2007 Minnesota Statutes

65A.33 DEFINITIONS.
    Subdivision 1. Scope. As used in sections 65A.31 to 65A.42, unless the context otherwise
requires, the terms defined in this section have the following meanings given to them.
    Subd. 2. Insurer. "Insurer" means any insurance company or other organization licensed to
write and engaged in writing property or liability insurance business, including the property or
liability insurance components of multiperil policies, on a direct basis, in this state, except where
such insurer is specifically exempted by statute from participation in this program.
    Subd. 3. Property or liability insurance. "Property or liability insurance" means the
coverage against direct loss to real or tangible personal property at a fixed location that is provided
in the standard fire policy, extended coverage endorsement, homeowners insurance, as defined
in section 65A.27, subdivision 4, cooperative housing insurance, condominium unit owners
insurance, builders risk, and such vandalism and malicious mischief insurance and such other
classes of insurance as may be added to the program with respect to said property by amendment
as hereinafter provided. Property or liability insurance does not include automobile, commercial
liability, or such manufacturing risks as may be excluded by the commissioner.
    Subd. 4. Minnesota FAIR plan. "Minnesota FAIR plan," or "plan," means the organization
formed by insurers to assist applicants in securing property or liability insurance and to administer
the FAIR plan.
    Subd. 5.[Repealed, 2003 c 40 s 21]
    Subd. 5a. Member. "Member" means any insurer as defined in subdivision 2.
    Subd. 6. Premiums written. "Premiums written" means direct written premiums charged
during the second preceding calendar year with respect to property in this state for fire, allied
lines, homeowners, the nonliability component of farm policies, and the nonliability component
of commercial multiperil policies, as reported by the members to the NAIC.
    Subd. 7. Commissioner. "Commissioner" means the commissioner of commerce of the
state of Minnesota.
    Subd. 8.[Repealed, 1993 c 248 s 17]
    Subd. 9. Board. "Board" means the governing board of directors of the Minnesota FAIR plan.
    Subd. 10. NAIC. "NAIC" means the National Association of Insurance Commissioners.
History: 1969 c 483 s 3; 1983 c 289 s 114 subd 1; 1984 c 655 art 1 s 92; 1986 c 455 s 43;
1989 c 260 s 12; 1993 c 248 s 4-6; 1994 c 465 art 2 s 1; 1999 c 120 s 2,3; 2003 c 40 s 6-10