Minnesota insurance agents concerned over commissions and a health insurance exchange

Health Insurance news abortion rape

Insurance agents voice their concern regarding exchange system Minnesota is making progress on establishing its own health insurance exchange, but the state’s plans have sparked concerns amongst insurance agents. Independent insurance agents have come together to make their concerns heard by state officials. The majority of the state’s health insurance is sold by these independent agents, who are worried that a health insurance exchange will make deep cuts in their commissions. If these concerns are justified, an insurance exchange could present a serious financial problem for Minnesota agents. How insurance…

Read More

Government shutdown halts licensing activity from Minnesota Department of Insurance

Following the closure of the government in Minnesota on July 1, 2011, the state’s Department of Insurance announced that its licensing activities would be disrupted. As of the start of July, the shutdown of the state government – which has now occurred twice in six years – has led to a cessation of construction, a closure of state parks, and to the sending home of 22,000 state employees. The Minnesota Department of Commerce is responsible for the regulation of insurance within that state. It sent out a letter to insurance…

Read More