BILLINGS – It’s a billion-dollar-a-year industry, except the only ones benefiting are criminals and Montana is no exception as our aging population is the main target. It’s why there’s a massive push by the office of the Montana Commissioner of Insurance …
Forsyth woman accused of defrauding customers through her insurance company, Rosebud County Insurance Inc., by spending client payments on personal expenses appeared in federal court on charges Monday. Kileen Moria Hagadone, 57, pleaded not guilty to an …
BILLINGS – A Forsyth woman pleaded not guilty Monday to federal charges that she defrauded customers through her insurance brokerage, Rosebud County Insurance, Inc., and stole customers’ identities, according to U.S. Attorney Jesse Laslovich. Kileen Moria …
The Montana Supreme Court this week cleared the way for an administrative proceeding against a legally beleaguered workers’ compensation insurance firm tied to state Rep. Nelly Nicol, R-Billings, a freshman lawmaker who ran a bill this session that would …
BILLINGS – Kileen Hagadone of Forsyth was taken into FBI custody on Friday morning before being booked into the Yellowstone County Detention Facility in Billings. One week prior, Hagadone was permanently barred from practicing insurance-related business in …
FORSYTH — Rosebud County Insurance agent Kileen Hagadone has been permanently barred from conducting insurance business in Montana after a judge’s ruling last week. But the impact of her alleged criminal activity is still being uncovered, and one of her …
HELENA, Mont. — Hundreds of Montanans will see money from a multimillion-dollar settlement with a major finance company. The $13 million agreement with Raymond James Financial comes after several states, including Montana, launched an investigation into …
Insurance commissioner says he obtained court order A Forsyth insurance broker has permanently lost her license after complaints surfaced that she was accepting premium payments but not purchasing insurance policies. Montana Insurance Commissioners Troy …
Rosebud County Insurance and Hagadone’s License Revoked Helena, Mont.-On July 12, 2023, Commissioner Troy Downing secured an Order of Final Injunction permanently barring Kileen Hagadone and her business, Rosebud County Insurance, Inc. (RCII), from …
Helena, Mont.-Today, State Auditor and Securities Commissioner Troy Downing announced a $13 million settlement with Raymond James & Associates, Inc. and Raymond James Financial Services, Inc., resulting from an investigation into the company’s …
Financial scams and fraud are the most common forms of elder abuse according to Troy Downing, Montana State Auditor and Commissioner of Securities and Insurance. He was in Polson last week, along with representatives from Elder Protective Services, …
An Opinion Editorial by Commissioner Troy Downing Bail bonds are integral to the criminal justice system – they allow those charged with crimes freedom to work on their defense and deal with their personal lives and obligations prior to trial. Bail bond …
Helena, Mont.- In recognition of World Elder Abuse Awareness Day (WEAAD) on June 15, Commissioner Troy Downing reminds Montanans to be vigilant of investment scams targeting seniors. The Commissioner of Securities and Insurance is charged with protecting …
An Opinion Editorial by Commissioner Troy Downing In response to John Looney’s May 26 Opinion Editorial regarding House Bill 62: The CSI appreciates all the collaboration and input we received from industry, law enforcement, and stakeholders when drafting …
‘Regulatory Sandbox’ Allows Insurers to Offer New Products or Services FOR IMMEDIATE RELEASE CONTACT: Ethan Heverly eheverly@safemt.gov or (406) 544-8287 HELENA, MT—Montana State Fund (MSF), the state’s largest and leading workers’ compensation insurance …
An Opinion Editorial by Commissioner Troy Downing As the Montana Insurance Commissioner, I am often asked about high premiums in certain lines of insurance. One example is rising premiums in wildfire risk areas. This makes intuitive sense − if the risk of …
Gov. Greg Gianforte has signed legislation designed to curb reckless and dangerous bounty-hunting tactics in Montana that was drafted after a series of violent apprehensions, including one in Butte that led to homicide charges. Republican Troy Downing, the …
Helena, Mont.- Following a string of high-profile crimes committed by bounty hunters in Montana, Commissioner Troy Downing’s legislation to protect Montanans by putting sideboards around fugitive recovery agents is now law. House Bill 62, carried by …
Helena, Mont.- Commissioner Troy Downing released the following statement regarding a phishing scam affecting senior citizens in Montana: “In the past five days, CSI’s Financial Abuse Specialist Team (FAST) received multiple complaints regarding a phishing …
Helena, Mont.- On Monday, Senate Bill 49, sponsored by Commissioner Troy Downing and carried by Senator Mike Cuffe was signed into law by Governor Greg Gianforte. This bill revises the sale of cabin sites on state trust lands to facilitate competitive …
