1,133 chapters · 28,438 sections in this title.
Minn. Stat. § 62S.25 REPORTING REQUIREMENTS.
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62S.25 REPORTING REQUIREMENTS. § Subdivision 1.Insurer records. Each insurer shall maintain records for each agent of that agent's amount of replacement sales as a percent of the agent's total annual sales and the amount of lapses of long-term care insurance policies sold by the …
Minn. Stat. § 62S.251 RESERVE STANDARDS.
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62S.251 RESERVE STANDARDS. § Subdivision 1.Benefits provided through acceleration of benefits under life policies. When long-term care benefits are provided through the acceleration of benefits under group or individual life policies or riders to these policies, policy reserves f…
Minn. Stat. § 62S.26 LOSS RATIO.
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62S.26 LOSS RATIO. § Subdivision 1.Minimum loss ratio. The minimum loss ratio must be at least 60 percent, calculated in a manner which provides for adequate reserving of the long-term care insurance risk. In evaluating the expected loss ratio, the commissioner shall give conside…
Minn. Stat. § 62S.265 PREMIUM RATE SCHEDULE INCREASES.
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62S.265 PREMIUM RATE SCHEDULE INCREASES. § Subdivision 1.Applicability. (a) Except as provided in paragraph (b), this section applies to any long-term care policy or certificate issued in this state on or after January 1, 2002, under this chapter or sections 62A.46 to 62A.56. (b)…