13, 2015 - SAINT PAUL, MN — The Minnesota Department of Commerce recently ordered Bankers Life and Casualty Company to pay a civil penalty of $20,000 to the state and $2,500 in restitution to a policy holder for failing to pay timely claims, pay interest required by Minnesota law, and failing to properly determine policy eligibility periods.
02, 2015 - SAINT PAUL, MN – Today, Commerce Commissioner Mike Rothman and Agriculture Commissioner Dave Frederickson are reminding Minnesota farmers to consider purchasing crop insurance ahead of this year’s growing season.
15, 2015 - SAINT PAUL, MN – The beginning of the New Year is a good time to consider whether your homeowner’s or renter’s insurance policies meet your needs. The Minnesota Department of Commerce urges you to take a look at your current insurance coverage to make sure you have the right fit.
11, 2014 - SAINT PAUL, MN – Today, Commerce Commissioner Mike Rothman signed Resolution and Regulatory Settlement Agreements with Voya (ING) and Lincoln, the fourth and fifth life insurance companies that had been subject to sweeping market conduct examinations to find unpaid policies for Minnesota consumers.
10, 2014 - SAINT PAUL – Do you know if your auto insurance covers you if you hit a deer? Last year there were over 2,000 deer-vehicle crashes across Minnesota. The Minnesota Department of Commerce reminds consumers to check their auto insurance policies to make sure they have coverage for deer hits.
15, 2014 - SAINT PAUL, MN –The Minnesota Department of Commerce urges seniors to use Medicare Open Enrollment as an opportunity to evaluate their coverage options. The Department reminds seniors that insurance policies can change, making it important to review any notices regarding changes from their insurance companies. Seniors should use open enrollment as an opportunity to reexamine their coverage and find a policy that fits their budget and health needs.
01, 2014 - SAINT PAUL, MN – Today, Minnesota Commerce Commissioner Mike Rothman released the health insurance rates for the individual policies sold through MNsure, which again lead the nation in the lowest average health insurance rates in the country.
09, 2014 - SAINT PAUL, MN – With college students back at campus, insurance might be the furthest thing from most parents’ minds. Parents of college students should be aware that auto and homeowners insurance plans may not fully cover a stolen or damaged item while on campus away from home.
25, 2014 - SAINT PAUL, MN – The Minnesota Department of Commerce recently ordered Variable Marketing LLC, which does business under the name Instant Insurance Marketing to pay a $191,185 civil penalty for making numerous fraudulent and unlicensed solicitations to Minnesota consumers.
19, 2014 - For more than a week, Minnesota has experienced significant precipitation throughout the state, causing flooding and damage. The severe weather is expected to continue through June 20th and could include damaging hail and wind. The Department of Commerce reminds consumers to review their auto and homeowners policy, contact their insurance agent and document property damage.