank of the Rockies, said that during the COVID-19 pandemic, employees made “care calls” not only to seniors, but to all customers. They make offers to pick up groceries and other …
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 state. In early 2019, then State Auditor Matt Rosendale …
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 to be on the lookout for signs of elder financial abuse …
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 Downing to urge homeowners to contact their home insurance carriers …
“This is Commissioner Troy Downing. Lumber prices are at all-time highs. Consumer prices surged 5% last month, the fastest in over a decade. Everything is getting more expensive, but few Montanans know this means your insurance coverage may not meet the …
Montana’s State Auditor and Insurance Commissioner Troy Downing continues to reach out to Montana consumers with tips to keep from becoming victims of scams, especially that deal with insurance. Downing recently released a public service announcement …
“Unlicensed and untrained agents using high-pressure sales techniques and intentionally misleading information are selling poor-quality health plans to Montanans. This is Commissioner of Insurance Troy Downing. Purchasing a health plan that provides little …
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 are considering establishing 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 victims of securities violations who have not been …
75% of the securities fraud cases our agency investigates involve a person who is 65 years or older. This is Commissioner of Securities and Insurance Troy Downing. It’s estimated Montana seniors have lost over $1 billion to securities fraud and scams in …
Montana State Auditor and Insurance Commissioner Troy Downing spoke to KGVO on Tuesday to let consumers know about the possible risks of multi-level marketing or MLM’s, especially those that don’t comply with Montana law in registering with the State …
Dozens of multi-level marketing companies operate in our State, but only around ten are properly filed with our agency. To simplify, a multi-level marketing company or MLM is a company where you sell products to a network of customers who also sell to …
Health care is expanding. Here’s how. | Montana Free Press by Alex Sakariassen 05.10.2021 Over the past four months, lawmakers in Helena have debated and fine-tuned a slate of policies designed to address Montana’s long-standing issues with medical access …
Montana Makes Telehealth Expansion Permanent On April 19, 2021, Montana Governor, Greg Gianforte, signed House Bill 43 (“HB43” or the “Bill”) into law. The Bill, which is effective on January 1, 2022, expands access to telehealth services in Montana that …
A bill that would give Montana officials the power to license and regulate pharmacy benefit managers — the middlemen that negotiate drug prices and determine which medications are covered by health insurers — is headed to Gov. Greg Gianforte’s desk. …
