Latest Minnesota Headlines
All the headlines from our Minnesota Topic Page, ordered by recency.
Minn. Senate Passes Legislation Restricting Use of Credit-Based Scores
Mar 20 2002 // Legislation that would prohibit insurers from canceling or non-renewing policyholders based solely on their credit-based insurance score passed the Minnesota Senate last week. “While Senate File 2363 is an...
Minn. Commerce Commissioner Makes Appointments to Association
Mar 15 2002 // Commerce Commissioner Jim Bernstein announced a pair of appointments to the Minnesota Workers’ Compensation Insurers’ Association board of directors. Each will begin their term on March 15 and serve until March...
Minn. House Passes Auto Glass Reform Bill
Mar 13 2002 // Minnesota, the most expensive state in the nation to get automobile glass repaired, is advancing legislation aimed at controlling costs. The House recently passed HB 2570, which allows insurers to treat auto glass repairs...
Minn. Commerce Commissioner Makes Appointments to Auto, Workers’ Comp Boards
Mar 12 2002 // Commerce Commissioner Jim Bernstein recently announced appointments to both the Governing Committee of the Minnesota Automobile Insurance Plan and the Minnesota Workers’ Compensation Insurers’ Association board...
NAII Says Minn. Dept. of Commerce is Spreading Disinformation
Mar 6 2002 // According to the National Association of Independent Insurers (NAII), the Minnesota Department of Commerce is using the consumer education section of its Web site to spread disinformation regarding insurers’ use of...
Alliance Lauds Gov. Ventura’s Veto of Minn. Second-Injury Fund Bill
Feb 28 2002 // Applauding Minnesota Gov. Jesse Ventura’s veto of HB 351, the Alliance of American Insurers stated that the bill would have taken approximately $250 million from the reserves of the state’s Special Compensation...
Minnesota Consumers Pay too Much for Credit Insurance
Feb 22 2002 // Commerce Commissioner Jim Bernstein has released information that shows Minnesota consumers are paying too much for insurance policies sold as part of a credit transaction. The data also shows that more money was paid in...
Minn. House Committee Approves Scoring Bill
Feb 20 2002 // The Minnesota House Commerce committee has approved legislation that would prohibit insurers from canceling or non-renewing a consumer based only on their credit-based insurance score. The bill (HF 2492) originally banned...
IFM Reports Credit Scoring Ban Bad for Consumers
Feb 8 2002 // Credit scoring saves money for a majority of Minnesotans and is fair, Bob Johnson, executive vice president, of the Insurance Federation of Minnesota (IFM) testified Feb. 5 to a legislative panel considering a ban on...
Companies Face $10M Fine, License Revocation
Feb 7 2002 // Minnesota Commerce Commissioner Jim Bernstein has charged American Bankers Insurance Company (ABIC) and American Bankers Life Assurance Company (ABLAC), both of Florida and both subsidiaries of American Bankers Insurance...
Minn. Workers’ Comp Costs Flatten
Jan 30 2002 // After five years of decline, workers’ compensation costs in Minnesota leveled-off in 2000, according to a report released by the state’s Department of Labor and Industry (DLI). The Workers’ Compensation...
Minn. Trucking Industry Hit Hard by Rising Insurance Increases
Jan 23 2002 // Minnesota’s trucking firms have been hit hard with insurance rate increases according to results of a joint survey conducted by the Minnesota Trucking Association (MTA) and the American Trucking Associations...
WCRA Reducing Reinsurance Rates
Dec 28 2001 // The Workers’ Compensation Reinsurance Association (WCRA) announced it is reducing the reinsurance rates it charges to self-insured Minnesota employers and insurance companies by an average of 12 percent. The rate...
Erie Insurance to Expand into Minnesota
Dec 10 2001 // Just months after Erie Insurance began writing insurance in Wisconsin, the property/casualty insurer announced its intention to expand operations even further into Minnesota by September 2004. This is the 12th state that...
Minnesota Commissioner Takes Action Against Retailers
Nov 20 2001 // Minnesota Commerce Commissioner Jim Bernstein announced enforcement action against two retailers engaged in the sale of credit insurance in Minnesota. The Zale Corporation, Irving, Texas with approximately 20 stores in...
Minnesota Hearing Looks at Fight Against Fraud
Nov 14 2001 // The insurance industry called for widespread personal injury protection (PIP) insurance reform to Minnesota’s no-fault auto insurance laws during a House legislative hearing Nov. 13. The House Commerce Committee is...
Minnesota Commissioner Extends Insurance Agent Licenses
Oct 18 2001 // Minnesota Commerce Commissioner Jim Bernstein announced that due to a strike by state employee unions that slowed license-processing procedures, insurance agent licenses that were set to expire on Oct. 31 will remain in...
Minnesota Dept. of Commerce Investigating Agents
Oct 17 2001 // The Minnesota Department of Commerce has become aware of companies and individuals targeting insurance agents to participate in the sale of non-insurance products with the guarantee of high commissions ranging from 11...
Minnesota-Based Agency Fined for Infractions
Oct 3 2001 // Ohio Department of Insurance Director Lee Covington signed a consent order last week fining Securian Financial Network Inc., a St. Paul, Minn.-based agency licensed in Ohio, $15,000 for engaging in insurance activity in...
Insurance Federation Elects New Officers, Board Members
Sep 28 2001 // Five insurance industry executives have been elected to the board of the Insurance Federation of Minnesota. IFM members also selected a new slate of officers to lead the organization. Bruce H. Lonnes, president and CEO of...
