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Capital IconMinnesota Legislature

Legislative Session number- 84

Bill Name: HF1669

HF 1669

CHAPTER 74
EFFECTIVE DATE: Various

Insurance fees, rate filings,
policy renewals and alterations, and data collection regulated.

Section 1: New
policy renewal procedures modified.
Sec. 2: Fees other than examination fees
regulations modified.
Sec. 3: Expedited form and rate filing provided.
Sec. 4:
Termination rights and obligations modified.
Sec. 5: Agent commission reduction
prohibited in most instances.
Sec. 6: Insurance policy renewal conditions
modified.
Sec. 7: Eligibility determination procedure provided.
Sec. 8:
Existing policy alteration modified.
Sec. 9: Approval requrements
modified.
Sec. 10: Expedited procedure for life or annuity contracts
established.
Sec. 11: Conforming change.
Sec. 12: Application requirements
modified.
Sec. 13: Repealer.
Sec. 14: Effective date.

AME
8-24-05