Latest Minnesota Headlines
All the headlines from our Minnesota Topic Page, ordered by recency.
Several Midwestern States Revisit Insurance Scoring
Mar 6 2003 // The issue of credit-based insurance scoring is being revisited in many Midwestern states that considered legislation or regulations on the subject in previous years, according to the National Association of Independent...
MN Governor Appoints Glenn Wilson to Head Commerce Dept.
Dec 30 2002 // Minnesota’s newly elected Republican Governor Tim Pawlenty has named Glenn Wilson, currently VP for U.S. Bank Home Mortgage, as the new head of the State’s Commerce Department, which exercises regulatory...
AIA Calls on MN Commerce Dept. to Rescind Credit Scoring Regs.
Dec 12 2002 // The Alliance of American Insurers called on the Minnesota Department of Commerce to rescind regulations contained in a series of recently issued documents setting forth procedures and filing instructions for companies...
State Farm Agrees to Pay $775,000 + Costs in Settlement with MN Dept. of Commerce
Dec 5 2002 // State Farm and the Minnesota Department of Commerce – Insurance Division-have ended an 18-month investigation into the company’s auto and homeowners insurance rates by reaching an agreement that the insurer...
No. Dakota Approves Plan for Workers Comp in Minnesota
Oct 14 2002 // The North Dakota Workers Compensation (NDWC) announced that the Budget Section of the Legislature has given its approval to a proposal to allow the employers of North Dakota the flexibility to obtain workers’...
Minnesota Jury Awards Record $35.3 in Damages
Oct 9 2002 // Minnesota juries have a reputation for very conservative damage awards; therefore, it came as somewhat of a surprise when a Hennepin County jury awarded $35.3 million in damages to Gary Forde in a suit against...
Minnesota Homeowners Average 14% Rise, Workers Comp Re 5.8%
Oct 3 2002 // Minnesota consumers are experiencing a sharp rise in premiums in all classes of insurance, with homeowners’ policy rates up an average of 14 percent according to the State’s Commerce Department, which regulates...
Minn. Commissioner Charges UAIC with Alleged Violations to seniors
Aug 8 2002 // Minnesota Commerce Commissioner Jim Bernstein has charged United American Insurance Company (UAIC) of Delaware with numerous alleged violations of insurance law pertaining to the sale and marketing of Medicare Supplement...
Groups Challenge Minn. Regulator Over Rulemaking Process
Jul 10 2002 // A petition has been filed with the Office of Administrative Hearings to stop the Minnesota Department of Commerce from seeking to enforce an unadopted rule in violation of state law, according to several insurance...
AIA Wants Minn. DFL Party to Pull Radio Ads
Jul 2 2002 // The Minnesota Democrat-Farmer-Labor Party should take its own advice and pull radio ads that include misleading insinuations about the American Insurance Association (AIA), the trade group said. In an ad airing on...
Minn. Commissioner Levies Charges Against State Farm
Jul 1 2002 // Minnesota Commerce Commissioner Jim Bernstein is charging State Farm Fire and Casualty Company and State Farm Mutual Automobile Insurance Company with more than 13,000 violations of Minnesota insurance law. Based on a...
Insurance Auto Auctions Opens Greenfield Facility in Duluth, Minn.
Jun 5 2002 // Insurance Auto Auctions Inc. a Schaumburg, Ill.-based provider of automotive salvage and claims processing services, announced the opening of a greenfield facility in Duluth, Minn. Strategically located in the northern...
S.D. Bank Fined $300,000 for Alleged Fraudulent Credit Sales
May 30 2002 // Minnesota Commerce Commissioner Jim Bernstein announced that Hurley State Bank of Sioux Falls, South Dakota has paid a civil penalty and investigative costs totaling $300,000 as a result of the Department’s...
Minn. Counties Insurance Trust Extends Meadowbrook Contract
May 15 2002 // Meadowbrook Insurance Group Inc., a specialty risk management company headquartered in Southfield, Mich., has been awarded a five-year extension to its service contract with the Minnesota Counties Insurance Trust...
Minn. Lawmakers Approve “Sole Basis” Restrictions on Use of Credit Scores
May 1 2002 // Insurers will not be able to use a consumer’s credit history as the sole basis for underwriting decisions under a bill approved recently by the Minnesota State Legislature, according to the American Insurance...
Legislature Creates New Fraud Unit in Minn.
Apr 11 2002 // Minnesota has taken a tougher stance against insurance fraud by establishing a fraud unit in the Department of Commerce and strengthening its laws by making it a crime to use runners and cappers to recruit...
Minn. Legislature Overrides Veto on Glass Reform
Apr 2 2002 // The Minnesota legislature has voted overwhelmingly to override Governor Jesse Ventura’s veto of legislation that bans glass dealers from offering rebates and give-away incentives. The bill (HB 2570) repeals the...
Minn. Gov. Signs Bill Banning Managed Care Services in No Fault Auto Claims
Mar 29 2002 // Minnesotans may need to brace themselves for a sharp rise in auto insurance premiums as a result of legislation recently signed by Gov. Jesse Ventura that severely restricts insurers ability to contain medical costs...
Minn. Drafts New Requirements for Mold Exclusions
Mar 27 2002 // The Minnesota Department of Commerce issued a bulletin describing new filing criteria for rate, rule and form filings by insurers that exclude loss or damage caused by mold. The department defined mold for purposes of the...
Minn. Senate Passes Glass Repair, Fraud Unit Bills
Mar 21 2002 // Incentives such as “free” steaks, that drive up insurance costs for auto glass repairs may soon be history in Minnesota if the legislature can reconcile the differences in the House and Senate versions of House...
