NAIFA is celebrating major legislative victories in Alabama, Indiana, Montana, and Minnesota. In the month of May, these four states have passed legislation that will mandate the completion of a semester-long personal finance course to successfully fulfill high school graduation requirements. There are now 23 total states that have similar measures.
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Montana Governor Greg Gianforte has signed legislation that revises state non-discrimination laws to allow insurers to consider insured individuals’ gender and marital status when setting rates for insurance premiums. NAIFA’s Montana chapter worked with state Commissioner of Securities and Insurance Troy Downing to craft and promote the legislation. NAIFA-MT members testified on its behalf at hearings in the state. The commissioner cited research by NAIFA-MT in his press release on the legislation.
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The Montana State Legislature is considering a bill that would end the state’s practice of treating all people, regardless of gender, the same by insurance companies when setting rates and product offerings.