™Your Policy Risk Impact Agent
37 chapters · 1,713 sections in this title.
Mont. Code Ann. § 33-2-2106 Contents Of Corporate Governance Annual Disclosure
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(1) The insurer or insurance group has discretion over the responses to the CGAD inquiries provided that the CGAD contains the material information necessary to permit the commissioner to gain an understanding of the insurer's or group's corporate governance structure, policies, …
Mont. Code Ann. § 33-2-2107 Confidentiality
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(1) Documents, materials, or other information, including the CGAD, in the possession or control of the department of insurance that are obtained by, created by, or disclosed to the commissioner or any other person under this part are recognized by the state as being proprietary …
Mont. Code Ann. § 33-2-2108 Naic And Third-Party Consultants
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(1) The commissioner may retain, at the insurer's expense, third-party consultants, including attorneys, actuaries, accountants, and other experts not otherwise a part of the commissioner's staff, as may be reasonably necessary to assist the commissioner in reviewing the CGAD and…
Mont. Code Ann. § 33-2-2109 Sanctions -- Penalties
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Any insurer failing, without just cause, to timely file the CGAD as required in this part shall, after notice and hearing, pay a penalty of $100 for each day's delay to the commissioner. The penalty must be collected by the commissioner in the name of the state of Montana and dep…