MN HF2235

Removes obsolete transitional language "Beginning with the payment due on or before June 1, 2024" from the insurance fraud prevention assessment statute, as that date has passed

Maintains existing tiered assessment structure for insurers based on total assets: $400 (under $100 million), $1,500 ($100 million to $1 billion), $4,000 (over $1 billion)

Maintains existing tiered assessment structure based on Minnesota written premium: $400 (under $10 million), $1,500 ($10 million to $100 million), $4,000 (over $100 million)

Assessments due annually by June 1 and deposited into the insurance fraud prevention account