Transcript Highlights:

• It provides additional authority to the Minnesota Insurance Guarantee Association in cases where a property
• <00:01:20.640> Insurance<00:01:21.159> guarantee Minnesota Insurance guarantee Minnesota
• Jeff Christensen, Executive Director, Minnesota Insurance Guarantee Association. Thank you.
• <00:04:07.239> Insurance<00:04:07.799> guarantee Minnesota Insurance guarantee Minnesota
• Minnesota interact with our insurance Minnesota interact with our insurance Market<00:41:38.760>

Bills: HF747, HF1014, HF320, HF400

Keywords: corporate governance, shareholder rights, beneficial ownership, defective corporate acts, Minnesota Business Corporation Act, Minnesota Insurance Guaranty Association, MIGA, insurance guaranty fund, insurer insolvency, covered claim, net worth threshold, high-net-worth insured, financial information request, insurance claims, self-insured retention, deductible, commercial insurance, insurance regulation, Minnesota Statutes 60C.09, guaranty association

Transcript Highlights:

• And this is a bill relating to insurance continuing education here in the state of Minnesota.
• occurs when insurance professionals actively participate in professional associations.
• occurs when insurance professionals actively participate in professional associations.
• <00:08:13.039> associations<00:08:14.319> that other three insurance associations that
• My name is Chad Fanning with the Minnesota Medical Association.

Bills: HF357, HF3389, HF1434, HF2500, HF1606

Keywords: HF357, hasenpfeffer, card games, social skill game, Minnesota gambling law, tournament, contest, prize limit, low-stakes gaming, card game exemption, gambling exemption, cribbage, bridge, euchre, pinochle, Texas hold'em, whist, skat, sheepshead, gin

Transcript Highlights:

• American Property Casualty Insurance Association, we show you.
• Again, my name is Scott Kibbe with the American Property Casualty Insurance Association testifying today
• Chairman, to talk with Brian Powell, who's overseeing this issue with the National Association of Insurance
• The Texas Fair Plan Association pays premium and maintenance taxes to the Texas Department of Insurance
• Okay, we show you Jennifer Collie from the Texas Association of Life... ...and Health Insurers.

Bills: HB778, HB 1266, HB1576, HB2213, HB2517, HB2518, HB2841, HB3306, HB3320, HB3388, HB3508, HB3520, HB3689

Keywords: credentialing, healthcare, physician assistants, advanced practice nurses, managed care, hurricane, windstorm, loss mitigation, grants, insurance discounts, property retrofitting, insurance, Texas Windstorm Insurance Association, board composition, coastal counties, property insurance, taxation, Texas FAIR Plan Association, premium taxes, maintenance taxes

Transcript Highlights:

• We show you registered as Scott Kibbe, American Property Casualty Insurance Association.
• I'm with the American Property Casualty Insurance... ...Association, our national trade association,
• David Durden, GM, Texas Wind and Storm Insurance Association. It is neutral for HB 3689.
• David Durden, General Manager, Texas Windstorm Insurance Association.
• , a national trade association with about 1,500 members in property casualty insurers.

Bills: HB778, HB 1266, HB1576, HB2213, HB2517, HB2518, HB2841, HB3306, HB3320, HB3388, HB3508, HB3520, HB3689

Keywords: credentialing, healthcare, physician assistants, advanced practice nurses, managed care, hurricane, windstorm, loss mitigation, grants, insurance discounts, property retrofitting, insurance, Texas Windstorm Insurance Association, board composition, coastal counties, property insurance, taxation, Texas FAIR Plan Association, premium taxes, maintenance taxes

Transcript Highlights:

• But Congress is recommending the adoption of the National Association of Insurance Commissioners group
• As a reminder, the NAIC, or the National Association of Insurance Commissioners, is an organization made
• Adding them to Minnesota statutes would ensure that we maintain strong insurance solvency requirements
• What I can say is that the Minnesota Mortgage Association has vetted this proposal, and they support
• So once again, we're well on our way to getting a Minnesota insurance license in this committee at this

Bills: HF2601, HF2607, HF2027, HF2608

Keywords: financial institutions, insurance regulation, insurance holding company, group capital calculation, liquidity stress test, NAIC, National Association of Insurance Commissioners, insurer solvency, affiliate transactions, groupwide supervision, internationally active insurance group, lead state commissioner, policyholder protection, hazardous financial condition, deposit or bond, contract for deed, conventional loan, cooperative apartment loan, mortgage interest rate cap, average prime offer rate

Transcript Highlights:

• I'm general counsel for the Minnesota Bankers Association.
• The MBA is a trade association that represents about 95% of the banks in Minnesota from the largest to
• 00:03:42.160> Bankers counsel for the Minnesota Bankers counsel for the Minnesota Bankers Association
• state of Minnesota. state of Minnesota.
• Minnesota currently has the second highest number of state-required mandates in the fully insured market

Bills: HF4502, HF3388, HF4106, HF400, HF4138, HF4118, HF4203

Keywords: trusted contact, financial exploitation, elder abuse, elder financial abuse, fraud prevention, financial institution, banking, credit union, broker-dealer, account security, dormant account, consumer protection, scam, suspicious activity, protective services, law enforcement reporting, Minnesota Statutes chapter 45A, HF3388, Minnesota premium security plan, reinsurance

Transcript Highlights:

• <00:04:23.360> of<00:04:23.520> insurance National Association of insurance National
• Association of insurance Commissioners<00:04:24.520> group<00:04:24.880> Capital<00:04
• NAIC or the National Association of NAIC or the National Association of insurance<00:04:47.440><
• What I can say is the Minnesota Mortgage Association has vetted this proposal and they support it.
• well on our way to getting a Minnesota well on our way to getting a Minnesota insurance<00:26:00.840

Bills: HF2601, HF2607, HF2027, HF2608

Keywords: financial institutions, insurance regulation, insurance holding company, group capital calculation, liquidity stress test, NAIC, National Association of Insurance Commissioners, insurer solvency, affiliate transactions, groupwide supervision, internationally active insurance group, lead state commissioner, policyholder protection, hazardous financial condition, deposit or bond, contract for deed, conventional loan, cooperative apartment loan, mortgage interest rate cap, average prime offer rate

Transcript Highlights:

• Oklahoma Captive Insurance Company Act.
• Insurance Association to improve the state's captive insurance framework.
• Hospital association lines 15-16.
• because the insurance companies won't be on board?
• That financial relationship should belong between the patient, the insured, and the insurance company

Bills: HB3794, HB3796, HB3928, HB2955, HB4453, HB4460

Keywords: licensure, criminal history, public safety, occupational certification, rehabilitation, state regulations, insurance, regulations, certification, long-term care, mergers, consumer protection, property safety, vision insurance, optometry, reimbursement, healthcare policy, ophthalmic materials, provider agreements, captive insurance

Transcript Highlights:

• So, are there any like independent appraisers that wouldn't be underneath an envelope of an insurance
• House Bill 2955 updates and modernizes the Oklahoma captive insurance company act.
• Insurance Association to improve the state's captive insurance framework.
• It's a bill that I've been working on with the insurance department since last summer.
• insurance.

Bills: HB3783, HB2955, HB3802, HB4488, HB2471, HB3781, HB3127

Keywords: captive insurance, protected cell, sponsored captive, captive insurer, insurance commissioner, premium tax, dormant captive, risk retention group, pure captive, association captive, industrial insured captive, series captive, branch captive, special purpose captive, reciprocal insurer, capital and surplus, letter of credit, change in control, merger, conversion

Transcript Highlights:

• They're waiting for this to get these jobs done while we have weather permitting in Minnesota.
• And so if this is something Minnesota.
• And then we also add County, Minnesota.
• Like Minnesota, many states have chosen to submit one civic leader and one political leader.
• reflect our uh proud Minnesota reflect our uh proud Minnesota traditions<00:14:19.279> and

Bills: HF3228, HF475

Keywords: workers' compensation, insurance programs, employee protection, Minnesota statutes, safety regulations, statue replacement, Hubert H. Humphrey, national commemoration, civil rights, Minnesota history, 1183, house

Transcript Highlights:

• I serve as president and CEO of the Insurance Federation of Minnesota.
• Association of Farm Mutual Insurance Companies.
• insurance companies operating in Minnesota.
• insurance companies operating in Minnesota.
• of the National Association of Insurance and Financial Advisers for the state of Minnesota.

Bills: HF4881, HF4867, HF4422, HF4223

Keywords: healthcare, insurance, regulation, financial institutions, prescription drug affordability, consumer protection, restitution account, financial compensation, attorney general, distributions, property insurance, homeowners insurance, fire and allied lines, hail insurance, appraisal clause, loss adjustment, alternative dispute resolution, insurance claims, claim valuation, actual cash value

Transcript Highlights:

• Minnesota that the students initiated. Minnesota that the students initiated.
• The state’s bargaining authority over health insurance is placed with the Minnesota Management and Budget
• is placed with the health insurance is placed with the Minnesota<00:53:28.000> management<00:
• . insurance. insurance.
• Minnesota. Minnesota.

Bills: HF4479, HF4368, HF4889

Keywords: higher education, public university, college campus, postsecondary institution, Minnesota State Colleges and Universities, University of Minnesota, town hall, town hall meeting, elected official, legislator, public forum, constituent meeting, campus access, free meeting space, parking fees, civic engagement, public outreach, chapter 135A, HF4368, Minnesota State

Summary: The committee approved the April 9 minutes and then took up House File 4479, which would require public postsecondary institutions to make space available for town halls and similar official events by elected officials, with limits intended to keep the events on the official side and not campaign-related. Representative Frederick said the bill is meant to prevent universities from creating barriers such as fees or parking charges and to ensure a neutral, accessible venue for community conversations. The bill was laid over for possible later action. The committee heard supportive testimony from Jim Dimmick of Minnesota State University, Mankato, who argued that town halls should be public, open, moderated, and dialogic rather than speeches, and said universities should be centers for public discourse. He also said charging fees can undermine neutrality and that using partisan student groups to sponsor events can create the appearance of bias. Minnesota State official Mr. Omen said campuses often host these events, fees are set locally to cover costs, and student government sponsorship can sometimes avoid charges; he also noted the fee at Mankato is discounted and depends on room size. Several members raised concerns about the bill. Representative Scott, Chair Robbins, Representative Schwarz, Representative Allen, and others argued that campuses should not be required by statute to give legislators special treatment, that fees and parking costs cover real expenses, and that universities should remain focused on education rather than political events. Questions also focused on who would decide what room size is reasonable, how disputes would be handled, and who would pay for security if protests or safety issues arose. Representative Frederick responded that room selection would be a good-faith partnership with the university, that the bill does not require a town hall or guarantee a specific room, and that security funding is not spelled out in the bill.

Transcript Highlights:

• It's got support from the Minnesota Chamber of Commerce and the Minnesota Federation of Insurance, and
• Care Minnesota Care, the Minnesota Care Minnesota Care, the Minnesota Care program?
• Minnesota. Minnesota.
• It created the MCHIP program, the Minnesota Comprehensive Health Insurance Program.
• What it does is allow Minnesota credit unions to opt into insurance that's provided through a private

Bills: HF3766, HF3972, HF3437, HF4118

Keywords: travel insurance, regulation, insurance licensing, consumer protection, travel assistance, short-term rental, vacation rental, home sharing, rental marketplace, online platform, property damage guarantee, damage waiver, reimbursement insurance, insurance regulation, commerce department, platform user, Airbnb, Vrbo, host protection, rental home marketplace

Transcript Highlights:

• So the assessment is based on MCHA members, meaning the Minnesota Comprehensive Health Insurance Association
• The Minnesota Comprehensive Health Insurance Act at the time became the association, and all members
• <00:09:52.000> Insurance Minnesota Comprehensive Health Insurance Minnesota Comprehensive
• <00:34:38.440> Minnesota<00:34:39.000> is premiums for our insurance Minnesota is premiums
• Market in Minnesota individual insurance Market in Minnesota it<00:37:41.520> also<00:37:41.880

Bills: HF837

Keywords: health insurance, premium security plan, federal funding, state innovation waiver, Minnesota, 1183, house

Transcript Highlights:

• Welcome to Business and Insurance.
• I mean, that is the contention that I've heard from insurance companies.
• And I get a discount through the insurance program that I use with my optometrist.
• The insurance commissioner has been involved all the way back in 24.
• That concludes business and insurance.

Bills: SB1303, SB1343, SB1435, SB1438, SB1444, SB1641, SB1765, SB1916, SB2067

Keywords: workers' compensation, workers comp, Oklahoma Workers' Compensation Commission, Administrative Workers' Compensation Act, self-insurance guaranty fund, multiple injury trust fund, physician advisory committee, advisory council on workers' compensation, workers' compensation court, insurance, employer liability, self-insured employer, fund transfer, records transfer, agency reorganization, statutory cleanup, technical corrections, Title 85A, SB1343, Vision Plan Contractual Requirements Act

Transcript Highlights:

• In the state of Minnesota, when the legislature approves additional mandates that go to health insurance
• Minnesota currently has the second-highest number of state-required mandates in the fully insured market
• insurance to their employees. insurance to their employees.
• My name is Dan Andre with the Minnesota Council of Health Plans, representing Minnesota's nonprofit insurers
• individual market in Minnesota. individual market in Minnesota.

Bills: HF3388, HF400

Keywords: HF3388, Minnesota premium security plan, reinsurance, health insurance, group health carriers, MCHA, MNsure, individual market, premium stabilization, carrier assessment, health insurance assessment, premium security plan account, state innovation waiver, high-risk pool, reinsurance payments, healthcare premiums, insurance carriers, deferral of assessment, financially impaired condition, HF400

Summary: The committee approved the minutes from the prior day and then heard House File 400, a bill described as a defrayal measure for health insurance mandates. Representative Perryman said the bill would not block future mandates, but would require the state to pay the added costs of any new mandated benefits so those costs would not be shifted to premium payers. She and supporters framed the bill as a way to protect affordability for Minnesota employers, workers, and families, especially in the fully insured market. Testimony in support came from the Minnesota Chamber of Commerce and the Minnesota Council of Health Plans. They argued that Minnesota has a high number of mandated benefits, that each new mandate adds cost to premiums, and that businesses—especially small and midsize employers—are already struggling with rising health insurance costs. The health plans representative said the bill would use the existing Commerce defrayal process to reimburse plans for eligible mandate-related claims, allowing those costs to be removed from premium rates. Several members echoed support, saying the bill would improve transparency by showing the fiscal impact of proposed mandates and help prevent people from being priced out of coverage. Members also explored how mandates apply in the market and how premiums are set. Deputy Commissioner Julia Dryer explained that, unless otherwise specified, mandates generally apply to the individual, small group, and fully insured large group markets, while self-insured ERISA plans and other markets are generally outside that scope. Representative Elkins noted that the affected market is relatively small and said small businesses are increasingly moving to self-insured plans because of cost. He and others raised concerns about affordability, while Representative Smith argued that mandates often ensure needed care and that the bill shifts costs to taxpayers rather than insurers. Representative Bacham added a personal example from tribal self-insurance, saying preventive physicals had saved lives and asking whether other factors besides mandates are driving insurer costs. No amendments were offered, and the bill was laid over for possible future consideration.

Transcript Highlights:

• options. of companies writing health insurance right now.
• In a 2021 study, it was found that 50% of state insurance commissioners nationwide had joined the insurance
• Next witness is Scott Kibbe, American Property Casualty Insurance Association, registered against SB1642
• It exempts the Texas Windstorm Association Fund (TWAF) from insurance premiums and maintenance taxes.
• overall availability of insurance in the marketplace.

Bills: SB1642, SB1643, SB2530

Keywords: Texas Department of Insurance, commission appointments, insurance regulation, oversight, consumer advocacy, insurance rates, property insurance, commercial automobile insurance, rate approval, consumer protection, windstorm insurance, Texas Windstorm Insurance Association, administrative penalties, coastal counties, 1184, house, all

Transcript Highlights:

• Uh, those were on the advice of the Minnesota Bar Association.
• Uh, again, based on the Minnesota Bar Association, we took out a couple of words that were already included
• >> Uh, Madam Chair, Dan Andre with the Minnesota Council of Health Plans, representing nonprofit insurers
• >> Uh, Madam Chair, Dan Andre with the Minnesota Council of Health Plans, representing nonprofit insurers
• I'm with Aspire Minnesota. We're a statewide association of child and family serving organizations.

Bills: SF1750, HF4250, HF3938, HF3904, HF3642

Keywords: common interest community, CIC, homeowners association, HOA, condominium, planned community, cooperative, unit owner, association board, declarant, declarant control, special declarant rights, assessment lien, foreclosure, late fees, fines, attorney fees, resale disclosure, annual report, maintenance plan

Transcript Highlights:

• The current system of providing health insurance to public school teachers in Minnesota is simply not
• The current system of providing health insurance to public school teachers in Minnesota is simply not
• I'm here on behalf of the Association of Minnesota School Districts, Minnesota Association of School
• of Minnesota School Districts, Minnesota of Minnesota School Districts, Minnesota Association<00
• :15.359> Association<00:42:15.920> of<00:42:16.079> School and Minnesota Association

Bills: HF3422, HF3461, HF2904

Keywords: state grants, grant oversight, grants management, executive agencies, Minnesota Department of Administration, commissioner of administration, fraud prevention, waste prevention, grant monitoring, financial reconciliation, grant compliance, state government, public funds, grant recipients, competitive grants, grant administration, administrative oversight, monitoring visits, grant policy, legislative leave

Transcript Highlights:

• With me today is Jeff Tolison, the president of the Minnesota Technology Association, and Andrew Thomas
• Jeff Tolison said he serves as president of the Minnesota Technology Association and, on behalf of all
• With me today is Jeff Tolison, the president of the Minnesota Technology Association, and Andrew Thomas
• Jeff Tolison said he serves as president of the Minnesota Technology Association and, on behalf of all
• > on Minnesota technology Association and on Minnesota technology Association and on behalf<00

Bills: HF1936, HF849, HF989, HF1130, HF1223, HF1907, HF1847, HF1957

Keywords: workforce development, youth employment, career guidance, education, job skills, Duluth Promise, education funding, career training, employment support, youth apprenticeship, economic development, minority support, internship program, Bloomington, funding, youth mentorship, job training, disadvantaged youth, Big Brothers Big Sisters, Youthprise