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HF 84

1st Engrossment - 91st Legislature, 2020 1st Special Session (2019 - 2020) Posted on 06/17/2020 12:20pm

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - 1st Engrossment

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A bill for an act
relating to insurance; directing the commissioner of commerce to assist with certain
property, casualty, or liability insurance claims.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text beginINSURANCE CLAIMS.
new text end

new text begin Subdivision 1. new text end

new text begin Commissioner; responsibilities. new text end

new text begin The commissioner of commerce must
provide assistance to the public in order to ensure the timely resolution of property, casualty,
and liability claims for businesses affected by riot and civil commotion during the peacetime
emergency declared by Executive Order 20-64. The commissioner must provide assistance
via telephone and publicly release information regarding the claims submission process.
The commissioner must accept, review, and work to resolve complaints regarding the
handling of claims related to businesses affected by civil unrest during the peacetime
emergency declared by Executive Order 20-64. The commissioner must review the
information submitted under subdivision 2 for compliance with relevant statutes and
regulations.
new text end

new text begin Subd. 2. new text end

new text begin Insurers; responsibilities. new text end

new text begin (a) An insurer that writes property, casualty, or
liability insurance in Minnesota must submit the following information to the commissioner
of commerce:
new text end

new text begin (1) the number of claims related to businesses affected by riot and civil commotion
during the peacetime emergency declared by Executive Order 20-64 that it has rejected or
has not fulfilled;
new text end

new text begin (2) the number of policies that were not renewed for businesses: (i) affected by riot and
civil commotion during the peacetime emergency declared by Executive Order 20-64; or
(ii) unaffected but located in the geographic area where the riot and civil commotion occurred;
new text end

new text begin (3) any increase in rates for businesses: (i) affected by riot and civil commotion during
the peacetime emergency declared by Executive Order 20-64; or (ii) unaffected but located
in the geographic area where the riot and civil commotion occurred; and
new text end

new text begin (4) any other information requested by the commissioner which is relevant to the
evaluation of an insurer's compliance with relevant statutes and regulations.
new text end

new text begin (b) The information required to be submitted under this subdivision must be:
new text end

new text begin (1) in form and substance acceptable to the commissioner;
new text end

new text begin (2) provided upon request of the commissioner; and
new text end

new text begin (3) provided to the commissioner by January 1, 2021, and June 1, 2021.
new text end

new text begin (c) Only insurers who have received claims, not renewed policies, or increased rates, as
described in paragraph (a), must submit information to the commissioner.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end