1.1                          A bill for an act 
  1.2             relating to insurance; fire; regulating proof of loss; 
  1.3             regulating certain FAIR plan coverage; amending 
  1.4             Minnesota Statutes 1998, section 65A.01, by adding a 
  1.5             subdivision; Minnesota Statutes 1999 Supplement, 
  1.6             section 65A.37. 
  1.7   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.8      Section 1.  Minnesota Statutes 1998, section 65A.01, is 
  1.9   amended by adding a subdivision to read: 
  1.10     Subd. 7.  [ADDITIONAL TIME TO AMEND OR SUBMIT PROOF OF LOSS 
  1.11  STATEMENT.] (a) The insurer shall allow the insured to amend or 
  1.12  extend submission of the proof of loss statement for good cause 
  1.13  for an additional 60 days. 
  1.14     (b) This subdivision does not apply to claims subject to 
  1.15  section 65A.296. 
  1.16     Sec. 2.  Minnesota Statutes 1999 Supplement, section 
  1.17  65A.37, is amended to read: 
  1.18     65A.37 [POLICY FORMS.] 
  1.19     (a) All policies shall be on standard policy forms at loss 
  1.20  costs published by Insurance Services Office, issued for a term 
  1.21  of one year, and approved by the commissioner.  All homeowners, 
  1.22  cooperative housing insurance, and condominium unit owners 
  1.23  insurance policies must be on forms published by Insurance 
  1.24  Services Office and approved by the commissioner. 
  1.25     (b) Notwithstanding any law to the contrary, rates charged 
  1.26  for any policy shall not exceed the average premium increase of 
  2.1   similar properties issued after April 1, 2000, which covers 
  2.2   property located inside the Boundary Waters Canoe Area or within 
  2.3   50 miles of its border, and shall not exceed the rate charged 
  2.4   for coverage on such property as of April 1, 2000, provided that 
  2.5   the property was insured in the normal insurance market as of 
  2.6   that date.  Notwithstanding section 65A.34, a person owning an 
  2.7   interest in property covered by this paragraph, and experiencing 
  2.8   a rate increase in the normal insurance market, shall be 
  2.9   entitled to submit an application for coverage under the 
  2.10  facility.  This paragraph shall apply regardless of whether the 
  2.11  owner of the property, at the time of application for coverage 
  2.12  through the facility, owned the property when it was insured in 
  2.13  the normal insurance market.  
  2.14     Sec. 3.  [EXPIRATION.] 
  2.15     Section 2 expires April 1, 2005.  
  2.16     Sec. 4.  [EFFECTIVE DATE.] 
  2.17     Section 2 is effective the day following final enactment.