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 …
NASAA NEWS FOR IMMEDIATE RELEASE NASAA Highlights Top Investor Threats for 2023 WASHINGTON, D.C. – The North American Securities Administrators Association (NASAA) today released its annual list of top threats to retail investors. This year, the most …
FORSYTH — When you pay your insurance premium, you shouldn’t have to worry about whether you’re covered. But in Forsyth, many are finding they actually aren’t covered, even after paying their premiums in full. Kileen Hagadone, a Forsyth woman, had her …
A second homicide trial stemming from a bounty hunt that turned fatal in Butte has been postponed and prosecutors now want to try both defendants at the same time. Prosecutors have charged Nicholas John Jaeger and bondsman Jay Steven Hubber, both 34, with …
By: Mike Smith Montana Standard A bill designed to curb reckless and dangerous bounty-hunting tactics in Montana has advanced to the state Senate and backers say it’s likely to pass in the coming days. It passed the House on an 83-17 vote in late January, …
Commissioner Troy Downing has suspended the insurance producer licenses of Kileen Moria Hadagone (License #106679) and Rosebud County Insurance Inc. (RCII). Downing is the Montana Commissioner of Securities and Insurance, Montana State Auditor (CSI). The …
Robinhood Financial Failed Montana Investors Helena, Mont.- Montana Commissioner of Securities and Insurance Troy Downing announced today that CSI joined a multi-state settlement with Robinhood Financial LLC. As part of the settlement, Robinhood agreed to …
Helena, Mont.- Today, Troy Downing – The Montana Commissioner of Securities and Insurance, Montana State Auditor (CSI) suspended the insurance producer licenses of Kileen Moria Hagadone (License #106679) and Rosebud County Insurance, Inc (RCII) (License # …
FOR IMMEDIATE RELEASE Helena, Montana – Earlier today, the Montana State Auditor and Commissioner of Securities and Insurance joined the Texas State Securities Board and the Alabama Securities Commission in filing enforcement actions to stop a fraudulent …
Though he has just one job title, Troy Downing wears a lot of hats in his role as Montana’s Commissioner of Securities and Insurance. Aside from his role in financial and insurance regulation, Downing is one of five people to sit on the state’s Land Board …
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