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Montana State Fund Declares $20 million Dividend with Rate Cut


Montana State Fund Declares $20 million Dividend with Rate Cut
President and CEO of Montana State Fund, Lawrence Hubbard has details from Helena.
“We re pleased that our board of directors in their March meeting just reduced workers compensation average rates for Montana State fund customers by 10%,” said Hubbard. “This is certainly on the heels of year over year rate decreases since 2007. And as well, the Board of Directors declared an additional $20 million dividend to customers that have demonstrated strong workplace safety practices.”
Hubbard said the Montana State Fund has been working with employers to increase workplace safety, in addition to wise investing, and the effort has paid off for their customers. ....

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Montana State Fund reduces rates, offers dividend

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Farms Were the Deadliest Workplaces in Montana Last Year


Farms Were the Deadliest Workplaces in Montana Last Year
December 30, 2020
An annual report made public by the Montana Department of Labor and Industry has shown that 2019 was slightly more deadly than the previous year in workplaces, with farming the most dangerous industry.
The Census of Fatal Occupational Injuries released last week said the state had 38 work-related fatal injuries last year, a 35.7% increase over the prior year, the Independent Record reported. It also said 16 of the deaths, or 42%, occurred on farms.
“I don’t think it’s surprising at all,” said Austin Grazier, director of agriculture safety for the Montana Farm Bureau, which has 20,000 member families. “The agriculture industry is inherently risky, but it is a good reminder for us to work on safety on farms and ranches and put safety in a preeminent position on all of our operations.” ....

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