MN Commerce: Flexibility for Federal Employees Affected by Shutdown

The Minnesota Department of Commerce issued a notice requesting insurance companies and financial institutions to provide flexibility to policyholders and customers affected by the federal government shutdown. The notice encourages measures such as extended grace periods for payments, waiving fees, and offering flexible payment arrangements.

Homeowner Insurance Zip Code Reporting Updates

The Minnesota Department of Commerce issued Administrative Bulletin 2025-1 to update guidance on homeowner insurance zip code reporting requirements for companies. This bulletin supersedes previous communications and clarifies the annual filing deadline and reporting scope for insurers operating in specific metropolitan areas and first-class cities within Minnesota.

Homeowner Insurance Zip Code Reporting Bulletin

The Minnesota Department of Commerce Insurance Division issued Administrative Bulletin 2024-1, superseding prior communications on homeowner insurance zip code reporting. Insurers writing homeowner policies in specified metropolitan areas or first-class cities must now file annual reports electronically by May 1.

Minnesota Guidance on Health Coverage for Gender Affirming Care

Minnesota issued a joint administrative bulletin clarifying that discrimination based on gender identity or expression in health insurance coverage is prohibited. This bulletin supersedes prior guidance and emphasizes existing laws to ensure access to medically necessary gender affirming care.

Bio-Med Investments II Settles with NH Securities Bureau for $2,500

The New Hampshire Bureau of Securities Regulation has settled with Bio-Med Investments II, LLC for $2,500. The settlement resolves allegations that Bio-Med II failed to timely file a notice for securities sales made in New Hampshire, more than a year after the first sale occurred.

Louisiana Insurance Policyholder Guidance After Storms

The Louisiana Department of Insurance has issued guidance for policyholders affected by recent storms. The guidance provides tips on filing insurance claims, protecting property from further damage, and avoiding potential scams.

Louisiana DOI Finalizes Auto Insurance Rate Decreases

The Louisiana Department of Insurance has finalized rate decreases for auto insurance policies from Imperial Fire & Casualty and Allstate North American Insurance Company. These changes are expected to result in lower premiums for over 58,000 policyholders in Louisiana.

Louisiana DOI Partners with NICB and 4WARN on Third-Party Litigation Funding

The Louisiana Department of Insurance (LDI) has partnered with the National Insurance Crime Bureau (NICB) and 4WARN to combat deceptive marketing tactics used by third-party litigation funding (TPLF) entities. This initiative aims to protect consumers from misleading online advertisements that steer insurance claims into unnecessary litigation, potentially increasing insurance costs.

Contractor Arrested for Fraud and Falsifying Documents

The Louisiana Department of Insurance issued a cease-and-desist order and arrested Jon Andersen for allegedly falsifying documents to obtain a contractor's license. Andersen submitted fraudulent certificates of insurance and doctored inspection records.

State Farm Dividend to Louisiana Policyholders

The Louisiana Department of Insurance announced that State Farm is issuing special dividends to qualifying policyholders. Policyholders with a Private Passenger Auto Voluntary Preferred policy in force as of December 31, 2025, will receive an average payment of $138 per vehicle, totaling $136 million statewide.