Liberty Mutual has agreed to repay $7.7 million to more than 86,000 policyholders for auto and homeowners insurance policies for allegedly violating several state insurance regulation laws. In a consent order filed with the Minnesota Department of Commerce, Liberty Mutual …
Grace Arnold has been tapped to lead the insurance division at the Minnesota Commerce Department. Arnold was named deputy insurance commissioner by Minnesota Commerce Commissioner Steve Kelley earlier this month. Arnold will oversee solvency, policy form approval, rate review and …
Two Minnesota chiropractors have been sentenced to prison for their roles in separate multi-million-dollar insurance fraud conspiracies, the Minnesota Commerce Department announced. Adam John Burke, age 34, of Minneapolis, was sentenced to 90 months in prison. Preston Ellard Forthun, age …
A Minnesota construction contractor has been charged with labor trafficking, insurance fraud and theft by swindle for using undocumented workers on his construction crews and threatening to have them deported unless they followed his orders, including working long hours without …
The Minnesota Commerce Department has reached a settlement agreement with a major life insurance company that owed money to Minnesotans for unpaid insurance policies, annuity contracts and retained asset accounts. The settlement with the American International Group (AIG) represents the …
