Minnesota HF1519 mandates disclosure of advertising expenses and stock price changes in homeowner's insurance ads.
Minnesota HF1519 requires insurance companies offering homeowner's insurance in Minnesota to disclose specific financial details in their advertisements. Companies must reveal the total amount spent on advertising and marketing during the previous calendar year. If the company is publicly traded, it must also disclose the increase or decrease in its stock prices for the previous year. This applies to print, televised, electronic, and radio advertisements.
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