Insurance News
A list of news releases related to our activities in the insurance industry.
Results
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20 (64
total results)
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Minnesota Department of Commerce Recognizes Insurance Fraud Awareness Week
February
11, 2013 - SAINT PAUL, MN –To raise awareness, the Minnesota Department of Commerce is highlighting Insurance Fraud Awareness Week, February 11-15, 2013. Insurance fraud costs an average family about $950 a year, and insurance companies and consumers across the United States an estimated $80 billion a year, according to the Coalition Against Insurance Fraud.
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Commerce Commissioner Mike Rothman announces changes in leadership team
February
04, 2013 - SAINT PAUL, MN – Commerce Commissioner Mike Rothman announced a recent change to the Minnesota Department of Commerce leadership team. “I am pleased to announce the promotion of Tim Vande Hey to Deputy Commissioner of the Insurance Division for the Commerce Department,” said Commissioner Mike Rothman. “With his extensive experience in insurance regulation - from mergers and acquisitions, to examinations, liquidations, and rehabilitations – Tim’s leadership at the Commerce Department is an asset to Minnesota consumers and the insurance industry.”
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Businessman wrecks Lamborghini, city park, faces insurance fraud charge
January
25, 2013 - David Norman Juntunen, 40, of Minneapolis was arrested Wednesday following a 10-month investigation by the Minnesota Department of Commerce and the Minneapolis Park Police. Juntunen is the owner of Top Gear Autoworks in Minneapolis, which repairs and stores high-end luxury and sports cars. Pamela Jean Dupont, 41, of Minneapolis was also charged with insurance fraud and unauthorized use of a motor vehicle.
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Nationwide Insurance security breach estimated to affect 98,191 Minnesota households
December
14, 2012 - SAINT PAUL, MN – As the Nationwide data breach reaches approximately 1.1 million affected consumers across the country including 98,191 Minnesotans, the Minnesota Department of Commerce reminds Minnesotans the need to take the necessary steps to protect themselves from becoming victims of identity theft.
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The Minnesota Department of Commerce reminds travelers to explore travel insurance options when planning holiday vacations
December
04, 2012 - SAINT PAUL, MN – 91.1 million Americans plan to travel this holiday season. Those who plan to travel via plane will be presented with the option to buy travel insurance upon the purchase of their airfare. Many consumers do not know whether travel insurance fits their budget or their travel needs. The Minnesota Department of Commerce urges travelers to understand what travel insurance is, what it actually covers, and what conditions to watch out for.
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Commerce Department takes leading role in $41 million nationwide settlement agreement
November
26, 2012 - ST. PAUL, MN – Commissioner Mike Rothman announced that a Regulatory Settlement Agreement has been entered into with National Union Fire Insurance Company (NUFIC), an AIG Company.
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Commerce deploys team of secret shoppers in senior protection operation
November
21, 2012 - SAINT PAUL, MN – With Medicare open enrollment underway, the Minnesota Department of Commerce has taken steps to protect Minnesota seniors from unlawful sales and marketing practices. In partnership with the Center for Medicare and Medicaid Services, undercover Commerce investigators are being deployed across the state to attend Medicare workshops and public events to ensure insurance companies and agents are in compliance with laws and regulations.
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The Minnesota Department of Commerce reminds Thanksgiving cooks – fry that turkey with caution!
November
20, 2012 - SAINT PAUL, MN –The Minnesota Department of Commerce urges family chefs to use caution when frying turkeys this Thanksgiving. Each holiday season, fire related insurance claims skyrocket. As one might expect, grease and oil fires from turkey fryers play a large role in creating this spike.
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Commissioner Rothman keynote speaker at Minnesota Insurance Fraud Summit
October
15, 2012 - SAINT PAUL, MN – The Coalition Against Insurance Fraud estimates that fraud costs insurance carriers and consumers $80 billion a year. That averages out to about $950 per family in the United States. On October 16, Commissioner Mike Rothman will address this problem as the keynote speaker at the Minnesota Insurance Fraud Summit.
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Commerce Commissioner urges Minnesotans to Stop, Evaluate Homeowners Insurance Coverage
October
15, 2012 - It’s important to protect the things you value. Life insurance protects your loved ones, auto insurance protects your car, health insurance protects your good health and homeowners insurance protects your possessions. As with any insurance purchase, it’s important to evaluate coverage and research your options to find the best coverage for your dollar.
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