SF2230 (Legislative Session 94 (2025-2026))

Homeowner's insurance advertisements regulation provisions

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

Actions

DateChamberWhereTypeNameCommittee Name
March 05, 2025SenateFloorActionIntroduction and first reading
March 05, 2025SenateFloorActionReferred toCommerce and Consumer Protection