HELENA — The Montana State Fund (MSF), the state's largest provider of workers' compensation insurance, announced it submitted plans to lower premium rates.
The announcement, which came in a news release on March 7, said it planned to reduce premiums by 5% for 2025.
MSF says the reduction would bring rates to their lowest level ever and represents a decrease of 19% over the last three years.
The proposal will now go before the Montana Commissioner of Securities and Insurance for approval.
If approved, the new rates would take effect July 1.
