Workers' Compensation Insurance (rates, the assigned risk plan, the data service organization, self-insurance)

What this document is

Minnesota Statutes Chapter 79 - Workers' Compensation Insurance (rates, the assigned risk plan, the data service organization, self-insurance) is a state statute published by Minnesota Office of the Revisor of Statutes (revisor.mn.gov). It is one of the Minnesota documents that insurance license exam questions are written from, including minnesota property & casualty practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

• Minn. Stat. § 79.251, subd. 1(a) (General duties of commissioner; assigned risk plan status and reserve oversight)

  “(a)(1) The commissioner shall have all the usual powers and authorities necessary for the discharge of the commissioner's duties under this section and may contract with individuals in discharge of those duties. The commissioner shall audit the reserves established (i) for individual cases arising...”

• Minn. Stat. § 79.252, subd. 3a (Disqualifying Factors)

  “An employer may be denied or terminated from coverage through the assigned risk plan if the employer: (1) applies for coverage for only a portion of the employer's statutory liability under chapter 176, excluding wrap-up policies; (2) has an outstanding debt due and owing to the assigned risk plan...”

• Minn. Stat. § 79.252, subd. 2 (Assigned Risk Plan; Rejected Risks)

  “An insurer that refuses to write insurance for an employer shall furnish the employer a written notice of refusal. The employer shall file a copy of the notice of refusal with the data service organization under contract with the commissioner pursuant to section 79.251, subdivision 4.”

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Questions about this source

More Minnesota sources

• Minn. Stat. s. 72A.20: Methods, acts, and practices which are unfair or deceptiveState statute
• Minn. Stat. s. 60K.43: Producer license denial, suspension, revocation, or refusalState statute
• Minn. Stat. s. 60K.31 et seq.: Insurance producer licensingState statute
• Minn. Stat. ss. 61A.03 et seq.: Life insurance policy provisionsState statute
• Minn. Stat. s. 62A.04: Accident and health policy required and optional provisionsState statute
• Minnesota Statutes Chapter 176 - Workers' Compensation (the Minnesota Workers' Compensation Act: coverage, benefits, procedure, rehabilitation, insurance)State statute
• Minnesota Statutes Chapter 45 - Department of Commerce (the commissioner's powers, enforcement, licensing administration and the 45.027 enforcement section)State statute
• Minnesota Statutes Chapter 60A - Insurance in General, first third (Secs. 60A.01 through 60A.11)State statute