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Governor, Insurance Commissioner at Odds Over Plans to Modernize MSF

By Greg Jones (Senior Editor)

Tuesday, January 29, 2019 | 0

Gov. Steve Bullock is opposed to a bill that would strip his authority to appoint all seven directors for the Montana State Fund, but the state’s insurance commissioner says the proposal would further brighten the line separating the carrier from other state agencies — and hopefully protect against future legislative raids on its surplus. Policyholders and business associations support the recommendations that came out of an interim committee that met throughout 2018 to discuss the fate of Montana State Fund. Labor, however, is warning that allowing the state to secure w...

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