09, 2013 - SAINT PAUL, MN – The Minnesota Department of Commerce announced today that all health plan companies that will offer policies through Minnesota’s online health insurance marketplace, MNsure, will publicly release policy rates and information on September 6, 2013 – one month earlier than planned. The early release was agreed to by all health plan companies after the Commerce and Health Departments sent a joint letter requesting greater transparency for consumers.
07, 2013 - SAINT PAUL, MN – Many areas of Minnesota were hit last night with hail leaving damaged homes and vehicles. The Department of Commerce reminds consumers to review their auto and homeowners policy, contact their insurance agent and document property damage.
01, 2013 - SAINT PAUL, MN – Two recent investigations conducted by the Department of Commerce Fraud Bureau uncovered insurance “policy mill” schemes that resulted in felony insurance fraud and forgery charges against individuals who masqueraded as insurance agents bilking their customers out of cash and insurance coverage.
11, 2013 - Attorney General Lori Swanson and Commerce Commissioner Mike Rothman today filed a lawsuit against CashCall, Inc., a California outfit with a history of legal troubles, for charging Minnesota borrowers annual percentage rates ("APRs") of up to 342 percent and origination fees of up to $500 after falsely telling them that the loans are governed by tribal law.
30, 2013 - SAINT PAUL, MN – Earlier today, 61-year-old Stephen A. Marrone of Saint Paul pleaded guilty to three counts of Theft by Swindle (counts 3, 4, and 6) in connection with multiple incidents of annuities fraud. Marrone and his co-defendant Robert S. Hertz were charged by the Ramsey County Attorney’s on August 31, 2012, after an extensive investigation, conducted by the Department of Commerce Insurance Fraud Division, uncovered an annuity conversion scheme that replaced over $4.2 million of annuities.
07, 2013 - St. Paul, Minnesota - The Minnesota Public Utilities Commission and the Minnesota Department of Commerce want to make sure that telephone customers are aware that they must act to continue to receive the benefits of certain telephone discount programs they may have been receiving.
27, 2013 - SAINT PAUL, MN – The Minnesota Department of Commerce’s name is currently being misappropriated in a phishing scheme related to the Unclaimed Property Program. The emails reported to the Commerce Department use the subject line “Heritage”, and are written in Slovenian urging relatives of “Andrew Novak” or other unknown relatives to claim their inheritance.