The Montana Supreme Court has upheld an $80,000 fine against a former Bankers Life and Casualty Co. agent in Troy who defrauded two elderly women.
The court affirmed the penalties imposed on Martin O. Bower in a news release recently issued by Commissioner of Securities and Insurance Monica Lindeen.
The Commissioner’s Office fined Bower $80,000 for violating the Montana Securities Act and banned him from becoming licensed to sell insurance for five years.
The agency also prohibited Bower from seeking any securities registration or a license.
Copyright 2026 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Was this article valuable?
Here are more articles you may enjoy.
Billionaire NFL Owner Suing Over Billboards Near His SoFi Stadium 
Tesla, EEOC Plan Talks to Settle Factory Racism Suit 
NYC Sues Delivery App Over Lost Pay in New Mamdani Crackdown 
First Brands Judge Approves Examiner to Probe Fraud Allegations 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.