Montana State Fund reports strong financial position, 10% rate decrease and continued emphasis on safety
Montana State Fund officials briefed senators on the insurer’s role as the state’s not-for-profit workers’ compensation carrier, reporting nearly $902 million in reserves, $629 million in policyholder equity, a July 1, 2024 10% average rate decrease and ongoing investments in safety and claims management.
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Representatives of Montana State Fund briefed the Senate Business and Labor and Economic Affairs Committee on the state-run workers’ compensation carrier’s operations, financial position and loss-prevention work.
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