Office of the Revisor of Statutes
SF 2230
Introduction - 94th Legislature (2025 - 2026)
Posted on 03/07/2025 10:01 a.m.
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A bill for an act
relating to commerce; regulating homeowner's insurance advertisements; proposing
coding for new law in Minnesota Statutes, chapter 72A.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1.
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[72A.329] HOMEOWNER'S INSURANCE ADVERTISING.
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An insurance company licensed to do business in Minnesota that offers homeowner's
insurance coverage, as defined by section 65A.27, must include the following information
in print, televised, electronic, and radio advertisements:
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(1) the total amount the insurance company spent on advertising and marketing during
the previous calendar year; and
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(2) if the insurance company is publicly traded, the increase or decrease in the insurance
company's stock prices for the previous calendar year.
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