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.
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.
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.
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.
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.
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.
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.
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.
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.
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.