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:
- The total amount spent on advertising and marketing in the previous calendar year.
- 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
- Introduction PDF file
Actions
Date | Chamber | Where | Type | Name | Committee Name |
---|---|---|---|---|---|
March 05, 2025 | Senate | Floor | Action | Introduction and first reading | |
March 05, 2025 | Senate | Floor | Action | Referred to | Commerce and Consumer Protection |