SF2230

Homeowner's insurance advertisements regulation provisions
Legislative Session 94 (2025-2026)

Related bill: HF1519

AI Generated Summary

This bill (Senate File No. 2230) proposes a new regulation for homeowners insurance advertisements in Minnesota. It requires insurance companies operating in the state to disclose specific financial information in their advertisements, including:

  1. The total amount spent on advertising and marketing in the previous calendar year.
  2. If the company is publicly traded, the increase or decrease in its stock prices for the previous calendar year.

The proposed law aims to enhance transparency in homeowners insurance marketing.

Bill text versions

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Actions

DateChamberWhereTypeNameCommittee Name
March 06, 2025SenateActionIntroduction and first reading
March 06, 2025SenateActionReferred toCommerce and Consumer Protection
Showing the 5  most recent stages. This bill has 2  stages in total. Log in to view all stages

Progress through the legislative process

17%
In Committee

Sponsors

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