Admin. R. Mont. 24.29.628
Notification of Changes in Self-insurer Status Required
Effective May 11, 2024Authorizing statute(s): 39-71-203 MCA; Implementing statute(s): 39-71-403 and 39-71-2101, 39-71-2102, 39-71-2103, 39-71-2104, 39-71-2105, 39-71-2106, 39-71-2107, 39-71-2108 MCAState of Montana
(1) The self-insurer shall notify the department in writing:
(a) 60 days prior to implementing changes that may affect its self-insurance status including but not limited to:
- (i) name, controlling ownership, legal status, change in proposed employer group membership, or permanent employment location;
- (ii) permanent increase or decrease of more than 25% in the number of employees in Montana; or
- (iii) changes in the policies, procedures or administration of its self insurance program; and
(b) within 30 days subsequent to:
- (i) adverse material change in financial status;
- (ii) adverse material change in liabilities;
- (iii) changes in excess coverage;
- (iv) permanent reductions, shutdowns, suspensions, or closures of Montana operations; or
- (v) new or additional location of employment in Montana as a result of a significant change of operations.
Authorizing statute(s): 39-71-203 MCA
Implementing statute(s): 39-71-403 and 39-71-2101, 39-71-2102, 39-71-2103, 39-71-2104, 39-71-2105, 39-71-2106, 39-71-2107, 39-71-2108 MCA
History: NEW, 1996 MAR p. 1151, Eff. 5/1/96; AMD, 2024 MAR p. 1066, Eff. 5/11/24.