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Montana Brokerage Owner Admits to Defrauding Customers
Aug 28 2023 // Kileen Moria Hagadone, 57, owner of Rosebud County Insurance Inc., pleaded guilty to wire fraud and to aggravated identity theft. Hagadone faces a maximum of 20 years in prison, $250,000 fine and three years of supervised...
More Funding for U.S.-Based Provider of Retained Climate Risk Reinsurance
Aug 17 2023 // Demex Group raised $5 million from a syndicate of existing and new investors the company says will address accumulating losses caused by secondary perils. The managing general agent, which “operates at the...
The Advance Pay Rule and Other Unique Aspects of Montana Claims Processing
Aug 16 2023 // This post is part of a series sponsored by AgentSync. Montana, aka the Treasure State. Known for its breathtaking views, sub-zero winters, and… an insurance claims process that rivals Florida in nuance? If you’re...
Montana Clinic Files for Bankruptcy After $6M False Asbestos Claims Ruling
Aug 15 2023 // A health clinic in a Montana town plagued by deadly asbestos contamination has filed for bankruptcy protection after a judge ordered it to pay the government almost $6 million in penalties and damages for submitting...
Montana Youth Climate Activists Get Historic Win in State Case
Aug 14 2023 // A state judge ruled Monday that Montana’s oil and gas policies are infringing on young people’s constitutional rights to a safe environment, handing a big win to youth climate plaintiffs that will likely...
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