Minnesota HF2389 authorizes data calls for insurers, establishes group capital calculations, mandates NAIC liquidity stress tests, and regulates.

Minnesota HF2389 authorizes the commissioner to issue data calls to insurers, establish group capital calculations, and require insurers to complete NAIC liquidity stress tests. Insurers must file these calculations and test results. The bill also regulates limited long-term care insurance, prohibiting certain conditions and exclusions, and mandates coverage outlines for applicants. It modifies automobile insurance provisions, including participation ratios and coverage requirements.

Minnesota HF2389 authorizes data calls for insurers, establishes group capital calculations, mandates NAIC liquidity stress tests, and regulates.

Minnesota HF2389 authorizes the commissioner to issue data calls to insurers, establish group capital calculations, and require insurers to complete NAIC liquidity stress tests. Insurers must file these calculations and test results. The bill also regulates limited long-term care insurance, prohibiting certain conditions and exclusions, and mandates coverage outlines for applicants. It modifies automobile insurance provisions, including participation ratios and coverage requirements.