Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Commerce bill on data calls, long-term care products and auto "insurer of last resort" moves to judiciary
Summary
Representative Lee Finke presented House File 2389, the Department of Commerce insurance policy bill, which clarifies how the department handles targeted data calls, authorizes limited long-term-care products, and allows the state auto plan to issue policies directly.
Representative Lee Finke presented House File 2389 on March 19, carrying the Minnesota Department of Commerce’s insurance policy bill. The bill contains three principal components: clarified treatment of department "data calls," adoption of NAIC model provisions to allow limited long-term-care insurance products, and a change enabling the state's auto insurer of last resort to issue policies on its own paper rather than through a fronting carrier.
Peter Brickwitty, senior director at the Department of Commerce, testified that sections 1–3 clarify how information collected from carriers for targeted projects is…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
