Montana State Fund Announces 5% Decrease in Rates

The Montana State Fund has announced a 5% rate decrease for policies within the Policy Year 2016 beginning July 1.  With the added 5%, rates are now 39% below 2006 levels, accounting for a 4% decrease every year. The fund has announced that it was able to return $106 million in dividends to Montana businesses since 1999.  "This type of rate reduction wouldn't happen without the commitment of our policyholders and their employees to invest in a safe workplace," said Laurence Hubbard, president and CEO of Montana State Fund. "Lower injury rates in turn translate to...