Montana Commissioner of Securities and Insurance, State Auditor

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Montana Commissioner of Securities and Insurance, State Auditor

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General information
Office Type:  Partisan
Office website:  Official Link
Compensation:  $100,545
2025 FY Budget:  $54,941,213
Term limits:  Two terms in a 16-year period
Structure
Length of term:   4 years
Authority:  Montana Constitution, Article VI, Section 1 the Executive Department
Selection Method:  Elected
Current Officeholder
Elections
Next election:  November 5, 2024
Last election:  November 3, 2020
Other Montana Executive Offices
GovernorLieutenant GovernorSecretary of StateAttorney GeneralTreasurerAuditorSuperintendent of Public InstructionAgriculture DirectorInsurance CommissionerNatural Resources DirectorLabor CommissionerPublic Service Commission


The Commissioner of Securities and Insurance, Montana State Auditor is an elected state executive position in the Montana state government.[1]

A 2006 ballot measure sought to rename the office of state auditor to insurance commissioner. The measure's legislative sponsors argued that renaming the office would prevent confusion, saying the Montana State Auditor does not audit in the traditional sense. The auditor's primary responsibility is to regulate the state's insurance industry. The measure was defeated by a margin of 64.1 percent to 35.9 percent.

Current officeholder

The current officeholder is Troy Downing (R). He won the general election on November 3, 2020, and was sworn into office on January 4, 2021.[2]

Authority

The state Constitution addresses the office of auditor in Article VI, the Executive Department.

Under Article VI, Section I:

The executive branch includes a governor, lieutenant governor, secretary of state, attorney general, superintendent of public instruction, and auditor.

Qualifications

A candidate for auditor must be:

  • at least 25 years of age or older at the time of election
  • a citizen of the United States
  • have resided within the state at least two years at his election[3]

Elections

Montana state government organizational chart

Article VI of the Montana State Constitution stipulates that the auditor is a publicly elected official who serves a term of four years. Terms begin the first Monday of January following election.

2024

See also: Montana Commissioner of Securities and Insurance, Auditor election, 2024

General election candidates

Democratic Party Democratic primary candidates


Did not make the ballot:

Republican Party Republican primary candidates


Did not make the ballot:


Candidate Connection = candidate completed Ballotpedia's Candidate Connection survey

2020

See also: Montana Commissioner of Securities and Insurance, Auditor election, 2020

General election candidates


Candidate Connection = candidate completed Ballotpedia's Candidate Connection survey
Democratic Party Democratic primary candidates


Candidate Connection = candidate completed Ballotpedia's Candidate Connection survey
Republican Party Republican primary candidates


Candidate Connection = candidate completed Ballotpedia's Candidate Connection survey
Minor Party primary candidates

    Libertarian Party

    This primary was canceled and this candidate advanced:

    2016

    See also: Montana Commissioner of Securities and Insurance, Auditor election, 2016

    The general election for commissioner of securities and insurance, auditor was held on November 8, 2016.


    2012

    See also: Montana down ballot state executive elections, 2012

    Incumbent Monica Lindeen (D) successfully won re-election, defeating Derek Skees (R) in the November 6, 2012 general election.

    Montana Commissioner of Securities and Insurance, State Auditor General Election, 2012
    Party Candidate Vote % Votes
         Democratic Green check mark transparent.pngMonica Lindeen Incumbent 53.5% 248,447
         Republican Derek Skees 46.5% 215,743
    Total Votes 464,190
    Election results via Montana Secretary of State


    Term limits

    The state auditor cannot, according to Montana Constitution Article IV, Section 8, serve in office eight or more years in any 16-year period.

    Vacancies

    Details of vacancies are addressed under Article VI, Section 6.

    If the auditor's office is vacant due to death, resignation, or disability, the governor shall appoint a new auditor.[4]

    Duties

    The state Constitution addresses the duties of the auditor in Article VI, Section 4.

    Under Article VI, Section 4(5):

    The superintendent of public instruction and the auditor shall have such duties as are provided by law.

    The commissioner's website provides an overview of the duties of the office:[5]

    The Office of the Commissioner of Securities and Insurance, Montana State Auditor, is a criminal justice agency whose primary mission is to protect Montana's consumers through insurance and securities regulation. We work hard everyday to educate and assist the public about the wide range of issues in insurance and securities. We are committed to ensuring fairness, transparency and access in the securities and insurance industries.

    Divisions

    As of January 26, 2021, the Montana Office of the Auditor is organized into the following divisions:

    • Insurance
    • Securities
    • Legal
    • Centralized Services[6]

    State budget

    See also: Montana state budget and finances

    The Office of the State Auditor's budget for Fiscal Year 2025 was $54,941,213.[7]

    Compensation

    The state Constitution addresses compensation of executive officials in Article VI, Section 5.

    Under Article VI, Section 5(1):

    Officers of the executive branch shall receive salaries provided by law.

    2022

    In 2022, the officer's salary was $100,545, according to the Council of State Governments.[8]

    2021

    In 2021, the auditor received a salary of $97,412, according to the Council of State Governments.[9]

    2020

    In 2020, the auditor received a salary of $92,236, according to the Council of State Governments.[10]

    2019

    In 2019, the auditor received a salary of $92,236, according to the Council of State Governments.[11]

    2018

    In 2018, the auditor received a salary of $92,236, according to the Council of State Governments.[12]

    2017

    In 2017, the auditor received a salary of $92,236, according to the Council of State Governments.[13]

    2016

    In 2016, the auditor’s salary was increased to $92,236, according to the Council of State Governments.[14]

    2015

    In 2015, the auditor received a salary $88,099, according to the Council of State Governments.[15]

    2014

    In 2014, the state auditor was paid an estimated $88,099, according to the Council of State Governments.[16]

    2013

    In 2013, the state auditor was paid an estimated $86,018, according to the Council of State Governments.[17]

    2010

    In 2010, the state auditor was paid an estimated $82,420, according to the Council of State Governments.[18]

    Historical officeholders

    Note: Ballotpedia's state executive officials project researches state official websites for chronological lists of historical officeholders; information for the Montana Commissioner of Securities and Insurance, State Auditor has not yet been added because the information was unavailable on the relevant state official websites, or we are currently in the process of formatting the list for this office. If you have any additional information about this office for inclusion on this section and/or page, please email us.

    Recent news

    The link below is to the most recent stories in a Google news search for the terms Montana State Auditor. These results are automatically generated from Google. Ballotpedia does not curate or endorse these articles.

    Contact information

    Department Address
    840 Helena Avenue
    Helena, MT 59601

    Phone: 406-444-2040
    TTYD: 406-444-3246
    Fax: 406-444-3497

    See also

    Montana State Executive Elections News and Analysis
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    Montana State Executive Offices
    Montana State Legislature
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    Montana elections: 202420232022202120202019201820172016
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    Partisan composition of governors

    External links

    Footnotes

    1. Montana Commissioner of Securities and Insurance, "About," accessed January 26, 2021
    2. Montana Commissioner of Securities and Insurance, "About," accessed January 26, 2021
    3. Montana Legislature, "Article VI", accessed January 26, 2021
    4. Montana Legislature, "Article VI," accessed January 26, 2021
    5. Montana Commissioner of Securities and Insurance, "Homepage," accessed December 3, 2011
    6. Montana Commissioner of Securities and Insurance, "About," accessed January 26, 2021
    7. Montana Legislature, "HB002," accessed December 6, 2023
    8. Council of State Governments, "Book of the States 2022 Table 4.11: Selected State Administrative Officials: Annual Salaries," provided to Ballotpedia by CSG personnel
    9. Issuu, "The Book of the States 2021," accessed September 22, 2022
    10. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2020," accessed January 26, 2021
    11. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2019," accessed January 26, 2021
    12. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2018," accessed January 26, 2021
    13. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2017," accessed January 26, 2021
    14. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2016," accessed August 27, 2016
    15. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2015," accessed August 27, 2016
    16. Council of State Governments, "Selected State Administrative Officials: Annual Salaries," accessed December 3, 2014
    17. Council of State Governments, "Table 4.11 Selected State Administrative Officials: Annual Salaries," accessed January 30, 2014
    18. The Council of State Governments, "The Book of States 2010 Table 4.11," accessed June 22, 2011