™Your Policy Risk Impact Agent
1,133 chapters · 28,438 sections in this title.
Minn. Stat. § 70A.01 INTERPRETATION GUIDE.
1.0K chars
70A.01 INTERPRETATION GUIDE. § Subdivision 1.Liberal construction. This chapter shall be liberally construed to achieve the purposes stated in subdivision 2, which shall constitute an aid and guide to interpretation but not an independent source of power. § Subd. 2.Purposes. The …
Minn. Stat. § 70A.02 SCOPE OF APPLICATION.
2.1K chars
70A.02 SCOPE OF APPLICATION. § Subdivision 1.Forms of insurance to which applicable. This chapter applies to casualty insurance, to fidelity, surety and guaranty bonds, to fire and allied lines of insurance and to inland marine insurance, on risks or operations in this state. § S…
Minn. Stat. § 70A.03 DEFINITIONS.
2.3K chars
70A.03 DEFINITIONS. For the purposes of this chapter, unless a different meaning is manifest from the context: (1) "Casualty insurance," except as excluded by subdivision 2 of section 70A.02, means any of the kinds of insurance enumerated in section 60A.06, subdivision 1, clauses…
Minn. Stat. § 70A.04 RATE STANDARDS.
2.9K chars
70A.04 RATE STANDARDS. § Subdivision 1.Prohibitions. Rates shall not be excessive, inadequate or unfairly discriminatory, nor shall an insurer use rates to engage in unfair price competition. § Subd. 2.Excessiveness; market test. (a) Rates are presumed not to be excessive if a re…
