summary
Introduced
03/31/2025
03/31/2025
In Committee
03/31/2025
03/31/2025
Crossed Over
Passed
Dead
05/20/2025
05/20/2025
Introduced Session
2025 Regular Session
Bill Summary
AN ACT ENTITLED: “AN ACT REQUIRING THE COMMISSIONER OF INSURANCE TO COMPILE A LIST OF ALL ADMITTED INSURANCE CARRIERS AND INSURANCE PRODUCERS AND PUBLISH THE LIST ON THE COMMISSIONER'S WEBSITE; REQUIRING SEARCH FUNCTIONS BY TYPE OF INSURANCE; PROHIBITING ADVERTISING ON THE COMMISSIONER'S WEBSITE; PROHIBITING A FEE; PROVIDING FOR NOTIFICATION TO INSURERS AND PRODUCERS RELATING TO THE WEBSITE LIST; AND PROVIDING AN APPROPRIATION.”
AI Summary
This bill requires the Montana Insurance Commissioner to create a publicly accessible website listing all admitted insurance carriers and insurance producers (licensed agents) in good standing. The website must randomize the order of listings daily, organize insurers by insurance classifications, include searchable fields, and provide multiple search options to help consumers find appropriate insurance coverage. The bill explicitly prohibits the website from being used as an advertising platform, meaning the commissioner cannot receive compensation from insurers or producers to feature their information prominently. Insurers and producers will be notified about the website and how to submit their contact information. To support the website's creation, the bill appropriates $10,000 from the general fund for the 2025-2027 biennium. The website is intended to be a free, neutral resource to help consumers easily compare and find insurance options, with no fees charged to insurers or producers for inclusion on the list. The new provision will be integrated into Title 33, Chapter 1 of Montana's insurance regulations.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
(H) Died in Process (on 05/20/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://bills.legmt.gov/#/laws/bill/2/LC3083 |
State Bill Page | https://bills.legmt.gov/#/lc/bill/2/LC3083 |
Fiscal Note HB0937_1 | https://docs.legmt.gov/download-ticket?ticketId=26057a55-339e-40d7-bb4c-92d16f141dab |
BillText | https://docs.legmt.gov/download-ticket?ticketId=4271eca3-2b68-4ba4-9d9b-64b5dbbf8eb8 |
BillText | https://api.legmt.gov/docs/v1/documents/getContent?documentId=299508 |
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