Minnesota § 79.50 PURPOSES

Minnesota Statutes

§ 79.50 — PURPOSES

Minnesota § 79.50

PartINSURANCE

Ch. 79WORKERS' COMPENSATION INSURANCE

This text of Minnesota § 79.50 (PURPOSES) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 79.50 (2026).

Text

The purposes of this chapter are to:

(a)promote public welfare by regulating insurance rates so that premiums are not excessive, inadequate, or unfairly discriminatory;

(b)promote quality and integrity in the databases used in workers' compensation insurance ratemaking;

(c)prohibit price fixing agreements and anticompetitive behavior by insurers;

(d)define the function and scope of activities of data service organizations; and

(e)encourage insurers to provide alternative innovative methods whereby employers can meet the requirements imposed by section176.181.

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The purposes of this chapter are to:
(a) promote public welfare by regulating insurance rates so that premiums are not excessive, inadequate, or unfairly discriminatory;
(b) promote quality and integrity in the databases used in workers' compensation insurance ratemaking;
(c) prohibit price fixing agreements and anticompetitive behavior by insurers;
(d) define the function and scope of activities of data service organizations; and
(e) encourage insurers to provide alternative innovative methods whereby employers can meet the requirements imposed by section176.181.