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Montana State Fund reports falling rates, strong reserves and ongoing claims administration

2103623 · January 8, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Montana State Fund general counsel Nick Mazanec and government relations director Ethan Heberly briefed the House Business and Labor Committee on the state

Nick Mazanec, general counsel for Montana State Fund, told the House Business and Labor Committee that the not-for-profit insurer was founded to provide stable, affordable workers' compensation coverage for Montana employers and workers.

Mazanec said Montana State Fund insures roughly 25,000 businesses, employs about 280 staff and focuses on both employer services and injured-worker outcomes. He described a long-term trend of falling workers'…

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