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.
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.
15, 2012 - SAINT PAUL, MN – In a coordinated effort with federal law enforcement agencies that executed search warrants at three locations associated with C.C. Brown Law Office in Utah Tuesday, Commissioner Mike Rothman issued a statement of charges against Charles Craig Brown, Chad Gettel, and C.C. Brown Law, LLC for allegedly engaging in unlicensed mortgage modification activities in Minnesota.
12, 2012 - Commissioner Mike Rothman announced that a settlement agreement between the American International Group, Inc. (AIG) and its affiliates with all states and the District of Columbia has become fully effective. Minnesota was one of eight leading states to conduct a Multistate Market Conduct Examination that revealed AIG misrepresented its workers’ compensation insurance premiums to reduce their taxes and assessments, resulting in the $2.1 million settlement for the State of Minnesota.
24, 2012 - The Minnesota Department of Commerce and Alliant Energy are teaming up to warn consumers about a recent scam targeting utility customers throughout the Midwest. Alliant Energy customers in Wisconsin and Iowa have received calls from individuals impersonating Alliant representatives. The callers then claim a customer’s account is delinquent and demand immediate, full payment to avoid immediate disconnection.
27, 2012 - On the final day of Financial Literacy Month, more than 140 stakeholders from state and local government, community organizations, non-profits, financial institutions, and foundations will gather at Neighborhood House in St. Paul for Minnesota’s Second Annual Financial Literacy Roundtable. Hosted by the Minnesota Interagency Work Group on Financial Literacy, Monday’s Roundtable is the culmination of a month-long effort that has included nearly 40 consumer outreach events statewide involving ten state agencies.
26, 2012 - As Financial Literacy Month continues, Minnesota Department of Commerce Commissioner Mike Rothman, the University of Minnesota’s Dr. Ed Ratner, and Janet Golden from the Tubman Senior Rights Alliance are teaming up Friday to teach Twin Cities doctors how to spot fraud and financial abuse in their elderly patients.
23, 2012 - As Financial Literacy Month continues, Commerce Commissioner Mike Rothman will visit Jackson Elementary School in Shakopee on Tuesday, April 24 at 9:30am to emphasize the importance of volunteerism in schools, and sharing financial skills and knowledge with Minnesota youth.
20, 2012 - As Financial Literacy Month continues, Lieutenant Governor Yvonne Prettner Solon, Commerce Commissioner Mike Rothman, and the AARP have invited all Minnesota seniors to join them at the Mall of America on Monday, April 23 at 7:00am for a “Mall Walk Against Fraud.”
19, 2012 - As sirens all over the state sound for severe weather season, Commerce Commissioner Mike Rothman and Minneapolis Mayor R.T. Rybak reminded all Minnesotans to be prepared for bad weather, including the importance of reviewing their insurance needs ahead of the summer storm season.