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Office of the Revisor of Statutes

2020 Minnesota Statutes Index (topics)

REINSURANCE

Administrative supervision, insurance companies, Minn. Statutes 2020 60G.01 to 2020 60G.09

Aircraft risks

Generally, Minn. Statutes 2020 60A.09

Subrogation limitations, Minn. Statutes 2020 60A.41

Approvals, Minn. Statutes 2020 60A.09

Assuming insurers, see Reinsurers under this topic

Assumption of risk, assuming reinsurers, Minn. Statutes 2020 60A.72, 2020 60A.73

Assumption transactions, generally, Minn. Statutes 2020 60A.09

Attorney fees, reinsurers or receivers, rights, Minn. Statutes 2020 60B.365

Audits and examinations

Incorporated insurers groups, duties, Minn. Statutes 2020 60A.092

Joint reinsurers, Minn. Statutes 2020 70A.18

Reinsurance intermediary-managers, Minn. Statutes 2020 60A.745

Reinsurers, Minn. Statutes 2020 60A.031, 2020 60A.1291

Beneficiaries, failure to identify, Minn. Statutes 2020 60A.097

Binding, controlling producers, Minn. Statutes 2020 60J.09

Bulk reinsurance, Minn. Statutes 2020 60A.09

Casualty insurance companies, see Cooperative or assessment plan companies under CASUALTY INSURANCE

Ceding insurers

Authorization by, fiduciary funds, investment, Minn. Statutes 2020 60A.715

Credit allowed, Minn. Statutes 2020 60A.092, 2020 60A.0921

Diversification of program, notice to commissioner, Minn. Statutes 2020 60A.092

Insolvency, Minn. Statutes 2020 60A.092, 2020 60A.096, 2020 60B.365

Life insurance companies, Minn. Statutes 2020 60A.803, 2020 61A.47

Payments to, Minn. Statutes 2020 60A.092, 2020 60A.715, 2020 60B.365

Reinsurance agreements, see same under this topic

Reinsurance recoverables, management, notice to commissioner, Minn. Statutes 2020 60A.092

Reports given, ceded reinsurance agreements, Minn. Statutes 2020 60A.135, 2020 60A.136

Trust accounts, rights and duties, Minn. Statutes 2020 60A.097

Trust agreements, Minn. Statutes 2020 60A.096, 2020 60A.097

Cession

Facultative reinsurance, negotiation, Minn. Statutes 2020 60A.02

Facultative retrocessions, Minn. Statutes 2020 60A.735

Commerce Department, rulemaking authority, Minn. Statutes 2020 60A.094

Comprehensive health insurance plans, generally, Minn. Statutes 2020 62E.04

Contested cases, generally, Minn. Statutes 2020 60A.75

Contracts and agreements

Generally, Minn. Statutes 2020 60A.095

Mandatory funding clause, Minn. Statutes 2020 60A.0921

Minnesota Life and Health Insurance Guaranty Association coverage, Minn. Statutes 2020 61B.19

Unauthorized insurers, certificate of authority, exemption, Minn. Statutes 2020 72A.41

Damages, Minn. Statutes 2020 60A.75

Definitions

Insurance law, Minn. Statutes 2020 60A.02, 2020 60A.091

Insurance taxes, Minn. Statutes 2020 297I.01

Reinsurance Intermediary Act, Minn. Statutes 2020 60A.705

Disclosure

Agreements, Minn. Statutes 2020 60A.09

Ceded reinsurance agreements, Minn. Statutes 2020 60A.135

Evidence, assuming reinsurers, assumption of risk, Minn. Statutes 2020 60A.72, 2020 60A.73

Facultative reinsurance

Binding, controlling producers, contracts, Minn. Statutes 2020 60J.09

Defined, Minn. Statutes 2020 60A.02

Fiduciaries, see Reinsurance intermediary-brokers (RBs) under this topic

Fines, violations, generally, Minn. Statutes 2020 60A.75

Fraternal benefit societies, Minn. Statutes 2020 64B.13

Fraud, see Insurance fraud under FRAUD

Fraudulent transfers, rehabilitation or liquidation, Minn. Statutes 2020 60B.30

Health and accident insurance, see Reinsurance under HEALTH AND ACCIDENT INSURANCE

Health care risk adjustment system, role of reinsurance, Minn. Statutes 2020 62Q.03

Health Coverage Reinsurance Association, Minn. Statutes 2020 62L.13 to 2020 62L.22

Health maintenance organizations, Minn. Statutes 2020 60G.02, 2020 62D.042

Insurers

Ceding insurers, see same under this topic

Joint reinsurers, see same under this topic

Licenses, revocation or suspension, Minn. Statutes 2020 60A.75

Losses, compensatory damages, Minn. Statutes 2020 60A.75

Officers, binding authority, Minn. Statutes 2020 60H.05

Reinsurers, see same under this topic

Joint reinsurers

Appeals, Minn. Statutes 2020 70A.22

Audits and examinations, Minn. Statutes 2020 70A.18

False or misleading information, Minn. Statutes 2020 70A.20

Hearings, Minn. Statutes 2020 70A.22

Officers and employees, examination under oath, Minn. Statutes 2020 70A.18

Unfair or unreasonable practices, order for discontinuance, Minn. Statutes 2020 70A.16

Letters of credit

Acceptance, continuity, Minn. Statutes 2020 60A.093

Requirements, generally, Minn. Statutes 2020 60A.096

Life insurance, Minn. Statutes 2020 60A.803, 2020 61A.47

Limitation of risks, generally, Minn. Statutes 2020 60A.09

Liquidation of insurance companies, fraudulent transactions, Minn. Statutes 2020 60B.30

Long-tail casualty reinsurance, Minn. Statutes 2020 60A.092

Managing general agents, binding authority, Minn. Statutes 2020 60H.04, 2020 60H.05

Minnesota Life and Health Insurance Guaranty Association, Minn. Statutes 2020 61B.23

Mutual cyclone insurance companies, generally, Minn. Statutes 2020 66A.30

Mutual hail insurance companies, generally, Minn. Statutes 2020 66A.30

Mutual reinsurance or guaranty associations, Minn. Statutes 2020 67A.40 to 2020 67A.43

Mutual tornado insurance companies, generally, Minn. Statutes 2020 66A.30

Orders, Minnesota Life and Health Insurance Guaranty Association, notice, Minn. Statutes 2020 61B.27

Policies

Cancellation, exclusion, Minn. Statutes 2020 60A.35

Forms, approval, Minn. Statutes 2020 62L.13

Renewal, exclusion, Minn. Statutes 2020 60A.35, 2020 60A.351

Pooling

Agreements, Investments of Insurers Act, Minn. Statutes 2020 60L.02

Reinsurers, Minn. Statutes 2020 60A.092

Premium security plan, Minn. Statutes 2020 62E.23

Premiums, insurance taxes, exclusion, Minn. Statutes 2020 297I.01

Qualified jurisdictions, Minn. Statutes 2020 60A.0921

Rate regulation, exemption from law, Minn. Statutes 2020 70A.02

Reinsurance agreements

Ceded agreements, reporting, Minn. Statutes 2020 60A.135, 2020 60A.137

Disclosure, Minn. Statutes 2020 60A.09

Health and accident insurance, see Reinsurance under HEALTH AND ACCIDENT INSURANCE

Letters of credit, Minn. Statutes 2020 60A.093, 2020 60A.096

Life insurance, Minn. Statutes 2020 60A.803

Provisions, Minn. Statutes 2020 60A.096, 2020 60A.097

Requirements, Minn. Statutes 2020 60A.092

Township mutual companies, Minn. Statutes 2020 67A.20

Reinsurance companies, see Reinsurers under this topic

Reinsurance exceeding fifty percent of insurance liabilities, approval, Minn. Statutes 2020 60A.09

Reinsurance intermediaries

Licensed producers, Minn. Statutes 2020 60A.705

Licenses, Minn. Statutes 2020 60A.71, 2020 60A.75

Rulemaking, Minn. Statutes 2020 60A.756

Statutory construction, Minn. Statutes 2020 60A.755

Reinsurance Intermediary Act, Minn. Statutes 2020 60A.70 to 2020 60A.756

Reinsurance intermediary-brokers (RBs)

Accounts and accounting, Minn. Statutes 2020 60A.715

Bond, Minn. Statutes 2020 60A.71

Contract, Minn. Statutes 2020 60A.715

Disclosures, Minn. Statutes 2020 60A.715

Fiduciary funds, investment and holding, Minn. Statutes 2020 60A.715

Financial statements, Minn. Statutes 2020 60A.72, 2020 60A.725

Insurers, duties, Minn. Statutes 2020 60A.725

Licenses, Minn. Statutes 2020 60A.71, 2020 60A.72, 2020 60A.725

Record keeping, Minn. Statutes 2020 60A.72

Records, access by insurers, Minn. Statutes 2020 60A.72

Requirements, Minn. Statutes 2020 60A.71

Reinsurance intermediary-managers (RMs)

Audits and examinations, Minn. Statutes 2020 60A.745

Binding authority, Minn. Statutes 2020 60A.74

Bond, Minn. Statutes 2020 60A.71

Contracts, Minn. Statutes 2020 60A.73, 2020 60A.74

Errors and omissions policy, maintaining, Minn. Statutes 2020 60A.71

Financial statements, Minn. Statutes 2020 60A.74

Generally, Minn. Statutes 2020 60A.73

License, Minn. Statutes 2020 60A.71, 2020 60A.74

Loss reserves, opinions, Minn. Statutes 2020 60A.74

Records and record keeping, Minn. Statutes 2020 60A.73, 2020 60A.745

Reinsurers, duties, Minn. Statutes 2020 60A.74

Requirements, Minn. Statutes 2020 60A.71

Sub-reinsurance intermediary-managers, Minn. Statutes 2020 60A.735

Violations, generally, Minn. Statutes 2020 60A.735

Reinsurers

Access, reinsurance intermediary-managers, Minn. Statutes 2020 60A.73, 2020 60A.745

Accreditation, suspension or revocation, effect, notice, hearings, Minn. Statutes 2020 60A.092

Acts of reinsurance intermediary-manager considered acts of reinsurer, Minn. Statutes 2020 60A.73

Assumption of risk, Minn. Statutes 2020 60A.72, 2020 60A.73

Audits and examinations, Minn. Statutes 2020 60A.031, 2020 60A.1291

Board appointments, Minn. Statutes 2020 60A.74

Certification, Minn. Statutes 2020 60A.092, 2020 60A.0921

Contracts, Minn. Statutes 2020 60A.092, 2020 60A.0921, 2020 60A.73, 2020 60A.74

Definitions, Minn. Statutes 2020 60A.02, 2020 60A.705

Financial statements, filing, Minn. Statutes 2020 60A.092, 2020 60A.0921, 2020 60A.097

Generally, Minn. Statutes 2020 60A.092

Hazardous financial condition, Minn. Statutes 2020 60G.20

Insolvency, Minn. Statutes 2020 60A.096

Insurance holding companies, transactions, Minn. Statutes 2020 60D.20

Interim profits, Minn. Statutes 2020 60A.73

Licenses, Minn. Statutes 2020 60A.092, 2020 60A.75

Liquidations, Minn. Statutes 2020 60A.73, 2020 60B.30, 2020 60B.365

Losses, compensatory damages, Minn. Statutes 2020 60A.75

Notice given, reinsurance intermediary-managers, Minn. Statutes 2020 60A.73, 2020 60A.74

Payments by, Minn. Statutes 2020 60A.092, 2020 60B.365

Payments to, Minn. Statutes 2020 60A.715

Ratings, Minn. Statutes 2020 60A.0921

Reduction in liability, Minn. Statutes 2020 60A.093

Reinsurance agreements, see same under this topic

Reinsurance syndicates, participation, binding authority, Minn. Statutes 2020 60A.74

Review by, reinsurance intermediary-managers, Minn. Statutes 2020 60A.73

Security requirements, Minn. Statutes 2020 60A.0921

Service of process on, commissioner as agent, Minn. Statutes 2020 60A.0921

Trust accounts, Minn. Statutes 2020 60A.097

Trust agreements, Minn. Statutes 2020 60A.096, 2020 60A.097

Unauthorized reinsurers, Minn. Statutes 2020 60A.096, 2020 60A.097

Reports about, statement of reinsurance, Minn. Statutes 2020 60A.09

Retrocession, facultative retrocessions, Minn. Statutes 2020 60A.735

Risk retention groups, see under LIABILITY INSURANCE

Specific reinsurance, facultative reinsurance, Minn. Statutes 2020 60A.02, 2020 60J.09

Subrogation, Minn. Statutes 2020 60A.41

Trust accounts, Minn. Statutes 2020 60A.097

Trust agreements, Minn. Statutes 2020 60A.096, 2020 60A.097

Trust funds, nonprofit risk indemnification trust funds, Minn. Statutes 2020 60A.29

Violations and penalties

Bulk reinsurance agreements, Minn. Statutes 2020 60A.09

Generally, Minn. Statutes 2020 60A.75

Risk, Minn. Statutes 2020 60A.09

Workers' compensation insurance, see WORKERS COMPENSATION REINSURANCE ASSOCIATION