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S.F. No. 1344 - Insurance Fraud
 
Author: Senator Paul J. Utke
 
Prepared By: Christopher B. Stang, Senate Counsel (651/296-0539)
 
Date: March 6, 2017



 

Section 1 requires the Commerce Fraud Bureau to withhold public access to data on individuals when the data would reveal the identity of a mandated reporter under section 60A.952.

Section 2 allows the commissioner of commerce to order restitution to a company for the cost of an investigation in connection with insurance fraud.

Section 3 removes the requirement that an insurance company notify the commissioner of commerce when the insurance company has a penalty imposed against it by a different state for violating the insurance laws of the other state.

Section 4 defines “automobile theft” to include automobile-related theft.

Section 5 defines “peace officer” to include a peace officer with the Commerce Fraud Bureau.

Section 6 makes the bill effective the day following final enactment.

 
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