MSF Issuing Dividend Payments

The Montana State Fund started mailing dividend checks as part of its plan to return $35 million to about 23,000 businesses it insured for at least six months between July 1, 2012, and June 30, 2013. Average dividend payments for policy year 2013 are 26.7% of paid premiums, the carrier said in a statement. The maximum dividend available is 41.8%. Montana State Fund said distribution of the dividend should be completed by Feb. 5. The carrier said the $35 million dividend approved Nov. 20 is the largest in its history. Over the last 17 years, Montana State Fund said it has returned $141 milli...