Amends insurance provisions, including limited long-term care insurance and automobile insurance.
The bill modifies insurance provisions in Minnesota, focusing on limited long-term care insurance and automobile insurance. It authorizes the commissioner to issue data calls for targeted regulatory oversight and classifies certain data as nonpublic. It regulates limited long-term care insurance by prohibiting certain conditions for eligibility and requiring nonforfeiture benefits. It also modifies automobile insurance provisions, including the distribution of private passenger, nonfleet auto risks and the issuance of policies by members. The changes are effective January 1, 2026.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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