Title Minnesota Statutes, Minnesota Statutes

71A.07 EFFECT OF CHAPTER; EXCLUSIVENESS. Except as herein provided, no law of this state shall apply to the exchange of these indemnity contracts unless such law specifically refers to reciprocals or interinsurance exchanges. History: 1967 c 395 art 11 s 7

71A.08 VIOLATIONS AND PENALTIES. § Subdivision 1.Attorney-in-fact. Any attorney who shall, except for the purpose of applying for a certificate of authority as provided in this chapter, exchange any contracts of indemnity of the kind and character specified in this chapter, or di…

72A.01 SCOPE. This chapter includes certain prohibitions and penalties. Other prohibitions and penalties may be found in other articles of Laws 1967, chapter 395, and other state laws. History: 1967 c 395 art 12 s 1

72A.02 VIOLATIONS AS TO POLICIES OF INSURANCE. Every company, and every officer and agent of any company, making, issuing, delivering, or tendering any policy of insurance of any kind, or directing any of the same to be done, in willful violation of any of the provisions of law, …

72A.03 AGENT OF INSURER; PROCURING PREMIUMS BY FRAUD. Every insurance agent who acts for another in negotiating a contract of insurance by an insurance company shall be held to be the company's agent for the purpose of collecting or securing the premiums therefor, whatever condit…

72A.04 FALSE STATEMENTS IN APPLICATION. Every solicitor, agent, examining physician, or other person who knowingly or willfully makes a false or fraudulent statement in, or relative to, any application for insurance or membership for any purpose shall be guilty of a gross misdeme…

72A.05 FAILURE TO MAKE REPORT OR COMPLY WITH LAW. Every officer and agent of any insurance company required to make any report or perform any act who shall neglect or refuse to comply with such requirement, and every agent, solicitor, or collector of the corporation in this state…

72A.061 MANDATORY FILINGS; FAILURE TO COMPLY; PENALTIES. § Subdivision 1.Annual statements. Any insurance company licensed to do business in this state, including fraternals, reciprocals and township mutuals, which neglects to file its annual statement in the form prescribed and …

72A.07 VIOLATIONS OF LAWS RELATING TO AGENTS, PENALTIES. Any person, firm, or corporation violating, or failing to comply with, any of the provisions of sections 60K.30 to 60K.56 and any person who acts in any manner in the negotiation or transaction of unlawful insurance with an…

72A.071 REBATES. § Subdivision 1.Prohibition. Notwithstanding any law to the contrary, insurers and producers are prohibited from knowingly permitting or offering to make or making any life insurance policy or annuity, or policy of accident and sickness insurance, or health plan …

72A.09 VIOLATIONS WHERE OFFENSE IS NOT SPECIFICALLY DESIGNATED. Whoever violates any provision of the insurance law where the nature of the offense is not specifically designated herein shall be guilty, for the first offense, of a misdemeanor, and for each subsequent offense, of …

72A.10 FAILURE TO APPEAR OR OBSTRUCTING COMMISSIONER. Whoever without justifiable cause neglects, upon due summons, to appear and testify before the commissioner, or obstructs the commissioner, or deputy or assistant commissioner, in an examination of an insurance company, shall …

72A.11 COMPLAINANT ENTITLED TO ONE-HALF OF FINE IN CERTAIN CASES. The person, other than the commissioner, or deputy or assistant commissioner, upon whose complaint a conviction is had for violation of the law prohibiting insurance in or by foreign companies not authorized to do …

72A.12 LIFE INSURANCE. § Subdivision 1.Issue of prohibited life policies. Every officer or agent of a life insurance company who shall issue any policy in violation of any order or other prohibition by the commissioner made pursuant to law, shall be guilty, for the first offense,…

72A.125 RENTAL VEHICLE PERSONAL ACCIDENT INSURANCE; SPECIAL REQUIREMENTS. § Subdivision 1.Definitions. (a) "Auto rental company" means a corporation, partnership, individual, or other person that is engaged primarily in the renting of motor vehicles at per diem rates. (b) "Rental…

72A.13 ACCIDENT AND HEALTH INSURANCE, VIOLATIONS OF CERTAIN SECTIONS. § Subdivision 1.Penalties. Any company, corporation, association, society, or other insurer, or any officer or agent thereof, which or who solicits, issues or delivers to any person in this state any policy in …

72A.135 FAILURE TO FOLLOW DIVIDEND AND PRICING POLICY; PENALTIES. An insurer failing to file and adhere to the plan required by section 61A.03, subdivision 2, paragraph (h), is subject to a civil penalty of not more than $5,000 for each violation. History: 1983 c 292 s 3

72A.139 USE OF GENETIC TESTS. § Subdivision 1.Name and citation. This section shall be known and may be cited as the "Genetic Discrimination Act." § Subd. 2.Definitions. (a) As used in this section, "commissioner" means the commissioner of commerce for health plan companies and o…

72A.15 PENALTY FOR VIOLATION OF LAW PROVIDING FOR INSURANCE IN UNLICENSED COMPANIES. Every person licensed to procure insurance in an unlicensed foreign company who fails to file the affidavit and statement required in such case or who willfully makes a false affidavit or stateme…

72A.16 MUTUAL COMPANIES. § Subdivision 1.Unlawful procurement or use of proxy. Every officer or agent of a domestic mutual insurance company who shall solicit, receive, procure to be obtained, or use, a proxy vote in violation of any provision of law shall be guilty of a gross mi…

72A.17 PURPOSE OF SECTIONS 72A.17 TO 72A.32. The purpose of sections 72A.17 to 72A.32 is to regulate trade practices in the business of insurance in accordance with the intent of Congress as expressed in the Act of Congress of March 9, 1945 (Public Law 15, 79th Congress), by defi…

72A.18 DEFINITIONS. § Subdivision 1.General. Unless the context clearly indicates otherwise, the following terms, when used in sections 72A.17 to 72A.32, shall have the meanings respectively ascribed to them in this section. § Subd. 2.Person. "Person" means any individual, corpor…

72A.19 UNFAIR METHODS AND UNFAIR OR DECEPTIVE ACTS AND PRACTICES. § Subdivision 1.Prohibition. No person shall engage in this state in any trade practice which is defined in sections 72A.17 to 72A.32 as or determined pursuant to sections 72A.17 to 72A.32 to be an unfair method of…

72A.20 METHODS, ACTS, AND PRACTICES WHICH ARE DEFINED AS UNFAIR OR DECEPTIVE. § Subdivision 1.Misrepresentations and false advertising of policy contracts. Making, issuing, circulating, or causing to be made, issued, or circulated, any estimate, illustration, circular, or stateme…

72A.201 REGULATION OF CLAIMS PRACTICES. § Subdivision 1.Administrative enforcement. The commissioner may, in accordance with chapter 14, adopt rules to ensure the prompt, fair, and honest processing of claims and complaints. The commissioner may, in accordance with sections 72A.2…

72A.203 EXEMPTIONS. Unless otherwise specifically included, sections 72A.203 to 72A.2036 do not apply to annuity transactions involving: (1) direct response marketing of group insurance as provided for in section 72A.20, subdivision 34; (2) contracts used to fund group plans unde…

72A.2031 DEFINITIONS. § Subdivision 1.Definitions. For purposes of sections 72A.203 to 72A.2036, the terms defined in this section have the meanings given them. § Subd. 2.Annuity. "Annuity" means an annuity that is an insurance product under state law that is individually solicit…

72A.2032 DUTIES OF INSURERS AND INSURANCE PRODUCERS. § Subdivision 1. MS 2020 [Repealed, 2022 c 84 s 24] § Subd. 1a.Best interest obligations. An insurance producer, when recommending an annuity, shall act in the best interest of the consumer under the circumstances known at the …

72A.2033 INSURANCE PRODUCER TRAINING. § Subdivision 1.Requirement. An insurance producer shall not solicit the sale of an annuity product unless the insurance producer has adequate knowledge of the product to recommend the annuity and the insurance producer is in compliance with …

72A.2034 PENALTIES. § Subdivision 1.Imposition; mitigation; enforcement. (a) An insurer is responsible for compliance with sections 72A.203 to 72A.2036. If a violation occurs, either because of the action or inaction of the insurer or its insurance producer, the commissioner may …

72A.2035 RECORD KEEPING. § Subdivision 1.Duration. Insurers and insurance producers shall maintain or be able to make available to the commissioner records of the information collected from the consumer, disclosures made to the consumer, including summaries of oral disclosures, a…

72A.2036 RELATIONSHIP TO OTHER LAWS; ENFORCEMENT. (a) Nothing in sections 72A.203 to 72A.2036 limits the commissioner's authority to make any investigation or take any action under chapter 45 or other applicable law with respect to any insurer, insurance producer, broker-dealer, …

72A.204 PROHIBITED USES OF SENIOR-SPECIFIC CERTIFICATIONS AND PROFESSIONAL DESIGNATIONS. § Subdivision 1.Purpose and scope. The purpose of this section is to set forth standards to protect consumers from misleading and fraudulent marketing practices with respect to the use of sen…

72A.207 GRADED DEATH BENEFITS. For the purpose of this section, a graded death benefit is a provision within a life insurance policy in which the death benefit, in the early years of the policy, is less than the face amount of the policy, but which increases with the passage of t…

72A.21 POWER OF COMMISSIONER. The commissioner shall have power to examine and investigate into the affairs of every person engaged in the business of insurance in this state in order to determine whether that person has been or is engaged in any unfair method of competition or i…

72A.22 HEARING; WITNESSES; PRODUCTION OF BOOKS. § Subdivision 1.Statement of charges and notice of hearing. Whenever the commissioner has reason to believe that any person has been engaged or is engaging in this state in any unfair method of competition or any unfair or deceptive…

72A.25 UNFAIR COMPETITION. § Subdivision 1.Statement of charges; service; hearing. Whenever the commissioner has reason to believe that any person engaged in the business of insurance is engaged in this state in any method of competition or in any act or practice in the conduct o…

72A.26 INTERVENTION. If the report of the commissioner does not charge a violation of sections 72A.17 to 72A.32, any intervenor in the proceedings may, within 20 days after the service of the report, cause a petition to be filed in the District Court of Ramsey County for a review…

72A.27 APPEAL. Any decree or order of a district court made and entered under section 72A.25 is subject to review by appeal as in other civil cases. The appeal must be taken within the time prescribed by law for taking appeals from orders of the district courts. History: 1967 c 3…

72A.285 CLAIM FOR INSURANCE BENEFITS; RELEASE OF SUMMARY INFORMATION. Notwithstanding section 145.64, when a review organization, as defined in section 145.61, has conducted a review of health services given or proposed to be given to an insured or claimant in connection with or …

72A.29 CONCURRENT REMEDIES. § Subdivision 1.Liability under other laws. No order of the commissioner, or order or decree of any district court, under sections 72A.17 to 72A.32 shall in any way relieve or absolve any person affected by such order or decree from any liability under…

72A.30 EVIDENTIAL PRIVILEGE DENIED; IMMUNITY; WAIVER. A person who asks to be excused from attending and testifying or from producing any books, papers, records, correspondence, or other documents at any hearing on the ground that the testimony or evidence required may tend to in…

72A.31 CERTAIN ACTS DEEMED UNFAIR METHOD OF COMPETITION. § Subdivision 1.Real and personal property financing; prohibited acts by businesses. No person, firm or corporation engaged in the business of financing the purchase of real or personal property or of lending money on the s…

72A.32 VIOLATIONS, PROCEDURE. Any violation of section 72A.31 shall constitute an unfair method of competition and the person, firm or corporation practicing the same shall be proceeded against under the provisions of sections 72A.21 to 72A.25, inclusive. History: 1967 c 395 art …

72A.325 INSURANCE FOR FUNERAL OR BURIAL EXPENSE; FREEDOM OF CHOICE. No insurance company, agent, or other person engaged in the business of providing insurance or other benefits for the payment of any funeral or burial expense, shall designate, endorse, or otherwise promote any p…

72A.328 AFFINITY GROUP. § Subdivision 1.Definitions. (a) For purposes of this section the following terms have the meanings given. (b) "Affinity program" means an organization or group formed around a common interest or specified purpose, or a group of individuals who are members…