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Florianman kleinman

Insurance Defense at statue of liberty
Phone 8053878605 ext 2
Email flofloflo@floflo.com
Website -
Address 123 moliere avenue
thousand oaks
CA, 91360

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Insurance Commissioner Approves 10.7% Cut to Loss Costs

Friday, March 2, 2018 | 82 | 0 | 272 min read

Montana Insurance Commissioner Matt Rosendale approved a 10.7% loss cost reduction that goes into effect July 1.

The 2018 rate cut is the largest since 2011, when then-Commissioner Monica Lindeen approved a 22.4% reduction in loss costs following the passage of a reform bill earlier in the year.

The latest rate cut follows a 7.8% reduction Rosendale approved in 2017.

Approved loss cost rates are used by private carriers and Montana State Fund to calculate premiums charged to employers.


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