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MN HF1519
Bill
Status
Introduced
2/26/2025
Primary Sponsor
Michael Howard
Click for details
AI Summary
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Requires insurance companies licensed in Minnesota offering homeowner's insurance to include specific disclosures in all print, televised, electronic, and radio advertisements
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Mandates disclosure of the total amount the insurance company spent on advertising and marketing during the previous calendar year
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Requires publicly traded insurance companies to also disclose the increase or decrease in their stock prices for the previous calendar year
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Creates new section 72A.329 in Minnesota Statutes governing homeowner's insurance advertising requirements
Legislative Description
Homeowner's insurance advertisements regulated.
Last Action
Introduction and first reading, referred to Commerce Finance and Policy
2/26/2025
Committee Referrals
Commerce Finance & Policy2/26/2025
Full Bill Text
No bill text available