Minnesota SF2205 establishes a task force to evaluate and recommend solutions for homeowners and commercial property insurance affordability.

Minnesota SF2205 creates a task force to evaluate issues and provide recommendations on insurance affordability for single-family housing, multifamily rental housing, common interest communities, cooperatives, and small businesses. The task force will also consider factors that increase claim costs, such as post-loss contractors and fraudulent claims, and explore ways to prevent disruptions to Minnesota's housing infrastructure and small businesses. The task force will review risk mitigation methodologies, liability laws, and minimum notice for coverage changes.

Minnesota SF2205 establishes a task force to evaluate and recommend solutions for homeowners and commercial property insurance affordability.

Minnesota SF2205 creates a task force to evaluate issues and provide recommendations on insurance affordability for single-family housing, multifamily rental housing, common interest communities, cooperatives, and small businesses. The task force will also consider factors that increase claim costs, such as post-loss contractors and fraudulent claims, and explore ways to prevent disruptions to Minnesota's housing infrastructure and small businesses. The task force will review risk mitigation methodologies, liability laws, and minimum notice for coverage changes.