Minnesota: Bad Faith Bill Sent to Full Senate

According to NAMIC's Minnesota state trade partners, the Senate Judiciary Committee passed S.F. 2822, the Trial Lawyers Bad Faith bill, early last week and referred it to the Senate floor. Later, the committee rejected S.F. 3116 – the insurance industry’s preferred language.

On Friday, NAMIC distributed an action alert to members domiciled or writing in Minnesota, requesting they contact Senate leadership asking that they vote "no" when the bill is brought before the full Senate.

"This situation is very fluid," said Joe Thesing, NAMIC's director – state affairs. "Stay tuned for additional updates throughout this week."

Direct questions to NAMIC's Director – State Affairs Joe Thesing or State Affairs Manager Mark Johnston.

Posted: Tuesday, March 18, 2008 12:00:00 AM. Modified: Tuesday, March 18, 2008 1:26:08 PM.

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We are 1,400 property/casualty insurance companies serving more than 135 million auto, home and business policyholders, with more than $196 billion in premiums accounting for 50 percent of the automobile/homeowners market and 31 percent of the business insurance market. We are the largest and most diverse property/casualty trade association in the country, with regional and local mutual insurance companies on main streets across America joining many of the country’s largest national insurers who also call NAMIC their home. More than 200,000 people are employed by NAMIC members.