07, 2013 - SAINT PAUL, MN — As winter conditions turn to spring melting, the Minnesota Department of Commerce is reminding Minnesota homeowners to determine if they may need flood insurance coverage. Flood damage is not covered under a standard homeowner's policy.
26, 2013 - Formal charges have been filed in Ramsey County District Court on allegations that Saint Paul and Spooner, WI resident Linda A. Brost committed a litany of offenses, including insurance fraud, theft by swindle, aggravated forgery, and identity theft. This morning, the Department of Commerce Insurance Fraud Division, assisted by the St. Paul Police Department, Ramsey County Sheriff’s Office and Washburn County (WI) Sheriff’s Office, executed search warrants at Brost’s St. Paul and Spooner, Wisconsin residences.
19, 2013 - SAINT PAUL, MN – The Minnesota Department of Commerce announced today that Minnesota consumers may qualify for a refund if they purchased travel insurance from Virginia Surety Company (VSC), or one of its contracted agencies, between January 1, 2007 and October 31, 2012. The announcement came after the Minnesota Department of Commerce and the Missouri Department of Insurance issued a joint consent order alleging that VSC routinely required consumers to affirmatively “opt-out” of purchasing premium travel insurance packages, violating numerous state laws and regulations.
12, 2013 - SAINT PAUL, MN – Spring Break is fast approaching and countless Minnesotans are searching for a fun and, more importantly, warm destination. These days, all it takes to book your dream Spring Break vacation is a travel website and a few clicks of the mouse. As you shop online, the Minnesota Department of Commerce reminds consumers to watch out for travel companies and websites that don’t fully advertise their travel insurance packages and sometimes sign consumers up for coverage without proper consent.
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.
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.”
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.
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.
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.