Montana State Legislature

State Auditor's Office


Agency Leadership

Troy Downing, Commissioner of Securities & Insurance, State Auditor
Elected Official

Agency Website

Agency Overview

The State Auditor's Office is the state government regulator of the insurance and securities industries and advocate for the citizens of Montana. The State Auditor:

  • Regulates certain securities activities in Montana, including registration or filing of securities, registration, examination, investigation, and discipline of broker-dealers, investment advisers, or other securities salespersons.
  • Regulates certain insurance products, insurers, and insurance producers in Montana as well as certain aspects of health service corporations and health maintenance organizations.
  • Collects premium taxes on insurance policies.
  • Oversees transfers of insurance premium taxes to certain pension and disability trust funds, and transfer from the general fund for fire department relief associations.
  • Oversees a repository of information, including for public bonds issued for major economic development projects, transition bonds, industrial development bonds, or bonds issued by the Montana Facility Finance Authority.
  • Oversees the Montana Living Trust Act and the Securities Restitution Assistance Fund.

Boards of other entities to which the State Auditor is statutorily assigned

  • Land Board
  • Board of Hail Insurance (administratively attached to the Department of Agriculture)
  • Montana Reinsurance Association
  • Board of State Canvassers

Legislative Audits

Statutorily Required Reports to Economic Affairs

Reports to the Legislature Related to Economic Affairs

  • Interstate Insurance Product Regulation Compact Report; in accordance with 33-39-101 MCA

Meeting Participation

March 2024:

January 2024:

July 2023:



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