Compliance Alerts

Montana Issues New Certification of Compliance for Anti-Stacking Statute

Written by AAIS | Nov 13, 2024

On November 4, 2024, the Montana Commissioner of Securities and Insurance (CSI) issued an Addendum to Advisory Memorandum regarding a new certification for compliance with  § 33-23-203, Mont. Code Ann.

 

On August 29, 2007, the CSI issued an advisory memorandum that related to House Bill 587, which amended § 33-23-203, Mont. Code Ann., allowing insurers to avoid stacking under certain circumstances. The corresponding instructions and checklist for filing new rates provided at the time are no longer in effect and insurers should instead use the new certification of compliance provided in the Addendum to Advisory Memorandum.

 

Please see the Addendum to Advisory Memorandum for more information. For any questions regarding the memorandum, please contact the CSI at 406-444-2040.