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Insurance News

You will find news releases on insurance topics such as insurance fraud. News releases date five years back. After five years, releases will automatically drop off of this page.

Results 61 - 70  (96 total results)

  • Agreement Reached with Allianz Life Insurance Company
    September 06, 2012 - The Minnesota Department of Commerce announced a multi-state settlement agreement between Allianz Life Insurance Company of North America and 43 states. Iowa acted as the managing lead state in the agreement and was assisted by Minnesota, Missouri, and Florida.
  • Health Insurance Exchange Task Force to Visit New Ulm Wednesday
    August 29, 2012 - A Task Force advising the Minnesota Department of Commerce in the design and development of a new health insurance marketplace for Minnesota consumers will meet in New Ulm on Wednesday, August 29 from 1:00-3:00 pm. The 15-member task force, chaired by Commerce Commissioner Mike Rothman, is comprised of consumers, employers, health care providers, insurers, state legislators, and other health care experts.
  • Minnesota Department of Commerce returns to Farmfest
    August 07, 2012 - The Minnesota Department of Commerce returns to Farmfest this year, with more information relevant to rural Minnesota economies than ever before. The Commerce Department booth is located in the Agriculture Building, where Commerce staff will be on hand to answer questions about a variety of topics affecting the lives of farm families and businesses.
  • Commerce Department returns $19 million to Minnesota consumers in 2012
    August 07, 2012 - Sometimes money goes missing due to a change of address or a death in the family. That’s when the Minnesota Department of Commerce steps in to help Minnesotans find and claim what is rightfully theirs. This year alone the Commerce Department reunited 7,200 Minnesotans with $19 million in missing bank accounts, life insurance policies, safe deposit boxes, unclaimed paychecks, and other real property and financial assets – a 13 percent improvement over 2011.
  • Sen. Franken, Commissioner Rothman Say Federal Health Provision To Send $1.1 Billion in Insurance Rebates to Millions of Americans
    August 06, 2012 - U.S. Sen. Al Franken and Minnesota Commerce Commissioner Mike Rothman said today that a provision in the nation’s health care law, which this year sent $1.1 billion in health insurance rebates to almost 13 million Americans – including 123,000 Minnesotans – had its origin Minnesota.
  • Sen. Franken, MN Commerce Commissioner Rothman to Outline Impact of Provision Resulting in Health Insurance Rebates for 123,000 Minnesotans This Year
    August 03, 2012 - U.S. Sen. Al Franken and Minnesota Commerce Commissioner Mike Rothman will discuss the impact on Minnesota of a provision that Sen. Franken added to the nation's health reform law that has resulted in health insurance rebates for almost 13 million Americans – including 123,000 Minnesotans this year. Franken based his measure on a Minnesota law.
  • Jewelry Heist Ends in Insurance Fraud, According to Commerce Department
    July 26, 2012 - Formal charges have been filed in Kandiyohi County District Court on allegations that Spicer resident Todd Patrick Paffrath committed felony insurance fraud when a ring was stolen from his Willmar jewelry store last December. According to a formal investigation conducted by the Minnesota Department of Commerce’s Insurance Fraud Unit, Paffrath allegedly submitted an insurance claim after the diamond ring was stolen under a false appraisal for $10,000 more than the ring’s actual value.
  • Minnesota Department of Commerce Cautions Consumers on Mini-Med Plans
    July 23, 2012 - The Minnesota Department of Commerce is reminding consumers to fully educate themselves before purchasing Limited Medical Benefit Insurance, or Mini-Med Plans. Often these limited benefit plans are bare bones policies that cover specific expenses and have many more limitations than a comprehensive medical plan. Mini-Med plans may seem like a bargain, but may not always be the best or only option.
  • Minnesota Takes Next Step in Health Insurance Exchange
    July 16, 2012 - Today, Commerce Commissioner Mike Rothman, Human Services Commissioner Lucinda Jesson and Health Commissioner Ed Ehlinger announced that Minnesota has entered into a $41 million dollar contract with MAXIMUS, Inc. (MMS) to design and develop the technical capabilities, including a consumer friendly website, for Minnesota’s health insurance exchange and Medicaid modernization.
  • Following severe weather events, Commerce Department offers help for storm victims
    June 26, 2012 - Several weeks of severe weather across Minnesota has caused golf ball sized hail in Detroit Lakes, downed trees and power lines in Apple Valley and Hastings, and severe flooding in Duluth, Moose Lake, and Cannon Falls. As Minnesotans begin to assess damage to their homes and businesses, waterlogged basements, and broken windshields, the Minnesota Department of Commerce is on hand to help consumers understand their rights, resolve insurance claims, and provide energy and weatherization assistance to low-income Minnesotans.
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