Rosendale Highlights Consumer and Business-Friendly Insurance Bills
Commissioner of Securities and Insurance
"These bills protect consumers, improve
SB 58, sponsored by Sen.
Status as of 5/3/17: Signed into law
Effect: Prohibits zero dollar claims from being considered for changes to personal insurance policies (changes include cancellation, refusal to renew, or increased premiums). Zero dollar claims can occur if a policyholder makes a claim but decides to pay out of pocket, hasn't met the deductible and pays out of pocket, or simply asks about filing a claim.
Rosendale: "As Commissioner, my first responsibility is to advocate for
McNally: "Montanans shouldn't have their insurance policies cancelled for claims their company didn't pay: it's a matter of fairness. I've been proud to work with both a Democratic and Republican Insurance Commissioner on this bipartisan effort to help homeowners keep their coverage. I know it will help many families in
SB 245, Sen.
Status: passed the Legislature unanimously, transmitted to governor
Effect: Allows inactive captive insurance companies to apply for dormant status, improving
Rosendale: "This is a good bill to keep
HB 653, Rep.
Status: passed the Legislature, transmitted to governor
Effect: Streamlines service of process regulations and eliminates unnecessary bureaucracy at the Commissioner of Securities and Insurance office.
Rosendale: "This bill modernizes
SB 167, Sen.
Status: passed the Legislature unanimously
Effect: Places the criminal provisions of state insurance code in one criminal section to make statute easier to read and understand.
HB 145, Rep.
Status: passed the Legislature, transmitted to governor
Effect: Revises annuity regulations to better protect consumers.
SB 222, Sen.
Status: signed into law
Effect: Prohibits certain annuity contracts from having surrender penalties or charges on contracts older than 10 years
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