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HF 2010

as introduced - 89th Legislature (2015 - 2016) Posted on 03/18/2015 10:40am

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

Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4 1.5
1.6 1.7 1.8 1.9 1.10

A bill for an act
relating to commerce; requiring an insurer to respond to an agent's request for
reasons for an increase in premiums for a customer; proposing coding for new
law in Minnesota Statutes, chapter 60A.

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

Section 1.

new text begin [60A.180] EXPLANATION FOR PREMIUM INCREASE.
new text end

new text begin An insurer must respond to an insurance agent's request for reasons for an increase in
insurance premiums for a customer of the insurance agent. The response must be made in
writing within ten days of the request and include a reasonable explanation of the factors
that resulted in the increase in premiums.
new text end