HF 2389: Data calls authorized, group capital calculations established for insurers, insurers required to complete a NAIC liquidity stress test, insurers required to file group capital calculations and results from the NAIC liquidity stress test, insurers required to secure a deposit or bond, limited long-term care insurance provided for and regulated, automobile insurance governing provisions modified, data classified, penalties provided, and technical changes made.

Plain-language summary

HF 2389 is a bill introduced in the Minnesota House on March 17, 2025. According to its official title, it concerns: Data calls authorized, group capital calculations established for insurers, insurers required to complete a NAIC liquidity stress test, insurers required to file group capital calculations and results from the NAIC liquidity stress test, insurers required to secure a deposit or bond, limited long-term care insurance provided for and regulated, automobile insurance governing provisions modified, data classified, penalties provided, and technical changes made. Primary sponsor: Leigh Finke (Democratic-Farmer-Labor). Most recent recorded action (April 7, 2025): Committee report, to adopt as amended and re-refer to Commerce Finance and Policy.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written